Tag Archives: trade

A Honest Disagreement about the Future

She is mostly right, and he is dead wrong in this case. However, this case is only about the future of humanity.

Who would have thunk it!  He had been billions and billions right, before.

Warren-Buffett-with-Bill-and-Melinda-Gates

However, She is an inconvenient woman.  Damn Dambisa, what’s logic and data got to do with it?

dambisa_moyo_ted

They say they know better, it’s their belief — er — political assumption [Greek: hypothesis] — er — political ?religion?.

Dead Aid a book by Dambisa Moyo

‘… Bill Gates weighed in with his condemnation. “I think that the book actually did damage the generosity of rich world nations,” he said in a 2013 interview. “I have read it and I think she didn’t know much about aid and what aid is doing.” ‘ [My emphasis]

Sorry Billthink again, haven’t you got that the other way around?

“Don’t just read it; fight it! Ask your own questions, look for your own examples, discover your own proofs. Is the hypothesis necessary? Is the converse true? What happens in the classical special case? What about the degenerate cases? Where does the proof use the hypothesis?” – Paul Halmos

There is a schism…

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Mastermind

It’s Trade, Stupid

He was kicked out.

They had no natural resources: except a natural harbor and being in a central location of the poor South East Asia.

It was a mismash of cultures: Chinese, Malays and Indians, under the British colonial rule, made from the flotsam and jetsam of the Chinese Diaspora and local Malays with a sprinkle of Indians.

Exhausted by World War II, the British wanted out of the colonial business, so they tried to give Singapore to the newly formed Malaysia.   Singapore joined neighboring Malaysia, another former British colony, in 1963. The following year riots between ethnic Chinese and Malays broke out, and Singapore and Malaysia split into separate nations in 1965.

No go there, there was Tunku, he had enough problems with his Chinese. Too many Chinese and Lee was not a weak leader, not easily manipulable.  

Kicked out of the Malaysian Federation, Lee Kuan Yew, leading a newly independent Singapore from 1965, with overwhelming parliamentary control, oversaw the nation’s transformation from a relatively underdeveloped colonial outpost with no natural resources into an Asian Tiger economy. In the process, he forged a widely admired system of meritocratic, clean, self-reliant and efficient government and civil service, much of which is now taught at the Lee Kuan Yew School of Public Policy.

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Maybe Crazy, but not Stupid

Ma Yun applied to study at Harvard 10 times and was rejected each time.

Yun had to deal with rejection many times in his life: born during Mao’s Cultural Revolution when schools and businesses were being destroyed, such that formal education and trade was at a low in China during Yun‘s youth.

He failed the entry exams for colleges in China several times and was also rejected for many jobs in China, including one at Kentucky Fried Chicken.

Despite this, at an early age, Yun had developed a desire to learn English, so he rode his bike for 45 minutes each morning in order to go to a nearby hotel and converse with foreigners. He would guide them around the city for free in order to practice and improve his English. Later in his youth, although he failed the entrance exam twice, he attended Hangzhou Teacher’s Institute and graduated in 1988 with a bachelor’s degree in English.

Yun — his English name, Jack — Jack Ma started an e-commerce company in his apartment in 1999….

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