The “disappearing” Sir Stamford Raffles statue  along along the Singapore River on 29 Dec. When viewed from the suggested vantage point, the Sir Stamford Raffles statue looks like it’s disappearing, as it blends into the surrounding skyline. This is the result of an optical illusion created by strategic paintwork adhered over the polymarble surface. The trick-eye effect was created by local artist Teng Kai Wei, who specialises in public sculptures. Photo: Najeer Yusof/TODAY

Job ID: 20181229_NY_ disappearing sir stamford statue

Why removing the statue of Sir Stamford Raffles is a bad idea

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Did the Lockdown Save Lives?

Economics

Why Be Sceptical of Big Government?

Sometime back, I spoke in a talk about the politics & economics of climate change. When I brought up the dishonesty of Climategate (surprisingly, only 1 out of an audience of 30-40 heard of it), the impression that some got was that I was attempting a broad-sweeping smear of the progressive environmentalist agenda by the bad practices of a few scientists.
Economics

A Historical Impact of the Internet on Democracy

There is no rest for the Big Tech corporations of today. A growing animosity toward Google, Facebook, Apple and Amazon has gained mainstream traction, seen by increasingly louder calls by activists and politicians from across the political spectrum to regulate tech markets.
Art

A Peculiar History of Coffee And Sex

New technologies and inventions are often met by the public with great distrust. It's not hard to see why. Humans have a natural propensity to fear treading new and unknown terrain.
Philosophy

Income Inequality and Luck

In January 2018 the very famous Oprah Winfrey received the very prestigious Cecil B. DeMille Award at the Golden Globes. To a standing ovation of who-is-who she gave a rousing speech.
Economics

Can Markets Bring Relief From Disasters?

As hurricanes have hit the US, a debate has been raging over the role of markets and governments in disaster prevention and post-disaster relief.
Economics

What About Monopolies?

One of the main criticisms levelled against the free market is the concept of market dominance, or market power.
Economics

Lee Kuan Yew liked Fredrich Hayek. Do you?

Former Prime Minister and Founding Father of Singapore Lee Kuan Yew, we can all agree, was an intelligent, well-read man who saw Singapore through its turbulent years. It would be interesting to explore some of his intellectual influences and whether they hold any relevance for us today.
Economics

Why Lee Hsien Loong Is Absolutely Right On Inequality

Income and wealth inequality is recognised as a big problem around the world today. It is perceived to have contributed to the backlash against globalisation in Western countries, the rise of populism amongst the electorate.
Economics

In Response to Donald Low

Donald Low responded to my piece from yesterday. In his response, he now concedes that the concept of market failures is given coverage in introductory econ classes.

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