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


Did the Lockdown Save Lives?


Econ 101 Does Not Only Justify Free Market Policies

In a recent Straits Times article, Benjamin Goh and Donald Low warned readers against the use of simplified economic theory in informing public policy.

The Myth of Chinese Privilege Racism in Singapore

The Straits Times reported on Tuesday (29 Jan) that ‘race activist’ Sangeetha Thanapal was being investigated by the police for a Facebook post upon her return to Singapore this year.

Political Freedom, Without Economic Freedom, Does Not Bring Growth

One of the most enduring questions in economics is what causes economies to grow. The full title of Adam Smith’s well-known treatise, An Inquiry into the Nature and Causes of the Wealth of Nations, published in 1776, clearly shows that the causes of prosperity were Smith’s primary concern.

What America Could Learn from Singapore’s Social Welfare System

A common libertarian view when it comes to welfare is that the role of the state should simply be restricted to providing a safety net.

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.

The Reconstruction of the Liberal Project

Prof. Peter Boettke argues for a reconstruction of the liberal project.

Stop Conflating Inequality With Poverty

The problem of inequality has often been considered to be one of the biggest social problems of our generation. Widespread concern about the great disparities of income and wealth have fueled anti-globalisation sentiments all around the world, and threaten to undermine the advances in trade, investment, and immigration we have seen.

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.

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.

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