Business & Economics Perspective Blogger

I was planning to write sparingly, as sparingly as possible. More is less in blogging, right? However, I decided to write about this because I'm reading several Facebook comments on the Philippine Star Facebook page . Isn't it amazing how the education system of the Philippines is so bad? I've heard DepEd textbooks have never improved  until today. Filipino First Policy still good? People still insist that equity restrictions embedded within the "holy and infallible" 1987 Constitution of the Philippines, are for security reasons (read here )? It's just plain stupid if you ask me!  This is an excerpt from the same article on the Philippine Star : MANILA, Philippines — Unlike Thailand, Malaysia and other regional peers, the Philippines lacks the fiscal capacity to provide government subsidies to shield Filipinos from rising electricity costs . “It’s not possible. The subsidy comes from the Universal Charge for Missionary Electrification (UCME),” Energy Undersecr...

It's October 2024 and I had no topic to write about a few days ago. Today, I decided to write about how using personal attacks is a common tactic . The use of Ad Hominems or personal attacks is attacking the person instead of the argument. Such people don't care if they contradict themselves--as long as they can insult because they're losers . One of the things I noticed is how I discuss the laws of economics. However, I can get an answer like, "Muh supply and demand! Da conspiracy of supply and demand!" I purposely misspelled the words to show how the person's lack of knowledge and use of mockery. Such persons can repeatedly hurl insults like saying I'm stupid, room temperature IQ, fake IQ, traitor to my fellow Filipino, etc. The list can go on and it's both amusing and irritating to recall every bit of insult I've had. But as advised, I'm told to learn to ignore insults  or laugh at them. An anonymous quote, probably said by Socrates was, ...

As the talk about economic charter change continues, I would like to point to the claim by Rep. France Castro of the ACT Partylist . Her claim says economic charter change or econ cha-cha will allegedly worsen inflation. What's the point with Castro? I will share this excerpt from The Inquirer : The IBON Foundation has rightly pointed out that if foreigners dominate our educational institutions, media, utilities, and other essential needs such as food, energy, and resources, it will not only infringe upon our fundamental rights but also jeopardize our ability to ensure our own interests are protected,” Castro said. She also stressed that the cost of living is already high , even without foreign dominance in the economy. The public should also be wary of pro-big business and pro-foreign policies such as privatization, deregulation, and liberalization, which, according to Castro, burden poor Filipino consumers . “We also cannot overlook the potential consequences of foreign goods an...

Philippine Star Christmas is just in a few days, right? I'm reading Facebook comments about the ongoing inflation. There are those so-called thought leaders like Silent No More PH that have been putting, "Merry Christmas" while addressing inflation. It's no secret that the prices of noche buena (Christmas dinner) items have been increasing. There are a lot of virtue signals on Facebook which makes me wonder, "Do they realize that inflation has many factors ?" Do those whiners realize that prices in the grocery are more expensive than if you bought in the public market? I feel that those people complaining over social media about price inflation may have felt the need to make their Christmas celebrations lavish or it ain't Christmas. I could remember how prices soared after the Odette disaster. The simple answer is all on supply and demand . The prices of distilled water increased. The prices of vegetables increased. The storm destroyed a good supply of i...

I really must laugh and cringe at the stupidity of so-called thought leaders on Facebook. I did name some of them such as Silent No More PH. From a photo of whipped cream to red onions (above). The photos were taken at a mall grocery . I even wonder if the people of Silent No More PH (and since when were they ever silent) ever bother to do a simple supply chain analysis . That's why I wrote an article where I addressed if social media gossipers even know anything about supply chain analysis (read here ). It would be idiotic to go to a shopping mall and expect public market (palengke in Tagalog) price levels.  It's because we have this simple supply chain analysis to think about public markets vs. malls  ScienceDirect.com Just think about how the supply chain goes. So, let's think about the suppliers of raw materials. Let's think about one of the unavoidable problems of the gasoline price increase. How many times do I need to tell people that the prices of gasoline are a...

It's really funny (and frustrating) to see all the posts on Facebook concerning inflation. "Thought leader" page Silent No More Philippines is just one of them. I couldn't help but laugh (and cringe) when they started complaining about the prices of goods increasing. Unfortunately, that page is only known for complaining since the reign of former Philippine president, Rodrigo R. Duterte and the recent reign of Philippine President Ferdinand R. Marcos Jr. Once again, I'd like to state that I didn't vote for Marcos Jr. The problem with that page isn't their criticism. The problem is that the page hardly displays solutions. In fact, recent posts that they have complained about inflation and the increase in price of Jollibee fast food makes me ask, "Do they know a thing about supply chain management ?" That's why I really refuse to take advice from social media gossipers, especially in matters about economics (read here ). ScienceDirect.com I dec...