Business & Economics Perspective Blogger

Inspirational Quotes Back when I was in high school, I often felt I "never lived up" to the "legacy" of my family. It's an often bad habit by boomers to put their children under their shadow, brag about how "great" they are, and even talk and talk about the "good old days". Newsflash! An old man had something that would offend boomers. This old man is former Malaysian Prime Minister  Mahathir Mohamad . To avoid the Duterte vs. Aquino dichotomy--I often put the late Benigno Simeon "Noynoy" C. Aquino III under scrutiny. More likely, put the presidential system under scrutiny! I'll admit Noynoy had his ups, but he too had his downs.  Now, for Mahathir's words that reflect on how surprisingly updated this old man is, compared to stubborn boomers: He said education today was not only about learning history or literature, but more about learning new sciences that are revolutionising the world. “ Even business is now affected by ne...

Foreign Trade University A few days ago, I wrote about Kabataan Partylist needing to learn economics from the Ho Chi Minh Communist Youth Union . Otherwise, I'll continue using Vietnam Youth Union for convenience. Speaking of which, the Foreign Trade University in Vietnam is actually a government-owned university (read here ). For this post, I decided to expand on a point, saying that Kabataan Partylist needs to learn from the Vietnam Youth Union on entrepreneurship . I pretty get jealous of the Vietnam Youth Union members with their practical early immersion.  The  National Defence Journal   of Vietnam gives out this important detail of the Vietnam Youth Union:  Fifth, enhancing the support of young intellectuals to get access to opportunities of work, research, develop ideas, products, and start-up to legitimately enrich themselves, the community and the country. Support the implementation of startup ideas and projects of young intellectuals in practice, making pra...

High School Philippine History Movement Yes, Carlos P. Garcia made his most important contribution to the Philippines--he died! It's sickening how schools condition students to believe in Pinoy Pride Economics aka the Filipino First Policy. If we're to talk about it, some people say, "Oh the Filipino First Policy is so good!" However, if I were to really address it, the Filipino First Policy advocates' list of favorite sources are: The statements of any framers of the 1987 Constitution of the Philippines. They are put at high regard . For example, an old man I met say, "I will not believe anything if it's not from the framers, concerning the Philippine constitution."  Faulty DepEd textbooks that are already notoriously known for factual error , even today! The statement of any priest from the Catholic Bishops' Conference of the Philippines (CBCP). For example, cite the words of Archbishop Socrates Villegas. Garcia is still hailed as a hero and bu...

Here's an AI art I found on Facebook. The illustration above shows some entrepreneurs eating. Meanwhile, there's a poor family that's proudly dressed in rags. There are proud people and humble people in all types of social classes . If you can have an ugly vain person, then you can have a proud poor person. The poor family displays their arrogance by holding their heads up high, in pride, in a place they couldn't afford . In fact, you may even discover some people are poor, not because they're poor, but because of their pride. Some people either become poor or stay poor in spending stuff that they don't really need, to impress people they don't even like!  The picture that I showed above the first paragraph may represent the Philippines (but also Venezuela, Cuba, and North Korea) vs. the developed countries. The poor family members have no regard that they're bringing in their dirt into a fancy restaurant. The restaurant doesn't need to be first clas...

I would say it as it is that this impeachment process is potentially a waste of time. That's why I've been an advocate for the Philippines to go for the parliamentary form of government. If we were in a parliamentary system, Vice President Sara Duterte-Carpio would've been subjected to a vote of no confidence . In short, if Sara loses, she loses  and she would need to step down.  Moving on, I recently read that the Makati Business Club said delaying Sara's impeachment trial, could turn off political investors . Some time ago, someone even said that nobody would want to invest in the Philippines, because of a political dynasty. Please, don't tell me that the late former president Benigno Simeon "Noynoy" C. Aquino wasn't part of a political dynasty! We blame everything except the nonsense 60-40 restrictions! We blame it solely on government corruption, never mind that the 60-40 policy is also something loved by corrupt politicians !  The Makati Business ...

Back in 2022, I wrote an essay describing the obsession with ayuda . It's crazy how the Makabayan bloc composed of groups like Bayan Muna, Gabriela, and Kabataan Partylist, are obsessed with ayuda . It's utterly hypocritical to complain about spending PHP 10,000.00 (or more) to amend the constitution from its defects. However, they have no problem giving PHP 10,000.00 ayuda (proposed) to lazy people who do nothing all day. It's one thing to give people with disability (PWDs) their ayuda. It's another thing to give ayuda for people who are  still capable of working. 4Ps is supposed to be a conditional cash transfer program . People are supposed to do what's required, or they don't get the cash to be given. Anybody wasting their money are to be removed from the program.  The problem with several anti-reform people (such as those who belong to the Makabayan bloc) is they may have a beggar mentality . They would demand for wage increase (never mind that wage increas...

High School Philippine History Movement Yes, you read it right! I found a hidden gem that I should've read years ago! It's the book Nationalist Economics by the late Alejandro Lichauco, who is part of the magnificent IBON Foundation. It's a shame I refused to read it. I should've read Lichauco's book instead of the late Lee Kuan Yew's book From Third World to First . What a shame that I didn't look into the details that LKY was a dictator, that Flor Contemplacion was indeed innocent, and that Singapore is a state comparable to Nazi Germany. As I bought my copy of Nationalist Economics from the Trust Me Bro School of Economics--I'm now convinced that the Filipino First Policy caused us to succeed! LKY ruled Singapore for 31 years, meaning it's a frightening thing indeed! Six years is the magic number ot establish a benevolent rule!  Who should we all listen to? Should we listen to foreigners or should we listen to our fellow Filipino? We must think st...

I found this meme on Facebook. Fortunately, there's already an attribution on the picture. In my case, I prefer to say, "Continuous improvement is better than expecting sudden perfection." It's because perfectionism is lethal, and we're all but human beings. As the midterm elections come in, there are still people who may either be (1) reminiscing that "perfect leader" (ex. Ferdinand E. Marcos Sr., Benigno Simeon C. Aquino III, Rodrigo Roa Duterte, etc.) or (2) still expecting the perfect leader.  It's sad some people still believe in the old lie repeated all over again, "It's not the system that's the problem. It's the people that's the problem." They still wait for this "grand glorious leader". That's why I often joke on Facebook saying, "Why don't you create this perfect leader so I too may follow him to victory!" Of course, there's no perfect leader, and trying to genetically engineer that...