Good/Bad Leaders Are Criticised All Alike

Economic conditions and policies affect everyone. I wonder why not everyone takes economics in their studies. And since most of us do not study economics, why are there so many who are so ready to comment on the economic affairs and criticise the policies? Don't they have a single bit of worrisome that their rants turn out to be untrue and superficial, that in the process they reveal merely a deficiency of understanding? Perhaps the usual large camp of vociferous peers at their side helps assuage this insecurity.

The only answer one could surmise is most people see economics as a simple discipline. Even a postdoctoral study in it would bring us where common sense would lead us to. But the truth is "economics is a difficult and technical subject but nobody will believe it", quoted from J.M. Keynes. We can imagine how thankless the job and how hard the position is for a well-informed and well-intentioned government. For any unfavourable announcement, the public almost always does not want to listen and does not believe in the government's explanations, but wants to make noises that are non sequitur (to an expert). Paul Krugman, for long in his writings, has been attempting "to explode some plausible-sounding idea that happens to be false or to promote some implausible, disturbing idea that happens to be true", and in the end has managed to make enemies. I remember reading about the uproar he ignited by answering "none" to a question about North American Free Trade Agreement's effect on the US employment.

My point is, economic conclusions can be counter-intuitive. The most commonly cited would be Ricardo's Comparative Advantage. On this, Krugman wrote a long essay explaining why many smart people don't understand it and are not ashamed of their failure.

"Like any scientific concept it is actually part of a dense web of linked ideas. A trained economist looks at the simple Ricardian model and sees a story that can be told in a few minutes; but in fact to tell that story so quickly one must presume that one's audience understands a number of other stories... and you continually find yourself obliged to backtrack, realizing that yet another proposition you thought was obvious actually isn't."

So, good leaders are criticised for policies that look "stupid and suicidal" (i.e. for how they go about running the economy), which the public does not approve of. Bad leaders are criticised for unsatisfactory economic outcomes, which the public also does not approve of.

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PS: I am not saying that it is wrong for the public to make noise. But it is tricky when the rabble-rousers do not really know what they are noising about. Any sensible explanation is rendered useless at such moment. Emotional hightide overwhelms the most basic logic. I presume, in the first place, we vote for leaders whom we believe could lead the country, not for their ability to follow the crowd in areas that require expertise e.g. economic planning, foreign policy, law, intelligence and security matters. Thus the proper stance in facing dubious policies should be of questioning, not of teaching the experts. Likewise, an enlightened government would conduct consultations with the professionals from their respective fields before the release of a policy, e.g. Singapore and Hong Kong.

......................................................

Excerpts from Poypips's Comment, on Time Horizon:

"when someone does good which has negative short-term effects for greater benefits in the future, people start filling the streets shouting... people do have tendencies to be short-sighted... When a doctor tells you to undergo surgery, you don't tell him 'Go to hell, surgery hurts. Give me a treatment that I'll enjoy.' "

That's right. One of the problems in making economics clear to people is time horizon. We see, hear and feel the immediate short-term pain. Any long-term gain is unbeknownst to us. And we tend to say the economists live in their theoretical world, when in fact they are the ones who see the "real" reality. Economics does not promise instant wealth, but ensures that seeds of success are sown. That's why a well-informed and well-intentioned government is treading on eggs. They have a hard task ahead on persuasion. An irresponsible politician would just pick the easier path by pleasing voters now, at the expense of society's future well-being -- injecting sweet poison instead of bitter pill.

Comments

[Dindo]

thats right, humans dont have contentment

[sagad]

nice!excellent!

[Mc Harold]

sometimes, those "noises" are all backed up by genuine scholarly arguments. for example, here in the Philippines, students of the university of the Philippines are called "destabilizers" and whatnot by the current administration just because they go to the streets and cry out their protests. these students of course know economics and they sure very well understood that the administration twists the truth and use economics to present their policies beneficial. one instance, the government claims the credit for the growth in our country's GNP when in fact,the OFWs are the ones to have those credits. What the government did was only to encourage our countrymen to go abroad to be the best maids and caregivers.. also, the government claims that poverty in the country was lessened but they did not cite the survey of SWS that in fact, poverty in the country rose by some percentage.. they also claim greater GDP growth compared to the previous administrations but they do not tell the people that the said GDP growth has a percentage of error large enough to give the possibility of having a lesser GDP growth. all i can say is that we cannot easily conclude that the comments against the government's economic policies - although these are sometimes backed by twisted explanations using theories of Economics, are just mere noise without even trying to weigh their points and opinions.

['Adreee']

I share the same idea with you, and trying hard to deeply understand any argument that I'd like to deliver especially concerning Indonesian's economic policy.
Agree to a very lengthy extent that Economics is such a complicated subject for us to deal with. Even after I graduated from the faculty which teach about economic, I still found many economics issues were hard to be answered by any single solutions, and believe that such simple solutions have never been a solution at all.
thanks for the good article, inspiring... ^^

[Belle]

nice, interesting...

[Jeaneth]

hello friend,how r u?i hope u r also fine,u know i am jeaneth labong i live in catbalogan samar philippines.i am a single,23 year old now.i already graducation college.my course is teacher...i hope u like a firends..if u have a friendster.my email add:Nethcool_f@yahoo.com and my frindster is Nethcool_f@yahoo.com thanks God bless u...

[Masrum]

hai.... gay!! hou do you do sroy I'm open new my have frinster thank your join me

[Masrum]

I'm can't speak inggris i'm sory with you

[-Jojo the Just-]

Good

[Amz]

a good one!!!

[Brian]

The funny thing some nay-sayers, or "rabble-rousers" as you kindly word it, are really just ignorants who are following the trend. And some are just fresh out from school or even still in school.

My take is there are glaring differences between textbook theory & actual condition. Most nay-sayers who would scream at the first moment are usually the ones who know little or lacking the intimate intricacies of the actual working model.

But then again, you're right, for every decision (especially at government level) there are always pro and con parties.

What can I say? Everything today is intertwined with politics. If governmental bodies could make decision without having to consider the political repercussions, we would probably have better and sound decisions... what a world eh?

[Leslie]

man is insatiable really,,

[nina]

hi friend how are you... i hope your ok take care ..

[DeGeneration X]

all i can say is that your blog is so very touching and wonderful to read for me, its because i'm majoring in economics. i'm current in 2nd year right now. i admire you, the way u explain other people what is economics all about. many students just taken forgranted economics, but the way economist thinks makes them a very creative persons, the way they plan for the develop of the country. I SALUTE YOU MY FRIEND! I'm jake of davao city, philippines. you can email me at plexus_227@yahoo.com thanks for supporting economics.

[Arifjoe]

Keep up updating ur blogs . See, hear and feel 2 wut we can , not just 2 wut we want :) Eploring Possibilities ..

[aluisia]

smart!
finally, someone spoke this thing...haha...

[Richmond]

To the guy named Mc Harold;

i AM A FILIPINO TOO..

i read this blog written by a University of the Philippine student and I think you two have the same ideas.

http://www.bikoy.net/archives/2006/11/13/still-no-to-tuition-increases/

[NIRASH]

Friends,
Thanks much for posting and mailing constantly though I was out of the sight/site for a while.
Thanks

[PrexyleeKhrisna]

what a very realistic and very intelligent post you got right there! its true, you know here in the philippines, people keep on rallying and making noise on the streets asking for the president to come down from her position. tsk... people here should think twice before they act. they just making things worse and not making it any better.

really love your post.

[James]

Hi,

Your last blog entry caught my eye, and as a result I'm reading your new entry as well. I applaud you for the fact that you say directly what you feel and believe, and I can sense you sincerely support these ideas, and these are important issues. I also find it funny that I can tell, although never meeting you, that we are on opposite ends of the spectrum. However, I'm sure your intentions are good.

For your opening point, I have to quote Dylan in that it doesn't take a weatherman to know which way the wind blows. Economics can be very complex, but it can be simple too in certain areas. In some areas of study/execution, people tend to confuse the issue with jargon, excessive analysis. At the end of the day, common sense can often prevail.

Having said that, yes, people who have no idea what they're talking about should not just regurgitate sound bites. You must at least know the issue and some of its context to comment intelligently. At the same time, it doesn't mean that you need to be a scholar or even "study" it. Politics is important, not everybody studies it. Human relationships are important, not everybody studies it. Environment is critically important not everybody studies it. Health is important, not everybody is a doctor. But that does not mean we can't run our mouths and criticize a doctor if they screw up! You don't need to have a degree in medicine or brain surgery to tell if a surgeon leaves a sponge in a body cavity or if a patient gets worse after prescribed medicine. But that is exactly what the authorities (gov't) and elites want people to do. It's back to feudalism. To all the poor and repressed masses, you don't know about what's good for everyone so just be quiet and keep laboring for us.

Secondly, studying of a topic does not even remotely suggest ability to create intelligent discussion. Many economic "scholars" spout nonsense all the time, and loudly as well. Take a quick search through some of Amazon's best sellers on economics for proof.

I completely agree though that criticism can be good, but only when those criticizing have done their due diligence on the topic, otherwise any conversation and conclusion would often be meaningless. And yes, questioning the elected is important (would not call them "experts"), but let's face it, many need to be teached. Just because they hold public office does not make them an expert and exempt from learning.

To comment on "enlightened" government. I fail to see how any person can substantiate a claim of any government being enlightened. These types of words carry connotation that is harmful, untrue, and completely subjective. Yes, gov't sometimes consult professionals in certain fields before decisions, but these professionals often have their own agendas anyway (who determines which professionals to consult? I'm sure the Bush administration would look to the "experts" from Haliburton). The more important step would be to consult those that are actually affected by the policy, not those who study it.

Lastly, economics as an academic topic should be relegated to scholars and those who have studied it extensively - I completely agree. There's no point for example to have a banker discuss with a surgeon on how to do a bypass.

But in your context, you are discussing economics as in how it impacts society. It does not take an economist to logically and reasonably comment or criticize on policies and economics - the results say it all. You can explain away as much as you want, but the worker making cars for people they will never see at below minimum wage does not need to know economics to know their government is giving them a raw deal in the free trade agreement.

Offering a solution on the other hand is a different thing. These "rabble" and "noises" should tell those that do have the knowledge and influence to make a change that the current system is faulty, rather than to hide behind invented jargon and academic firewalls.

[' 'Gerry' ']

Well said James. The problem with some people, especially elitists, is that they unwittingly believe that they are 'THE' centers of the universe and expect everyone else to gravitate towards their conceited (MIS)-conceptions and "follow or be purged" attitudes. What our friend "Adolf" fails to realize is that the universe of ideas (like the universe itslef) is infinite... and that a single point stretches out into infinity and, in that sense, all points may be considered as the center, i.e., there isn't 'THE' center.

[Anas da pharoah]

Peace be Upon U all
I am amazed to see this topic being discussed on friendster and hope to see more of these controversial topics in the future…….I am as well impressed by what JAMES has posted above as he was being logical in what he said.
Anyways… It should be know that without the so called "rabble" and "noises" people make societies would never develop……people have to stand up for their rulers and stop them when they are doing wrong ,,,,because if that isn't done….then rulers will start to do whatever they want and the civilization or the community would decline and would never develop…….Economis…. just like it's friend "politics" are games being played by the Authority and they have full control of whether to play it clean or dirty…whether to plan properly or just take actions…. And we "the society" do have knowledge about both of the fields and it is our duty to stand up for our rights and the rights of the society…. So the so called "barrels" and "noises" are at the end very important and a main factor in the rise of a Civilizations and Societies….and History has proven this right! And to be frank ……all people go to universities and usually read the news and have a pretty good background and a good Idea about what is happening now a days …..so …..they are not ignorant enough not to know what is happening or not to know what is good and what is bad for them ….they know very well what is happening around them and are qualified to take actions and Make some "Noise" to fix whatever is bad within their own societies.

[The Pink]

I do agree with your assertions. In fact I have a personal experience with regards to some people's ignorance with the nitty-gritty of economics. I really cannot blame them for being such because this problem really is anchored on poor educational attainment or, for that matter, unsatisfactory acquisition of knowledge.

But I am still wondering why so many intellectuals fail to understand the dynamics of economics.

[helder owen]

YoUr ArTicLe waS nIce But I sTrOngLy beLieve tHaT
"eMpTy stOmaCh maKeS LoUd NoiSe"

[Marjorie]

well done JAMES. can't put it any better.

['Arrie Vincent']

Let me first compliment you. You speak in a harsh tongue. Your point of views are realistic. Real enough that common people would find it hard to appreciate. And for that I applaud you.

I agree with your article. Economics indeed is as complex as biology so to speak. It is a field that requires us to be critical thinkers. And it never ceases to amaze me that with economics being so crucial and complex, many people seem to stand up and throw arguments. People seem to have something to say, as if they understand the issue very well. They always have something to say every time an issue comes up. But come to think of it, these people never really understand the subject matter as it is being presented to them. Say for example, in the Philippine setting. Every time the value of peso in the market changes, automatic the exchange of goods and services is directly affected. The people seem to consider themselves critics in this field. Therefore it gives them the prerogative to throw judgments on the leaders, more specifically the president. Not realizing that there knowledge for that matter comprises only the superficial. I’m not saying that the people don’t know anything about economics. What I’m pointing out is that they deliberately throw side comments without even weighing things out for a moment. They have to first look beyond the superficial for them to understand the whole context. But no, instead of doing that, they prefer bringing the issue to the streets and organize a so-called “rally” asking the president to step out from the office. “Parody” as what I label it. Someone should step up and put a stop to this trend. Every time some thing happens to the condition of the state the people always have someone to blame. They should be aware that the leaders are not the only one’s that are to act to uplift the state. It is a hand in hand job with both the government and the people to act upon our objective. As the song goes “together we stand, divided we fall”…

[DAVE]

nice.........

[jamie]

"I wonder why not EVERYONE takes economics in their studies." -from your blog.

the fact, and the sad truth is, not everyone has access to learning. we are all human beings---material beings---(though not to the level where i would agree with the concept of man being homo oeconomicus). and i agree with what seems your point of utmost importance and relevance (in our lives) of studying economics. Economics is not separated with everyday life, it is not just a discourse but an aspect of man's existence. But not all are privileged like you, and me, and many others to be formally educated. i came from the philippines, and for a developing country like us, one can't possibly expect poor people to learn economics so that they can rant about the economic condition, blah blah blah. They comment based on their own experiences, and how they see things through their own lenses... not through the lenses of the economic principles grounded from ricardo's or smith's or keynes' theories.

just my thought though.

[Jeng]

everything is literally a cycle. the cycle does not give a damn if there will be deaths or not, as long as we are human, we are vulnerable to either chaotic idealism or peaceful overcontrolism principles of living each single day.

[N-Newtype]

I doubt actually taking up economy helps matters. After all there are even economic students who feel they know much more than what is it they are given at present.

Since 'understanding' and 'knowing' just doesn't cut it (as both are subjective especially when it comes to different individuals), I suppose the only way of goin about it is to see those who try to make a difference the right way, compared to those who just talk but no go.

I believe if people could find a reasoning to things, regardless if they actually agreed or not upon it, it;ll actually help matters much more. That combine with the proper amount of actions. Some may say "We tried" but then again, not many actually make a proper statement aside from raising more questions than answers and solutions.

Since it is impossible for unity standardisation on the matter, reducing its negative effects is the best of it. Now even that isn't that as easy to accomplish I suppose.

[troy]

experts? not anyone of these so called "public servants" are experts!most of them rose in position by cheating or by whatever means inappropriate... so God help them! EVAT was a bad decision, the manifestation of which will be economic depression! In economics, what goes up must come down!!!
Lastly, this is what country needs, people who would heckle such impertinent fools in the government... THAT IS WHAT YOU CALL DEMOCRACY!

[troy]

Do you actually believe that our dear President knows economics?

[troy]

I am referring to Philippine situation by the way

[JuLie AnN]

hi

[Richmond]

Troy,

and some of these "EXPERTS" that we call as Politicians were just there in their post because they are popular. hmmm... The Filipino people has not yet learned from having Joseph Estrada, an actor, as their president. Man he's the dumbest.

And now, people are urging the boxing hero, manny Pacquiao, to lead the same steps.

God bless the Philippines.
sigh...

[Dave]

hi, i went through one of ur blog thingy, looking forward to share with u in those u're specialized it.

btw, i've just added u into my list. have a great day.

[Johanes William]

good

[Man]

Im new at friendster,Im so glad to read this kind of discussion,very interesting.

[joanna rose]

_eilow i jhoanne don't give your love once save 20% for your self okey

[joanna rose]

_eiow i jhoanne don't give your 100% to your love once save at list 20% to your self

[Gp]

I definitely agree with you,man. I'm not against freedom of speech or anything but people should be careful on making comments/reactions with reagrds to government policies (i.e. economic policies). More often its usually those naive/inaccurate reactions made by people who are clueless and pretentious to what the real issue is about that are absorbed by the masses which makes it more sad since instead of having the people support these policies, the opposite happens. Bottomline is every policy both solves problems and creates other problems. that's some sort of how economic equilibrium is achieved. It's just matter of priorities and minimizing the side effects...

[Robert]

Dude, I definitely agree with you. Economic education should not be the reason at the first place!

I guess economics is not such a dificult subjects as everyone can walk pass at least 10 stores, 10 trucks, 10 restaurants, 10 store owners, 10 employees, 10 negotiations a day unless you live in a jungle!

Capitalism feeds growth, Communism feeds corruptors.

Capitalism gives people DREAM.
Saving money in bank = New Business + Jobs.

I guess if you want to live in the 21st century you just got to be "Open Minded". Clean your mind if you want to learn , otherwise DON'T dream at all.

For those unfortunate peoples that does not have enough knowledge, I guess you should:
- Not believe what the MEDIA have to say, it feeds your desruptive envy & hatred which makes your mind eye blurred.
- Have more faith for your goverment
- Demand more education from your goverment, more libraries, etc.
- For GoD sake, believe in those people who gives people job, not those who take your tax money away without giving something back!
- Don't believe in Politicioans!
- Don't ever believe in Politicians! They're evil, they only care for themselves!
- Believe in Successful People who cares for your country, because they've done it, and they know how to do it. For example: Mr. Jusuf Kalla in Indonesia as the Vice President which is the 9th (by Forbes) richest people in Indonesia.

Just passing by to share some knowledge which you will share to others :). Recommendations & positive critics is always welcomed.

~Peace on earth~

[dhazel]

gud job!

[rose]

hi iwant 2 meet you thanks u are my new frend

[Charm]

I must admit that I only studied basic economics, but reading your entry reminded me of my economics class a year ago. That class had drilled some points into my head -- all of them teaching me of the need for me and for everyone else to be open minded when it comes to economic issues, to stop oneself from immediately making an initial comment after being presented the issue, but to instead read and research more about issues when you encounter them.

I have noticed, however, that not all people are fortunate enough to be taught economics, no matter how basic it is. For this, we cannot really blame people if they clamor against certain government policies because they are actually reacting on how they perceive how these policies can affect them (usually in the short term, not in the long term). We must, however, take these people into consideration, as well. Their role in the whole system is to be the devil's advocate, and sometimes to remind us that not all government officials may be doing what is best for the people.

Just a piece of my thought.

[Niki]

Hi.
I want to shed just some simple NEW points: Not everybody likes economics.
It's different for each personality-type! There're those who like/prefer more in arts, than economics. Prefer abstract goals, than materialistic goals.

But when 'common people' protest, it's because they feel the effects of government's economic policy RIGHT-AWAY (short-term) to them, that make them suffer. So we can't really blame them, I mean, if you were in their shoes, I believe you'd also moan & whine, because of the 'sufferings' you have to undergo caused by the economic policy.
For example: the poors who live in the rural villages. Imagine if you're among one of them, who got no CHANCE at all,...other than thinking "what I have to eat tomorrow? while the fuel price keeps HIKING & increasing! what about my wife's medical expenses....sigh......"
Imagine if you're ONE of the poors, would u still have capacity to babble all this 'economy' jargons? Probably not, right.

The sad-BUT-TRUE thing so apparent in reality usually is: the government policy is more directed towards the WEALTHY people, the urban, the Haves (eg: those who live in big metropolitan city), rather than for the Not-Haves, the poor, the needy (eg: those who live in other poor parts of the country).
This is the problem of Indonesian government!
And still not to mention the corrupt politicians, government officials who keep sucking people's money! the money which is earned in a hard-way, just get sucked so easily, without giving back to common people!

This is what sucks about Capitalism, too.

[Yee Ken]

Somehow, everyone sure did have a comment on economics because there's a reaction towards everyone and different economic impact on people in their industry based on those proposed policies. All we studied in economics always made assumptions like homogeneous or we spend what we earned ...etc. Its all simplifying the situation to understand the insights. I don't totally agree that the public should not comment economic issues because I think these response could have been a good indication for economic agents. Other than money, the social and political part of the society is shaping the economy. That's why economics is incorporating with psychology aspect such as taking into account of CEO's expectation when analysing the market. What's more, economics is a very materialistic way of viewing the society. Thus, we cannot expect everyone to be based on only one way of viewing the whole economy of the country. This is just what I thought, not to be offensive of any way.

[josie]

its true!

[zEcHuEn]

I think it's a quite subjective discussion.. It may be interrupted by the political aspect as government is allowed to intervene, as fiscal policies or whatever.. In Singapore, the government policies are relatively much cleaner as compared in other countries. But corruption happens sometimes and government policies are not always reliable. tomorrow exam. discuss next time. lol.

my opinion, there's no right or wrong in econ. Keynes may be the great one, but his opinions were radically revised until today. We just discuss the trends and the time will proves whether the econ knowledges were applied well or not..

[khEeNa kRisNa]

you make sense!

[Aji]

buatin donk

[Halimi]

The ability to 360 degree criticised towards a policy is highly appreciated! But, there is 2 types of criticising. One is criticise before the approval, that is very make sense, second is criticise after running the policy (the 'noise') that is really unappreciated and look stupid!

[Kway Teow Man]

The KTM is extremely impressed with your clarity of thought. :-)

Please keep writing and help to bring some sense to this madness that is called the blogosphere. :-P

[Irene Magpantay]

people will always criticise whenever a new policy is introduced, especially if they know nothing about the said policy...someone once said, in the philippines even if they elect Jesus Christ as president, there would still be people on the streets shouting that He be impeached...you cannot please everyone...even if you did manage to satisfy them, applying the law of diminishing returns in economics, it wouldn't take that long before the satisfaction rating begins to decline..one can only hope for the best when it comes to our leaders and the policies they are making

[BARANGAY]

i just believe that people must start from the basic.. make your family strong and intact as this is the basic structure the holds an institution....rather than any economic policies that is being offered by somebody who has a hidden agenda...have a nice day...god bless

[Allan]

sometimes those noises are the one who dont know what they are saying... they just talk talk and talk... not even understanding the topic they are into...

nice one over there dude ^^

[cruSader]

Good to hear a good citizen, however, you misused some words to make your points convincing. First, you made used of the word EVERYONE, hey! we studied economics too in our high school and college level. Second, you are making excuses of mobocracy, maybe you'll need to study politics clearly so as to learn the whys. Lastly, it is not the government that runs the state, it is the people behind the government. In order to attain all gains you would have to have 100% honest leaders (it would be easy to believe cows can fly than to believe this). But I do agree with some of your points, but you must sharpen the edges first.

[MICHELLE]

dami comment, magbabasa lang ako.........

[MICHELLE]

ahm... tanx,

[Albert]

I salute you!
Excellent education can transform people and society

[Cindy]

i have no comment...pro guyz u knw wat i'm inlove ehehe.....pnaalam ko lng sa buong mundo na mhal na mhal ko c rennel bacani pacheco..mhal na mhal ko cia........pwmizeeeeeeee........
i love you so mch...muaaaahhh

[daisy]

well said!!!!!

[Helen]

hi,guys'thank u ur comment....

[July]

i like the idea. i
suppose you are providing us a notion that we need to comprehend and study such things comprehensively. you think that becoming learned through conversations w/ the experts and w/ phd people plus reading more books concerning its discipline can help make the 'noise' sensable. i wonder why that the noisiest people in my place are those humans seen on tv and animal writers of natl papers who are with good credentials talking economics in its broadest shit sense...another thing, our President in the Phillipines is having a PhD in Economics title...i hope u include her to your article and make a study about our economy.

uhmmmm....i think i need to xcan more about these people brains...ammm hoping those are not cracking.

about those authors whose ideas are mentioned in the article, did u check?

basically...your post is commendable...and another thing im not licensed to give a comment because i wasnt able to make further readings about echo-no-mix.

[Brandon]

Well...

This is very agreeable that many of Us do not study economics and yet we have a large say in this.

The main reason I believe is that many of us think that we are Mr know it all even if we read a little because it is human nature that we don't want to lose out to someone who knows this information, and worse still, if it turns out to be an arguement both parties would not be listening to each others response but rather thinking of what to say back when the other says that point.

And regarding a good leader from a bad... A leaders' job is to be a person of influence, being justful, he would be the person whom everyone respects and wants to be and not been given that "rank" by force.

A leader is a person who serves the people not segregate himself 1 step higher from the rest of the crowd.

[Arie]

Hi, Yi Zheng, it's a good article...^^

In my opinion, it's not easy to be a leader, easpecially a good one,...
you have to consider a lot of aspects,

a good leader is the one who can serve and satisfied the needs of the people, a lot of people, and that is not easy to do.

[richard]

ambot

[al]

I'd raher make many noise than shut my eyes, mouth, and ears to the happenings in the society. It's like in a family, why can't parents let their children say something to contribute in family issues such as financial problem? are children just nuisance? just like people "SHOUTING"?
by the way, why are these people "SHOUTING"?
aaaaaa... I see... they are just plain hungry and their wives and husbands and children are dead or until now not yet found because they were fighting for their family's future...
uhmmm... sad... so sad...
theory can sometimes be very different from reality.

[Tessa]

My take on this is simple. If you are one among the very few who are fortunate enough to understand the principles and technicalities of economics and political policies, then you must use it to HELP the country. HELP/HELPING is a verb. An action word. Noises are mere noises and will do NO HELP. Participate in NGOs, create studies, lobby your theories in the senate. Protesting in the streets is loathed because it does not help solve the country's problems. I, personally, find this means nothing but mere WINING. Wining and complaining don't help at all. If you these UP students really do know and understand economics as they claim, then use it and TAKE ACTION. Please, let's not be ARROGANT, KNOW-IT-ALL, SMARTASSES. Rather, be the Filipino that the country can be proud of.

[joan]

will what can i say ? you know your right other people cant understand what is economics

[Karen]

Hats off to you yi Zheng! I am so glad to know that there are still people who think like you do. What you have said in your entry--that many people have the guts to talk about something they barely know anything of-- is happening here in the Philippines. I find it so pathetic that everyday I get to read comments on the current political and economic situation of our country by people who I bet do not understand what really is happening. Because of this, I am beginning to fully appreciate being an economics major. Somehow it gives me rights to say something on economic matters--unblinded by ignorance of the subject. And to those who posted their comments, you guys made me just as happy.:)

[Iris]

I've never taken economics before but probably will have a chance to do so in my third or fourth sem this coming year (I'm starting my bachelor soon), so I would not comment on what you wrote on the first four para. A lot of what you've said is true, Yi Zheng. Still, I think it comes down to how the governments themselves 'raise' their young - who will be the future 'government' - in the first place. If the young were given the proper space, education and guidance, they would grow up to be 'mature' community members with responsible, healthily independent minds and consequently able to generate more or less fair conclusions or views as well as give valuable comments that will help the government get a grip of what the people really want and what they really need. This will then be a one of the foundations for the government to create policies or fashion its governing ways. To say that people rant about nothing most of the time is quite, shall I say, harsh. There can be no government if there's no people. And much less is an economy. "The music is nothing, if the audience is deaf"...as the saying goes. There must be amutual understanding and agreement between the two. As long as there are government and people, there will always be noises. It is through these noises that some kind of growth or economic momentum can be achieved. If the government had 'raise' community members with responsible, healthily independent minds...I think, there is nothing much to worry. The noises will give way to something constructive.

[Lionel]

Economics is deceptively fascinating. I recommend to anyone new to that very idea to at least check out the book "Freakanomics".

And I agree about the reality of counter-intuitive truths. One of such things that immediately came to my mind was evolution, which some religious people like to pick on so rabidly. It's counter-intuitive because they find it very hard to imagine, especially since it's hard to imagine a million years -- that itself is counter-intuitive! After all, no one has ever experienced, let alone fathom time anywhere near that long. Which is why they also believe that the earth is like just 6000 years old.

By the way, I never imagined that an intelligent Friendster blog exists. (It's so counter-intuitive, haha) I would expect this elsewhere, like blogspot or something. Keep it up dude, even if on Friendster..

[' Hiroki]

This is a very dissapointing article for me, because it gave comments on how the people creates 'noise', how people questions the government policy, the point is the economic policy is not 'just' the reason why the society or the people criticizes their government. Truly economic policies can be an illusion for development.

The point here is we cannot say that 'publics' are just making noise and doesnt know a thing aboour economics. The public isnt stupid, and while the bourgeousie/the dominant class[and majority of law makers and rulers belong in this class] can feel little of inflation, the low budget in education, in housing etc etc. the masses are dying to have these basic needs, those needs are a matter of life and death for them, and in democratic countries, these are part of those rights.

An in terms of economic policies, even if you are not an expert, have a masteral or doctorate in it we can stick to material evidence that the world isnt really sufficient of providing everyones greed, we cannot let everyone to be rich, and a lot of times that those who can provide some of their basic needs(that must have benn all) are a lot of times force to give it up because the dominant or rulling class needs it.

I cannot comment fully because it is to ambigous to argue in an article written out of assumptions made "fact" but what the writer found in books that doesnt see a larger perspective.

Finally it is easy to argue that the government is doing what it have to do. But a lot of people, majority of them children dying in poverty, have no education and 'so much' uncertain future for them. Where is the government where they are working for 'half of their lives' inside some factories/ industries and/ or corporations are paying their taxes. And still they are building economic policies in which people cannot gain or maximized the potentials they have.

and yes you are right!
Foreign policy to be a neocolony, where 1st world countries can trash theyre surplus, hire people for cheap labor and brand new market, Imperialism is inevitable in a capitalist setting and there is no way denying it. Stick with material basis, stop fooling ourselves that the economy is going better, and another yes! for security and intelligence, where are government can spend a lot from killing their 'destabilizers' as they see it? Cant economics see these things, these situations?

[' Hiroki]

and these are just noise?

whose stupid now?

[Dhyani]

couldnt agree more

[sha]

i believe that economy really affects everyone of us. and that is why people always making noises about what they feel is right. studying is not only go to school, collegue and gaining your degree about the discipline.... but the life we go through itself is a stage of learning. we learn a lot everyday but we dont realised about it. i believe that the people we chosed to lead the country are trying so hard to make the best for the country...but hey... we cannot satisfy everyone! people always have things to say whether they satisfy or not.
chow!

[nicole]

I think that people are people. They only want to be heard but they dont know what the cause and effects of the issues that are being upheld.

[jb]

noise may not necessarilly that which can be heard. most of the time, these noise that sometimes irritate us may be music in the making. many events that saved this country from hell (as if today isn't hell for Philippines) started from noise. this comments and the article being commented can be noise to some - at least to those who don't care. the "rabble-rousers" as mr author calls 'em appeal only to their listeners - and yes they have plenty of listeners. basically, my point is, everyone is entitled to make his own noise, because ultimately, most of these noise will have listeners and will make sense.

let's just settle to the idea that the sound in the streets are not noise. let's just settle to the idea that there is a problem and thank god somebody is making a lot of fuss about it. the noise will be missed when everyone will be silenced... we don't want that, do we?

[sol]

economy???????
affects all of us ....
but government, doing what is good to our country. some people can't understand whats economy ...
explain............

[- ApaU -]

emmm...President Ronald Reagan once joked that if the game Trivial Pursuit were designed for economist,it would have 100 questions and 3,000 answers.All of us have a different thought about some problem.I contend that why Good and Bad leaders are critized,because Policies and Incentives always have a pro-contra and there isn't policy that absolute to the market condition.So,all of us maybe feel unsatisfy with the condition,due to the unsatisfy it will trigger critize...Economy is a young science..Not perfect...With all respect can you reply to my opinion..^^

[Poypips]

Government you say is doing what is good to our country?
Aha!
But doing the good thing doesn't always lead to popular decisions. There's no such thing as a free lunch. Sacrifices have to be made if we want to progress, this ain't simply an economic principle but a principle on how the world generally operates. And when someone does good which has negative short-term effects for greater benefits in the future, people start filling the streets shouting 'You government people are idiots! Let us lead the nation instead!' or something of the sort. I'm not saying that the public is stupid but people do have tendencies to be short-sighted.
And on telling economic experts/economists that what they're proposing is really bad, do we really look at the future effects or just the immediate ones? When a doctor tells you to undergo surgery, you don't tell him 'Go to hell, surgery hurts. Give me a treatment that I'll enjoy.' But of course, there's no such thing as that.
But then again, maybe it's just me.

[sol]

hi...
economy?????
affects every one....
some people cant undestand ....

[Mervin John]

Ahem ... excuse me ... I think Economics is one of the subjects taken up during high school. Sadly, those people just tend to forget about the topics involved and also the side studies. I don't want to discuss things about Economics because the truth is I hate Economics. But one thing for sure ... you sure do have a point here. Kudos to you my man! Just an example is the so-called Leaders here in our country - the Philippines. Oppositions always find a way just to make sure that the mass will have something to criticize about the Administration's approach to improve the economy. Well, how can we improve when these IDIOTS don't want to support the Administration. They just do what is stated in their titles - the Opposition. Everytime the Administration had something in their minds so as to solve some problems, they just barge in and oppose the plan. Now, what do you call that? Plain and simple ... Idiotic fellas. I hope someday they will wake up to the reality that without cooperation we will achieve NOTHING. And that is something that we could not afford if we are so concerned about the welfare of our society and the future.

[hypercat]

The world what i see now is nothing but a mob, tranny, racism, dictators, facism rulez..
If U are a Goverment minister nowsaday no different then back in thousand years ago(before christ).
That's means you are not only ve to be 'a minister politician policy maker 'a Doctor but 'a world secret scocieties aswell. 'People will tend to listen to money then you talk' and "make sure you say who u said U are" in this world. Onces u know "who is who" then your world will be much more easier doing anything. People mind now mostly ve been corrupted by their goverment rule model. This Blog is consider out of question (unless u oready member of Marcos or Arroyo in your own country)
Try to understand the core concept of business in this video then continue to Blog
http://www.youtube.com/watch?v=HIYoAoB49AQ

[' Hiroki]

Isnt It part of serving the people is to keep them informed? And not to confused them with economic policies. Do not argue what you assume. A lot of people say that this is intelligent and smart, etc, but this is actually stupid taking into the position that people just makes noise.

[Poypips]

Hiroki, yes economic policies are often misleading and complex and this is why people are often confused and angered. This is also one of the shortcomings of economic ministers because they fail to make the public understand how and why a certain economic policy exists.
Ideal economic policies should be clear and readily understandable to the masses and confusion regarding its objectives should be avoided as much as possible. But there are cases that this isn't feasible, some policies grounded on advanced economics need scholarly study to properly understand. As much as educating the public about it is ideal, providing information to the public would simply cost too much to be practical. The same way not everyone can actually be taught the intricacies in the field of medicine and become specialists, not everyone can become expert economists. It ain't just feasible. That doesn't mean the government should neglect informing the public though...

[Carlo Ang]

no matter what type of leader you are, whether you're the leader of a country or a leader of your gradeschool scince group, you're still bound to get commented upon... proof of this is the fact that the words "no comment" is still, in itself, a comment! =)

[usman]

for this world,
i hate to love it,
god bless me for all for this

[Marlowe]

wow..dats nice..btw..i study economics ryt now and you are ryt..

[nitnelaV]

i totally agree with you man. in my university. i am majoring economics. i always hear them ask if "does that course still exist?", everytime i tell them my course. no wonder they don't understand a lot of issues and easily makes negative comments whenever thay see something on the news. i heard that only a few are majoring economics. a lot are on to accounting and business administration. in my opinion, yes, economic policies are complex and often hard to understand, and so the opposition of the government takes advantage of that and they mislead the people even more. how they do it is seen on the TV and on newspapers. they oppose almost every plan the government makes saying that these plans don't benefit the people. and they raise issues whic are far from the real issues to divert the attention of the people from appreciating the good reforms of the government. that is politics the way i see it. "peace" out there.

[AZN]

...d☼pe...

[banjo]

...or adore them for they could always say what they feel...even reach everyone who seems to just sleep and ignore?!hmmm.. just thinking the other way around.
anyway, nice shot!!!

[lawrence]

are you trying to compare each country's economy? in my opinion, every country have different economy. agree?

[EMPReSS oF DRaC]

wow! what a nice article...you hit it straight to the point dude...just like here in the philippines...mobs of people rallied in the street and I doubt it if they really know what they're shouting of...

[ADELFA]

i dont want to think the positive effect of crises . our economic now under low level degree specially for the philippines.

[a k e c h i]

omoshiroi ne... very interesting topic... from my point of view... people always criticise at something the don't understand... thats why a leader should guide, show and tell them what it is all about... hmm... time will tell... which is the best for both people and the leader...

[martha]

well..actually i don't understand about economy. that's why we need more experts on it, but not only in theoritical...thanks for all your ideas.

[bunso]

you are right.. one must know first what he/she is talking about to avoid rambling senseless stuff... but as what others mentioned, some just go with the tide so that others would think that they know something about economics and stuff... here in the philippines, senior highschool to college level study economics and it's quite a hard subject to understand. yet some people do babble out random idiotic comments just be noticed.. but there are really people who know what they're talking about and would just like to voice out their complaints.. that's all... nice blog writeup by the way... :)

[John]

i like to meet girls

[Charel]

wondering with your statement bout "why not everyone takes economics in their studies".

just want u know one thing, that economic CAN'T (and Never CAN'T) SOLVED ALL OF HUMAN'S PROBLEM.

guest, we can start with a simple question "what can make you happy? what your life's purpose?"
n Does Economics teach you to answer that? guest not... that's why not everyone takes economics in their studies.

hope u can be more mature, n can see... that's so many human's problem in this life.. n economics can't answered all..

[AZ]

MMMMMM

[mikhoi]

u r ryt charel..

[juniors]

Economics is a simple subject. it almost explains all, but not all things. even the most trivial stuff you could think of. read freakonomics!

However to understand econ extensively, one must learn the basics of statistics. moreover, economics, believe me, is highly mathematical. math is the language of econ. i mean, it could be hard, but it is manageable.

economics does not promise solutions to problems. but it could explain a wide array of phenomena, whether economic, political, or whatever in nature. many theories in economics have assumptions that delegate controlled variables, which may or may not be practical in the real world. nevertheless, these theories still tell interesting stories and explain a lot of things.

economics rule all social sciences.

it even rules the world.

[gg]

we always demand for somethin',. we practice our own "perfectionism" which doesn't fit in every individual.

[YadHz]

i dont know what to say... you have the point of view which some of my friends would call "reaksyonaryo"... but i really think you are right! but then part of me says, you might've just missed something. but part of me says, you have it right!! well, i just hope that, should you decide to enter the world of politics, (or if you're already there) you are doing the right thing; educating the people about what you think is a politically correct principle! i mean, what we must be all missing is the basic understanding of who we really are, our identity as a people. we are considering ourselves as Filipinos,but are we really? before we were called as such, who were we? i guess i'm out of the point, but that's just me. goodluck to me! and to you! Godbless the Philippines...

[YadHz]

just a follow up, i didn't know you weren't one of us "Filipinos". but then my comment is just the same.. the people in Singapore has not been colonized the way the people in the Philippines were.. but then the difference is always there and has always been before and might just always be there forever...

['mArIz']

Modesty aside.

I believe that these people who, according to you, have a lot of comments about the economy when they have never been to the real studies of Economics are entitled to ther opinions. And if we are entitled to hate this, they are also entitled to love so. Point is, we all have our stories to tell and lives to lead so we never have the right to tell these people to "shut up" simply because they don't know much about Economics. Afterall, we never really have the right to say that these interactive people know nothing about what they've been reacting with. Perhaps they know something though not everything. Question is, who knows about everything??? Certainly none. Not even the scholars of the ancient time like Aristotle. Wanna bet? make a research and you'll see.

But come to think of it, learning can't just be obtained in the four walls of the classroom and we all know that experience is the best teacher.

AND.. do you really know the reasons why these people keep on blabbering about something they don't know MUCH of??? It's simply a matter of LIFE and DEATH!

On the other hand, why don't you do something about this since you have very well detected this social cancer?

Would you just sit on there in front of the computer and just write a lot of blogs about these socio-economic problems or better yet, socio-political struggles???

Well, this may be a good avenue for intellectual discourse but the government wouldn't know anything unless otherwise you present your ideas to them.

[Rafael]

elow friend!!!
maybe i'm, not a economist nor expert in economy policies.but as i see,all things you've said are happening in our precent condition in our government.
that's the reality,the only thing we can do is just help our self to choose what's the right thing to do in order to have a better life.corruption are everywhere,we fellow young gun,do the right thing in order to fight this......that's all!!!!!!!!!!

[jade]

what schools of thought in economics did you got your degree in economics??? economic bachelors can see you have a different perspective.
i've got one question for you. how can you monetize social history then? what method are you using??? did you experience contingent valuation survey in economics? tell me if you have coz il show you the result of my thesis in economics.

jade

[Psyked]

id have to agree with you.humans are insatiable creatures so raving about our economy comes with it.satisfaction i think, like success, is a state of mind.and that goes on to both kinds of leaders being unwanted because when a person is unsatisfied, he will look for loopholes to reinforce his claim of a disappointing governance and economy.the philippines is a classic example.i am a Filipino so i have a say about this.from what i see,there was never a good leader.the taste of the governed was never satisfied too, because they look for bigger changes in the economy but a litle of themselves.imagine marching under the scorching sun just to holler out to the government their protests instead of earning a living.for all i know a day's work is the whole future for an individual.the economy is explained by the annual revenues generated by the government and the figures are quite encouraging but sometimes doubtful.is this a way to be safe from more criticisms?who knows the hardships of economics except those whose hands are on it?people who do not know,do not really know.

[Timothy]

Your blog is a-OK! Believe me....Economic Models are tricky and you can't make a final solution to Man's contentment so that's why You, Me and Everyone should focus on the needs...not on the wants.... consider that as a compliment. besides common sense do make it easier.

the only way we separate ourselves from Animals is that we Have rational minds.

[karen]

surely you've expounded the matter quite well. u definitely r a well versed person so to speak. but personally for me, any field is just a body of knowledge compiled all the years of human existence..less the time span that knowledge and ideas we're not noted. nevertheless, theory is theory unless it becomes a law, a natural truth that super imposes itself under any under tows and variations. any group of knowledge is best only if it is used to some nobel goals but sad to say even nobel goals go awry.as long as the definition of good and bad is subject to human nature that is flawed and varied, then it is presupposed that every individual has a thing to say differently. so bottom line is, the individual need still comes way ahead of any others. so what else do we expect? it is a continuous dynamic world of change!!!huh.

[RRR]

well, i think all comparative advantage theory is just make history of the world the same. Just growing the neo imperialism idea. I agree with Timothy. We need a total solution, with a sweet pill not sweat poison. which is can heal everybody, not for somebody.

we'r all missing the free world.
We'r all missing living the world for today, not tommorow.
We'r are
We'r all missing the new history which we all never felt before.

All we hv to think by now is to crete the economic theory to provide collectivity.
The answer for everybody..!!!

Viva Otro mundo...!!!!

A new world is always Posiblle...!

And we have to consistant with our believe..

[LeimeL]

It could be annoying to hear stupid people expressing their opinions or opposing commentary to government's economic & political affairs affecting the people it governs. I exactly got your point. However, it could be more relevant to view the scene in a larger perspective like these people are a result of a decadent culture that breeds pudding heads because we all know that the majority of the people who oppose the government are the uneducated masa, and they are tired of promises. More often than not it takes no economic scholar to understand that the country's economic and political predicaments are the outcome of a system that made these leaders all the same then and now. And why do you expect these leaders to expose the negative character of the system that benefits them?
Let us blame the system instead because transformation is always a result of a peoples struggle, opposing entities, and even bloody revolution. The only way for people to be educated is to truly educate them with the clear analysis of the world. And Economics can be learned and taught inside or outside the four walls of a classroom.
I salute the leaders who join the struggling masa in exposing the corrupt system even if they seem to be a laughing stock to intellectuals and appear to chase windmills like Don Quixote.

[LeimeL]

Have you thought of the generative forces leading to these adversities?

[-'wAiTiNg'-]

i'm a senior student and we tackle economics as a subject, i actually see it as a subject only. i don't see it as something that i should study. that's because of the misconceptions that misleads my perception about economics.
but now, i realized that what you said is definitely true.

well, i consider legal management as one of my college programs. how i wish i can be good as you... you seems to be one a few that makes me realize that i should not take economics for granted.

thanks!!!
GOD BLESS!

[Oliver]

very nice,that,s all.

[chUn-chUn]

"...When a doctor tells you to undergo surgery, you don't tell him 'Go to hell, surgery hurts. Give me a treatment that I'll enjoy."

I'm in the medical field and I beg to disagree. Some patients do prefer to allow their wounds to fester and receive enjoyable treatment rather than opt for surgery that will give them a better prognosis.

I liken these patients to the majority of my countrymen. Our history tells me that voting for corrupt and inept politicians are the norm. People go for the popular ones such as movie stars with the well-educated ones being brushed off to one side. Yes, we sorely lack the experienced economists as our government leaders. Yes, we tend to raise our voices against our government prematurely. Yes, we are impatient to see the growth promised us since the birth of our republic. Yes, we are not easily pleased with the proposed changes of our government - we think they are not radical enough to wake up the slumbering nation.

Majority of my countrymen do not have the benefit of education. Comparing a political candidate who talks of economics as a science to another political candidate who talks of promises that are usually empty, they will choose the one giving the empty promises for an enjoyable life even if it would only be temporary.

I really admire the Chinese people who had the temerity and the drive to make their country what it is now today. It was a hard time for them, lots of pain and suffering, lots of sacrifices. Belief in their system and in their leaders made them persevere and realize their dream.

This unconditional belief in our government is what we need. An honest government is what we need. An experienced and revered economist is what we need. A cooperative country is what we need. A strong leader not easily cowered by the nations that control the world's economy is what we need.

Your blog entry made me think about the plight of our country. And it is a sad plight indeed.

[Steven]

a remarkable analytical thinking. All of your opinios are based on facts and deep thought.
but as you can see,
humans are humans. All of those traits are common for human being. Criticizing a matter just because of one's dislike, however when it comes to what to do, they sit down quietly zipping their mouth. That's human.

and in my point of view,
it is not that they (those who do not take economy) do not worry about the economy.
Its just every person has different type of logic created by their own unique brain waves. Let's say those who are talented in mathemathics will see things in a mathemathical way, by the same token, poets will see things philosophically, just like you see things economically
There are too many aspects in this world that are important
Economy is one of the crucial ones. However, that doesnt mean economy is the only and one answer that exists in this world, does it?

I apologize if there is any inexperienced thought or words that i wrote
im just stating my thought

[Lyana Devils]

Seriously, I don't think u have to study economics to talk about it.
People talks about things that affect them and since econs affects them y don't we talk about it.
It is like saying you can never be good at two different things.How is that possible.
The way i see it, if u can back up ur points with evidance then you r entitled to talk about it.
The notion is; if u have the knowledge about econs, that is very well presented.. but who are we to supress ppls thoughts and words?

[Daniel]

yh...it is true dat there r ppl out there hu really do not noe the basis on which they criticize...n most of the times it IS best thet they just shut up...
but there still are critics hu r based on studies by scholars...
n as the chinese saying goes, the third person view is usually more revealing...or enlightening, so to speak, than the ppl involved...

[meet]

I entirely agree with the comment OF Mc Harold b'cause I've been in the Philippines for the all the 18 years of my life... Here to lure the masses, they shout out the Economic Growth of the country. Current Events Digest magazine, sold to publich high school students here (note: SOLD not distributed-- for another economic reasons) glorifies the government by treporting economic success, to which an ordinary citizen could not feel the so-called economic growth, if there's any really.

B'cause the Phil. is poor (I'll be blunt and stop using the euphism of naming the "developing country"), no President will be deemed highly inspite of all what they have done, simply because as u said it so, people judge the leader in light with the economic state of its government. But of course people will always do that--associate economics with leader's judgment, and I personally think, this because IT MAKES SENSE!

[tj-tadsz-tim]

intriguing...

a thorough, if not clear, presentation of what had happened with the use of economics in recent times.
it has been abused and ridiculously given a negative connotation by the so called "politicians" over the years. they seem to clasp themselves with the notion that they are "good" economists and thus sell it out to the world through media to get elected.
it is the responsibility of anyone that knows or has a grasp about economics to continue understanding and utilizing the knowledge imparted by this social science. in short, if you don't know, start learning, and if you already know, then know it better.=P

[Allan]

I'm sorry to tell but you're a little bit funny to think why everyone does not take economics. Making a prosperous country does not take economist alone. It needs other professionals/professions to work with the economist/economics. I don't know if you mean more than that or you mean it literally, however, if you will let a programming student like me to read your blog, I will assume that you are literal with it as I am trained to take things literal but logical, of course. Each of us is unique. Our talents and skills are unique in our on way. As a programming student, I have my own way of thinking and helping our economy. Programmers create tools to make economists' works easier. Programmers help economists like you post a blog like this and be heard and noticed by others. And so I wonder why programming students have to take a 3-unit subject in Economics, Taxation and Land Reform. If you're going to ask me to create a blog like the one that you're using, I'm not gonna use economy to code the program. I guess it's not important for me and other fields of studies not closely related to economics to take this subject in one whole semester. A little bit of explanation will help us understand the principles of economics and its effects to the country. You don't need to study economics to understand it. As I have said, I, as a programmer, can help people like you make some things easier and faster.

[lloyd]

Decision making in government is not suppose to please everyone but the majority. In economic issues, that becomes more complicated. People who make noise are the people who doesn't seem to understand that these policies are done by what is best to the majority and what is good to the country in long term perspective. But what is going to taint a decision maker is if he or she makes a policy or policies that benefits his or her own personal interests. We can't read minds. There is no swift answer about this. It's the human factor. You can't please everyone. You can't beat self interest.

[eri]

For whatever reason it is, public's outcry is deemed at a 'rant,' nothing more than a short outburst of inconstructive criticism. But perhaps it is obvious to say, government 'servant' or politicians are no longer the voice of the people as they are treated better, they get paid more and most of them are above the law (there is no such thing as squeaky clean politician). To me, those people acts out the opinions of the people, nothing more, they are our hands and legs, nothing more, but somehow, somewhere, someone decides that they have done such a good job that they deserved a bigger car and a bigger pay. Most of these high ranking politicians get retirement pensions worth more than a garbage collector's salary. Would you say a politician's job is more important than a garbage collector's? Decision and law-making is about common sense, and anybody with some experience and virtue could have done the same thing. A garbage collector dont complaint about the smell, what makes you think politicians should complaint that the public is giving them a hard time? Government policies are done by what is best to the majority? How is invading iraq good for the people of US? Stop lying to yourself. You see George Bush getting triple-shift jobs? You see Cheney sweating behind the comfy chair at Halliburton? Who do you think pays extra tax since the invasion? It is the people, not the government. I will never vote, not matter which idiot thinks he s got what it take to do the job. If for once, a politician tells me that he will accept minimum wage for his job, that s the one I will be voting for. Why? because he is earning peanuts and he will go all his way to raise the minimum wage so it benefits him and others too. Nowadays, politics is not a job, it is one way ticket to paradise.

[Robie]

Why give a damn?! Make money, and enjoy your own personal economy... Politics, riots, public outcry, rallies, they are for people who doesn't make enough money... do you?
:)

[Yusuf]

I've read your article about economics and honestly,that is so inspiring....thanks to u,YZ

[jeneline]

no comments.....

[ChRiStiNE]

Nice to know that there are still the people who do not bathe in apathy left.

[Villamor]

"the right of the people to know and interact is the basis of democracy". judging might be prejudicial but its the essence of democracy, we police each other and its worth it for us to fortify our actions. Just imagine a life without opposition. Its stagnant and futile.

[Theinos]

well, i dunno. but one thing i know for sure. when there's politic there's corruption. they make noise because they didn;t get their part. lolz...

[SheeHwa]

Let me share my 2 cents worth.

it is useless telling us how good the policy (economic policy) is if the politicians are not able to push through the policy. and it is by no fault of the citizen that the "fabulous" policy cannot be push through just because they are short-sighted.

The voice (well, you prefer to call it noise) of the people provides a check and balances on the government action, especially a corrupted government. Therefore "noises" by the people are important, and is the very underlying notion of democracy.

To me, no matter how good the policy may seem to be. if it is not able to convince the people, if it cannot even pass the citizen level, it is a bad policy. Com'on, stop telling me how good the policy is when nobody feel its good. the economist/politician should stop lamenting, and go back redraw a policy that satisfy the people. If for some reason the people think its not good, and the economist/politician are unable to push through, then i think it is a bad policy, no matter how good economically it is.

My opinion is Pure economics are just utopia unless you adjust the policy back to suit the real world. The real world is imperfect. People do not make rational decision. People are motivated by self interest. If the policy you proposed cannot move them, then your policy has fail.

[- BliTz -]

You're right man..
The citizens in this country are becoming restless yet stupid..

[Aris]

uhmmm.economics?is that a food to eat for every one poor in this country? i am not arguing w u, but w the leaders today we have, economics graduate like gma!look our country today. dont u see?the empty stomach is triggerring them to make a noise in the street.to protest....we dont need a economist that makes our countrymen so much poorer because of their economic policy. the point is we dont need a economist leader that makes us more porrer than ever.we need a laeder taht have a heart.TRY READ MY BLOGS.I GUESS U UNDERSTAND TAGALOG? RIGHT FRIEND?!

[Aris]

UPS SORRY I THOUGHT U WERE IN THE PHILLIPINES.

there are always 3 kinds of person in this world. one that make things happen, one that watches things happen, and finally, one that complains about what's happenning...i'm from the philippines and now working in japan, i know my country is in a mess right now and i can't rely on my government, nobody can catua