Legalizing abortion: A pyrrhic victory

No one, except perhaps some criminals, is fond of crimes. Thus, we create many mechanisms to solve them. Steven Levitt, a famous neo-classical economist, has postulated that the crime rate can be lowered by legalizing abortion because legalization would enable women who fear their children will not have a good life to abort their foetuses. Levitt attributes a decrease in teen delinquency (illegal abortions by pregnant teens) in the 1990s to the fact that abortion rates increased in the 70s.

The rise in rice price: who is gaining this benefit?

Now at this time we find most food and product prices to be on the rise, including rice prices, which are usually low in the market. Though the rice price rise can be viewed as a benefit contribution to farmers, we are arguing if this is real.

Policy coordination to attack the inflation problem

Due to present sky-high oil prices, all countries are in double jeopardy; not only do they face slowing economic growth, but there will also be a significant increase in their consumer price index, the so-called inflation.

Is it Time to Invest in Environmental Mega-Projects?

Right now, tourists can see changes all over the city of Beijing. Previously plagued with environmental pollution problems, Beijing has taken on a new look with improved atmospheric freshness. Today, in preparation for the upcoming 2008 Olympic Games, China’s government aims for an all-out impression on the world by dealing with environmental problems that have been ignored for many years. One sad realization is, however, that if not for China hosting the 2008 Olympics, this environmental management would not be happening.

Is it Time to Invest in Environmental Mega-Projects?

Right now, tourists can see changes all over the city of Beijing. Previously plagued with environmental pollution problems, Beijing has taken on a new look with improved atmospheric freshness. Today, in preparation for the upcoming 2008 Olympic Games, China’s government aims for an all-out impression on the world by dealing with environmental problems that have been ignored for many years. One sad realization is, however, that if not for China hosting the 2008 Olympics, this environmental management would not be happening.

Economic stimulus package : Tax cuts, populism ,or Negative Tax?

There is one political truth that a government may have many macroeconomic goals to monitor, yet will still wish as rapid economic growth to take place as possible.

Public TV in Thailand

The rising popularity of the Thai Public Broadcasting Service (TPBS) opens our eyes to new possibilities for television broadcasting in Thailand. This station was established so all groups of people can participate.