income inequality

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. The video of that rousing speech went around the world and created another standing – virtual – ovation. Let’s face it. It was a…
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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. The World Economic Forum identifies rising inequality as a big threat against the world economy. In Singapore, there is a growing chorus of economists…
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