Donovan Choy

Nudging: Should We Be Wary of the Latest Fad in Behavioural Economics?

Behavioural economics has gained plenty of traction in the past few decades. The concept of ‘nudging’—popularised in the 2008 bestselling book Nudge: Improving Decisions about Health, Wealth and Happiness by Richard Thaler and Cass Sunstein—is well known in the political sphere and even to non-economic students. With Thaler being awarded the 2017 Nobel Prize in Economics and Sunstein…
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Singapore’s Greatest Resources Are Location and Liberty

Singapore is rightly heralded as a beacon of economic success and one of the freest economies in the world today, placing near the top of economic freedom indexes. Sizing up to only about two-thirds of New York City, the country is but a speck on the world map. Casually referred to as a ‘Little Red…
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Is Singapore a Libertarian Paradise?

Singapore is a young country, having only gained independence from the British in 1965. Since then, the country has been ruled solely by the People’s Action Party (PAP), headed by the revered statesman Lee Kuan Yew who is often credited as the “founding father” of Singapore. He passed away at the age of 91 in…
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