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Can a country prosper when its institutions fail?

IN economics, we are taught to focus on what can be easily measured: Sales, profits, prices, tax revenues, etc. Since the decay and failure of institutions isn’t easily quantified, this decay doesn’t register in the realm of economics. Since it isn’t measured, it doesn’t exist. But institutional decay and failure is all too real, and […]

Stop playing race politics

KUCHING: Parti Keadilan Rakyat (PKR) president Datuk Seri Anwar Ibrahim and his Pakatan Harapan (PH) cohorts need to seriously stop playing the dangerous racial card in their political game. Parti Pesaka Bumiputera Bersatu (PBB) information chief Datuk Idris Buang said it was crystal clear there were many things that the present Federal government (Perikatan Nasional […]