Tag: gross domestic product

Don’t thank PNoy: Economic growth does not necessarily mean good governance!

Posted on By David Yap II 13 Comments on Don’t thank PNoy: Economic growth does not necessarily mean good governance!
Don’t thank PNoy: Economic growth does not necessarily mean good governance!

Lately I’ve been seeing these posts thanking the president for increasing our Gross Domestic Product (GDP) by something like 120 billion USD. It upsets me because it betrays a piss poor understanding of economics. I’ll give you two reasons why this thinking is wrong — because two is more than enough. First and foremost, the…

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Development, Economy

The Question of Human Happiness: Happiness is not for sale

Posted on By Jose Mario de Vega 7 Comments on The Question of Human Happiness: Happiness is not for sale
The Question of Human Happiness: Happiness is not for sale

I refer to the article of Seah Chiang Nee, “Happiness is not for sale”, (Insight Down South, The Star Saturday, October 27). I overwhelmingly concur to his central observation that: “Singaporeans continue to find that prosperity and joy are not identical, or even compatible.” I also agree with the Workers Party Chairman Sylvia Lim in…

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Lifestyle, Society

Philippine Economy blah-blah at the start of Year 2013

Posted on By benign0 14 Comments on Philippine Economy blah-blah at the start of Year 2013
Philippine Economy blah-blah at the start of Year 2013

So the economy is in the limelight again. Hmmmm…. What to say about the Philippine economy… hmmmm. What makes talking about the economy easy is that one need just highlight the same things again — that the Philippine economy is nothing more than an illusion propped up by “commercial activity” brought about by the flow…

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Development, Economy, Media