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Does Inflation Happen in Hell?

» by Chewxy April 11th, 2007 at 9:00 am » Comments (22)

This post is to humor Shyuing, who’s been going through hell (I assume) studying for her Macroeconomics.
We Chinese have a custom called Qing Ming (清明). It is akin to All Souls’ Day in the west. Qing Ming is a time for us Chinese to honor our dead ancestors, tend to the graves of the departed [...]



WiMAX, Auctions, Beauty Contests and et cetera

» by Chewxy March 17th, 2007 at 7:40 pm » Comments (13)

Today, I’m taking a break from the Miscellaneous series, a series of posts about random miscellany in life. Instead, I will delve into some more serious economic topics like Elanor (hah! I wish!). More specifically, I’ll be talking nonsense about WiMAX in Malaysia.
In the year 2000, the United Kingdom decided to auction off 3G airwaves. [...]



Irrational Panic - Homo Economicus is Dead

» by Chewxy March 2nd, 2007 at 7:00 am » Comments (18)

Friends, Romans Earthlings, Countrymen Planetmen, lend me your ears:
Homo Economicus is dead. We have lost him a few days ago, but we have missed him for a long time. We have missed his rational actions, his rational voice in our daily actions.
Homo Economicus was the man whom, when given a set of information, would make [...]



Ang Pau Economics

» by Chewxy February 23rd, 2007 at 8:00 am » Comments (12)

It is a Chinese tradition that during Chinese New Year, older (and usually wiser) married people would give red packets (Mandarin: 红包 - hong bao; or Hokkien: Ang Pau) to younger, unmarried people. Inside these red packets, there would be money (yay!!!), usually in even numbers (though these few years it started to be a [...]



Conversations with a Government Lackey

» by Chewxy February 13th, 2007 at 1:37 pm » Comments (23)

Right… last night, I woke up all groggy, and had a few words with the Princess, then when going back to bed, a friend messaged me on MSN. He was the typical government lackey (you know, JPA scholar, die-hard govt. policy supporter, that sort). Below is a selected portion of my conversation with him (names [...]