Shaun T. Dy's Business & Economics Perspective Blog

Two years ago, I wrote an entry about why discussing economics with an overspender is frustrating . Now, I was looking at certain fat people who say really dumb things about economics. Just recently, I was looking at a certain fat idiot (fortunately, he only has 1K+ followers) who posted on Facebook that not only will the parliamentary system cause the Philippines to become a dictatorship, but he also says that changing economic provisions will cause the Philippines to collapse and the country to fall into the hands of foreigners. I won't name the person out to avoid getting personal. However, the person is apparently very fat and he blames capitalism day in and day out. The person even says that businessmen do nothing and it's the employers that do everything. Has that fat slob ever heard that businesses are run by bosses and that if the bosses do screw up, they're the ones who are the most answerable? The employees are the cogs and the boss runs the cogs. I was looking at

There's the statement that  some  honor students didn't do well later in life. I don't blame  their  being honor students as to why they failed in  real life .  The late John Gokongwei graduated as an honor student . Just reading this can explain why some honor students are still doing well in real life:  Mr. John didn’t resume his studies until nearly five decades later. By then, he had already founded JG Summit, built his business empire, and made a name for himself in various industries.  Despite his success, he still went back to school and proved that learning truly is a lifelong process .  Apart from pursuing a master’s degree in business administration from De La Salle University, Mr. John also completed a 14-week Advanced Management Course at Harvard University.  “ It took me four years since I was a working student. When I got my diploma, it was one of the proudest moments of my life, ” he previously shared during his alma mater’s Grand Reunion for Alumni Champions

  With EDSA 37 on the way, I'm afraid some people still use EDSA 1986 to oppose constitutional reform. Never mind the very facts that the late Benigno Simeon A. Aquino Jr. aka Ninoy Aquino, had blasted out that the first Marcos Administration wasn't even a parliament. The late Salvador Laurel challenged the legitimacy of the late Ferdinand E. Marcos Sr.'s position as either president or prime minister in Japan --a real parliamentary country. Some people may be using Rappler to fight any attempt to even improve the Philippine constitution. Never mind that the Philippine constitution is the very system that dictates how people from top to bottom, will behave. For example, if the constitution says you can't marry without parents' consent or can't marry at all if you're below a certain age, that prohibition restricts the person from marrying. This interview from Rappler ran by Ayee Macaraig has an interview with a person who Filipinos should listen to instead o

It's very easy to have the student-to-teacher dichotomy. The picture above shows the different attitudes. Back then, it was the norm for parents and teachers to be cooperative in assessing why their child's grades were bad. However, as time goes by, more parents tend to dote on their children too much, to the point they refuse to cooperate with the teacher. As somebody who did have problems with grades in high school --I often loathed myself after I failed to achieve my childhood ambition of becoming the world's greatest genius. I think the picture above is but a short glimpse of a bigger reality. More often, we just look at the problem between the teacher and the student.  What we don't see is the problem of the education system. It's very easy to say, "It's just common sense that it's the one who runs the system, not the system, that's the problem!" Never mind that this is how a system is defined according to the Collins Dictionary : A system