Tag Archives: donald low

HUMAN RIGHTS NGO: APOLOGY TO LAW MINISTER IS SETBACK FOR FREEDOM OF SPEECH

Donald Low’s apology to Singapore’s Law Minister K Shanmugam is another setback for freedom of expression and will reinforce self-censorship. In a facebook post last month, the Lee Kuan Yew School of Public policy academic criticized the Minister’s remarks, reported in Today, that penalties for crime need to reflect public opinion. Networks of power are so far reaching and deeply entrenched in Singapore it is easy for any politician of the PAP, especially a senior one to wield his influence.

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DR CHEE: WAS VIDEO OF ACADEMIC CENSORED DUE TO RUN-IN WITH LAW MINISTER?

I note that a video where Mr Donald Low gave a talk at a forum organised by the FOSG (Future of Singapore) was removed this morning. Mr Low had spoken about Singapore's economic growth model. This comes at a time when the LKYSPP academic had a run-in with Mr K Shanmugam and had to apologise. The strange thing is that Low's talk had nothing to do with the Shanmugam problem (it took place on 18 March). It was a legitimate discussion of what confronts our economy and our nation. Yet, it was removed.

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ECONOMIST DONALD LOW EXPLAINS PAP’S WATER PRICE HIKE BETTER THAN THE PAP, THINKS S’POREANS WILL ACCEPT PRICE INCREASE

I think Singaporeans would accept the water price increase if they understood the concept of long-run marginal cost. So here's my economics 101 effort at explaining it. Economists are not impervious to the needs of the poor or disadvantaged. But the way to help them is not to distort prices or to depress prices artificially. Rather it is to provide them direct cash transfers. So when it comes to water pricing, the right approach should be to price water correctly and to help the poor directly through water rebates.

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POST-LKY ERA: THREE REASONS WHY SINGAPOREANS MAY WANT MORE DEMOCRACY

Since quite a few of my friends on Facebook circulated Calvin Cheng’s article on The Independent and Huffington Post, I thought it deserves a response. Cheng’s essential point is that Singapore didn’t trade away political freedoms for social order, or democratic accountability for economic growth. There are at least three elementary mistakes that Cheng makes in his piece that allow for it to be a very useful case study in classes on logic and politics.

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DONALD LOW: S’PORE GOVT’S HOUSING POLICIES HAVE LOST ITS TRUE PURPOSE

Donald Low, the associate dean for research and executive education at the Lee Kuan Yew School of Public Policy wrote an article which was published on the Straits Times on Monday (‘Rethink house price policies’, 17 Nov). In the article, he criticised the government for its misguided home ownership policy of fusing the goal of home ownership with that of asset appreciation.

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Former Ministry of Finance Director Dismisses Forbes Article

There is one argument from the article that is worth highlighting and which I mostly agree with. And that is booms which are led by real estate development and the financial sector are mostly illusory. They create the impression of economic dynamism without creating any real productive capacity in the economy (think back to Bangkok, KL and Jakarta just before the Asian crisis). They also distort and re-direct resources away from productive activities. Real estate and finance are inherently distributive, not creative, activities – they move money and wealth around, but they don’t lead to any productive capacity and technological capabilities for the economy.

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