ECONOMY

ECONOMY

Singapore’s Pay Model Isn’t India’s: Market Wages vs. Civil-Service Rents

In my post How High Government Pay Wastes Talent and Drains Productivity I pointed to evidence that high government compensation in poorer countries creates tremendous waste and drains the private sector of productive talent. A reader asked: What about Singapore?—famous...

ECONOMY

The Danger from Japan

Answer: America won. Every generation launches a new competitor to America and the people who don’t like capitalism and America’s...

ECONOMY

Design Your Own Rug!

For my wedding anniversary, I designed and had hand-woven in Afghanistan a rug for my microbiologist wife. The rug mixes...

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