Another comment about education
In my previous post ( AI and its ambitions ) , I talked about how I am in support of public education, mainly because of the aggregate benefits to society it provides. Schools are where the youth acquire the foundational knowledge and skills to use later in their lives. Simultaneously, they undergo character development as they learn, because they spend the vast majority of their time at schools. Educational institutions thus play an important role in a community. In terms of
14 hours ago
AI and its ambitions
The AI revolution has been underway for a while now. The hopes to wipe out humans, and replace them with AI robots to reduce costs and make knowledge/ decision making accessible to all. Technological change/ automation always comes with labour displacement; yet the prediction markets always somehow believe it reduces jobs for people and reduces the hours/ "burden" of work. As discussed on various finance/ news media, society does not seem to accurately predict the implication
2 days ago
Cultural change and its effects
I have been avoiding having to really delve into discussing culture, and therefore impose my preferences on it. There are so many aspects about culture that are sensitive due to its complexity, and in many ways off-limits. However, it is clear that there is a feedback loop between the economy and culture. The part I will be talking about is: power dynamics between age groups and gender. Oh no! I am one of those! Why are you surprised? The reason why I have chosen these two at
4 days ago
Urban vs Rural
In my about me page ( About ), I discussed I lived in various nations throughout my life, mainly in urban areas in both developing and developed economies. In developing economies, I resided in the city with the highest level of comparative urbanisation. I am an urbanite, and my preferences are consistent with urban areas over rural areas. However, I am not entirely opposed to experiencing the rural setting every once in a while. It allows me to immerse myself in nature and t
6 days ago
Controversial Take: Medicine Isn't an Exact Science
This one is going to come off as offensive to those from medicine. Hear me out - hopefully I am not intensifying the target on my back. Although, I have talked about this before, so the rest of this blog post isn't an unexpected disruption. In one of my previous discussions ( An explanation of how I see things ), I briefly mentioned different disciplines answer questions/ do things in different ways. However, there is a lot of overlap in topics between subject areas. I am in
7 days ago
Fiscal policies
In a nutshell, fiscal policies need to exist (the why is actually rather a lengthy debate, so I can't go into it). However, as with any firm or business or agent providing goods/services, the government's ability to implement particular fiscal policies rests entirely on revenue vs costs. A government's revenue source is usually taxation, selling debt, creating income generating firms of their own etc. The costs therefore, are obviously all the programmes they provide for the
Nov 22
An explanation of how I see things
If you haven't read the 'About Me' section, I talked about how I have a background in economics and that I have lived in various nations through to my informative years. Thus, I have seen a set of outcomes through different policies and institutional settings. Ultimately, how one believes the world should operate, is highly dependent on your own philosophical beliefs. In essence, how much do you care about certain facts about society? The economy? And these beliefs are formed
Nov 21
Launching my blog!
Hi all - Today, I launch my blog.
Nov 20
