Well it seems that religious belief especially in a place for the baddies, we call hell, sheol or inferno is somewhat correlated with economic growth according to this study. I’m sure the researchers used some sort of meta-analysis (I haven’t seen the academic paper) in their conclusion that Protestant economies were about 35 years ahead of [...]
Hell drives economic growth and the dangers of doing a Bernie Villegas
January 4, 2010 By 16 Comments
The Hungry and The Foolish On the Road to 2010
July 3, 2009 By 62 Comments
Over a hundred years ago, a Republic was born. It was born amidst a era of nationalism. It wasn’t a unique idea. It was borrowed from Western thought. And a people, like many across the world wanted to self-govern. That Republic was short-lived and it became a Commonwealth of the Americans. But the dream never [...]
Jobs and Infrastructure, Never Dole-Outs
March 25, 2009 By 17 Comments
Foolish. That’s what this whole proposal by the NEDA Chief Recto is: STO. TOMAS, Pangasinan, Philippines – President Arroyo has ordered economic managers to study the proposal of Socioeconomic Planning Secretary Ralph Recto for the government to set up a fund to extend temporary unemployment insurance to workers who lose their jobs, with money to [...]
Writing on the Wall
February 20, 2009 By 26 Comments
So I was reading Asian Perceptions 2008: The results of a survey on the views which Asia Focussed Business People Hold on the Business Climate in Asia which was shared by @mlq3 on plurk. three graphs showed startling numbers: (click each image to see the bigger picture)
Hanjin and the Labor Safety Net
February 8, 2009 By 5 Comments
Hanjin is now becoming synonymous with death. After the accident of the Hanjin hired bus and other death incidents, the Senate opened up an investigation regarding the situation of the workers inside the shipyard of Hanjin. In the inspection that was led by Jinggoy Estrada, many employees expressed their dismay and frustration with the company. [...]
Filipinos and entrepreneurship: What’s the real score?
July 18, 2008 By 16 Comments
The result of the GEM Philippines 2006-2007 National Report, as cited by CVJ, is baffling, to say the least. In the study, GEM Philippines states that the distribution of entrepreneurs by socio-economic status is as follows: Class ABC+ 7%, Class C- 19%, Class D 54%, Class E 20%. Results show that four out of 10 [...]
The Wall Street Journal Berates Gloria
July 2, 2008 By 5 Comments
The Wall Street Journal has delivered a scathing review of what it calls the “powering down of the Philippine economy” courtesy of President Gloria Macapagal Arroyo. The piece, “1 STEP FORWARD BUT 2 STEPS BACKWARD–on Philippine Economy” was written by Greg Rushford who is editor of the Rushford Report, an online journal that tracks the [...]
OFWs as local investors.
June 4, 2008 By 60 Comments
The Senate recently passed on third reading Bill 1882, which aims to establish a “provident personal savings plan” to be called the Personal Equities and Retirement Account or PERA. The law, according to the Manila Times, aims to “establish the legal and regulatory framework for an alternative pension fund that will give tax breaks to [...]
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