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Heart Of Glass (Fiction) By Stephen Yeo Chapter 12 Wednesday, April 20, 2005 Chutzpah Debunking the Myths about Entrepreneurship here Are entrepreneurs born? Endowed with some mythical attributes that made them what they are. Could there be indeed a genetic predisposition to be successful entrepreneurs? Even Minister Mentor Lee was initially led to believe that genes ultimately rule. Thursday, March 31, 2005 Chutzpah What Singaporeans Lack as Entrepreneurs According to The Global Entrepreneurship Monitor (GEM) 2001 Executive Report, Singapore scored the third lowest rate of entrepreneurial activity. In the speech addressed by then Senior Minister Lee Kuan Yew, he highlighted four main values which Singaporeans lack as wannabes entrepreneurs. Wednesday, March 30, 2005 Nature Versus Nurture By Stephen Yeo Is it nature (heredity) or nurture (upbringing) that determines one's intelligence? Behavioural scientists are grappling with this conundrum, even today. Friday, March 25, 2005 Chutzpah What Does It Take To Be An Entrepreneur? Minister Mentor Lee Kuan Yew sparked off a small debate last year (2004) when he suggested that Singapore should free up its public sector scholars into the private sector. Not managers they should become but entrepreneurs, he added. Scholars Becoming Entrepreneurs? The idea struck me as not only preposterous but is doomed from the start. Sunday, March 13, 2005 Making Singapore a Great Global City By Dr Wong Wee Nam History has shown that cities grow and die. This is not a problem if a city is in big country. When it dies, a new city will grow in its place. Monday, December 13, 2004 Last Confession (Fiction) By Stephen Yeo Some people think I'm mad. That's perfectly understandable. It's hard to believe an average Joe like me could have killed 21 people within three years. Thursday, August 12, 2004 Heart Of Glass (Fiction) By Stephen Yeo Chapter 7 Wednesday, Aug 5, 2004 Movie Review
Nice daggers, House empty
Monday, July 26, 2004 Pinocchio's Nose (Fiction) He came bursting into the room, performing mad little hops and words rattled off him like machine gun firing. "Listen! I've done it. This is really a historic moment," he cried, grabbing his colleague's hands. "Lee Meng! For ten long years, I've finally succeeded." Friday, July 23, 2004 Movie Review
A movie that blows hot, then cold Thursday, July 22, 2004 Tomb Sweeping (A poem)
Under the April sun with its searing heat, Thursday, July 22, 2004 Heart Of Glass (Fiction) By Stephen Yeo Chapter 6 Tuesday, July 13, 2004 Military The Revolution or Delusion in Military Affairs? With the recent spectacular success of Operation Iraqi Freedom, the US forces has once again demonstrated the superiority and inevitability of RMA (Revolution of Military Affairs) -based warfare. RMA is nothing new; a decade ago in Operation Desert Storm, the US forces with their pinpoint accurate bombs, their commanders' real-time view of the battlefield, their well-coordinated branches of the armed services (Army, Navy, Air Force, Marines) and their special operations, had already heralded a new epoch in warfare. War is never the same as before. Or is it? Friday, July 9, 2004 The E-mail in Due Course (Fiction) When I laid my eyes on that e-mail, my seated body jerked back violently. The wooden chair against the marble floor let out a disturbing squeak. Never for once, even a second, had I expected to receive one. Now that I had seen it, I could do nothing but wait. There was no escape. Saturday, July 3, 2004 An Essay
Dreams: Can they happen in this time of practicality? As I look in retrospect on the past twenty odd years of my life, I realized that dreams can come through in today's world if one's open to it. There are two hurdles to clear in order to facilitate this from happening though. The first is circumstance which I refer to as the boundaries and social situation one's in. I can dream of owning a Ferrari but can my measly pay support such a desire? Perhaps I may know the winning 4D combination for this week's draw. However, without the money for the ticket nor the way of communicating this to others, I probably won't land the prize. Sunday, June 6, 2004 Book Review
No man can possibly have read this book without being persuaded by Mill's eloquent arguments or moved by his sincerity and candor in his defense of free speech and individual liberty. While most men do not doubt the necessity of individual liberty, most, including myself, hardly knew to what purpose or on what justification liberty should be defended and encouraged. We cannot be too often reminded that drastic consequences in exchanging freedom for the so-called "the good" of society in the last century. This book review continues. Thursday, April 29, 2004 Book Review
Title: Discourse on Voluntary Servitude
In this essay, he sought to examine how men could have consented to their own enslavement to tyranny. Not tyranny that subjugates men, he realised, but men choose bondage over freedom. This book review tells more. Monday, April 26, 2004 Psychology
Freudian slip: A case of mind over mutter? In one of my earlier articles, (Straightening the Straits Times [6], I wrote: "when Ho [Ching] mentioned family jewels, I believe it was a genuine Freudian slip". But what exactly is a "Freudian slip"? Well, it certainly isn't some kind of undergarment that women hide in their closets. But it's close enough. In fact, one could argue that a Freudian slip is much like skeletons in a closet. Saturday, April 24, 2004 Economics
Totomania or expected returns?
Conventional wisdom points out that Toto bettors are ruled more by greed and unrealistic expectation of returns than anything else. Their investment decisions rest heavily on the size of jackpots than expected monetary rewards. However, the author finds evidence (at least in Singapore Toto market) suggesting otherwise and bettors do take into consideration their expected monetary returns. Though these bets do not have positive net returns, thus weak-form efficiency exists, the author finds the bettors' decision to play generates a level of sales that conforms to their original forecasts of expected return. Saturday, April 24, 2004 Economics How can Singapore remain competitive in a globalising world economy? Based on a research paper (2002) by the McKinsey Global Institute, this essay argues the importance in the role of the government in focusing on a few strategic sectors. The McKinsey paper reveals some surprising findings: 1. Much of the United States labour productivity growth jump in the period 1990-1999 was real and will continue. 2. The productivity growth jump was concentrated in only six out of fifty-nine economic sectors in the United States. Therefore, if the Singapore government choose to focus on these few strategic sectors, they can potentially drive the overall Singapore economy. Saturday, April 24, 2004 I think it's Paris, but I'm not sure... (Travelogue) By Stephen Yeo [... ahem, ahem] Yes, it should be Paris, even though sometimes it looks uncannily like Singapore. [... ahem, ahem] Yeah, I'll be darned if it ain't Paris. In case you're wondering what the hell is going on, this isn't a write-up on some stupid game show for people with irrepressible throat itch. Rather, it's a little reflection of my recent trip to Paris for the Alcatel Forum 2004. Sunday, March 14, 2004 Giants of Economics: Thorstein Veblen (1857 - 1929) By Stephen Yeo
"Conspicuous consumption of valuable goods is a means of reputability of
the gentleman of leisure." Thorstein Bunde Veblen was an unorthodox American economist of Norwegian ancestry. He is considered the founder of the "institutional school of economics", a group of economists who believed that traditional economic laws and theories had little validity. Sunday, February 10, 2004 Book Review
Title: The World's Most Infamous Killers
Tuesday, January 06, 2004 Fear Factor: The S'pore Edition - Politicophobia (The Fear of Politics) By Dr Wong Wee Nam This fear factor is reinforced whenever a person encounters an unfavourable stimulus. The threat may be physical, mental, economic or social. As long as the person deemed it a possible harm to his well-being, he will try to avoid that situation. This is a very basic survival instinct. And how does that apply to politics? Dr Wong examines. Thursday, December 25, 2003 Movie Review
Movie Title: The Lord Of The Rings: The Return Of The King
Friday, December 19, 2003 Book Review
History can never be seen in the same light again for this book has upset my long entrenched notion that history is but an incontrovertible chronology of facts and causes. If not facts and causes, what is history then? This book review examines. Tuesday, December 9, 2003 Movie Review
Movie Title: Kill Bill R(A)
Tuesday, November 25, 2003 Movie Review
Movie Title: Wishing Stairs
Sunday, November 23, 2003 Extreme Liberty (Travelogue) By Stephen Yeo If there's one nation that can predict Armageddon with certainty, it must be the Taiwanese. Switch on the television during a normal weekday, and you'll be able to catch a stock "guru" confidently putting his reputation on the table for his guaranteed profit-making stock pick. Friday, October 31, 2003 Is war a necessary evil? By Stephen Yeo Imagine India launching a nuclear missile over the Himalayas into China, or Pakistan laying waste to Nepal with an atomic bomb. Think of Israel, besieged by a continent of enemies, levelling Lebanon. None of these scenarios is politically plausible, at the moment. Technically, however, all all-out nuclear war between nations has become an unsettling possibility. Many countries not only possess the much-maligned Weapons of Mass Destruction, they also have the means to deliver them. Thursday, October 23, 2003 Book Review
This is one book which, I believe, politicians would openly condemn, religious leaders decry, and moralists object; yet, the same book is what they would quietly devour, study and apply in secrecy. This book teaches statecraft - how one can secure power through deceits, manipulations and plotting. Saturday, September 27, 2003 Book Review
A timeless exploration of love, loss and life Thursday, September 25, 2003 Killing me softly with his song (Travelogue) By Stephen Yeo Undoubtedly, the Vietnamese have a killer instinct. Otherwise, they wouldn't have survived so many wars (the First Indochina War against Japanese, Chinese and mostly French colonialists, and the Second Indochina War - the American part of the Vietnam War, or simply "American War" to the Vietnamese) within such a short span of time (1945-1975). Tuesday, September 9, 2003 Book Review
Stupid is as stupid does?
Book Review
Amartya Sen, winner of 1998 Noble Prize in Economic Science, in this book, not only turns decades of economics on its head by arguing that economic development and individual freedom should go hand-in-hand, to counter poverty, but also lambastes Singapore Senior Minister Lee Kuan Yew's "Asian Values thesis" that promotes economic development at the expense of freedom. This book review tells more. Friday, August 15, 2003 Giant of Economics: John Maynard Keynes (1883-1946)
Who was this remarkable Keynes? This brief essay examines his life and how he came to develop his ideas. Saturday, August 9, 2003 Dark Side of the Moon (Fiction) By Stephen Yeo
"I want to live on my own." Wednesday, August 6, 2003 Book Review
Short, but sweet. Or should it be morbidly funny? Saturday, August 1, 2003 Book Review
No thinker had a more profound and direct effect on mankind in the Twentieth century than Karl Marx whose philosophy "Marxism" gave rise to Communism, a socio-political system which once governed nearly half of the world's population. To understand the appeal of "Marxism", it is essential to know about the man: his life, thoughts and his times. Isaiah Berlin's "Karl Marx" did just that. This review has the details. Saturday, July 19, 2003 Book Review
"Against the Gods" retraces the historical journey of men and their battle in subduing the whims of the Gods - risk. From the Oracle at Delphi to modern Chaos theory and Neural networks, Peter Bernstein weaves an enthralling story of the evolution of risk and how it has led to the development of modern financial economics, peppered with brief but colourful tales of the men who have contributed to this edifice. The book review tells more.
What's randomness? An outcome chosen, or occurring without a discernible pattern, plan, or connection, according to a dictionary. Or is it? An innocuous conversation kindled my curiosity in the subject matter; subsequently, embarked me on an amateur quest where I ended up as much baffled as when I had started. The essay tells more.
The Sacrifice By Stephen Yeo Somewhere along Mount Pleasant Road. Crazed with terror, the man fled in the direction leading towards the Pan-Island Expressway. His heart was throbbing furiously and he could almost feel blood shooting up to his head. The dim streetlights fell on his face, revealing an expression of ultimate horror and panic.
Friday, July 11, 2003
Who cares about your privacy anyway?
Remember George Orwell's 1984? Forget the cumbersome technology depicted in this rather grim tale of a Big Brother society. If present trends continue, surveillance tools will be so seamlessly integrated in our environment that we won't even notice the constant intrusion into our privacy.
Yet if you were lucky, you could still hide, blend in, and pursue a life that remained more or less private in a totalitarian regime. In the brave new world of the Internet, you can bid any hope of anonymity goodbye.
Book Review
One man's treasure is another man's junk
Book Review: The True Believer
First published in 1951, this is one of very few books then that probed into the mind of a true believer whose blind faith and single-minded allegiance had nearly destroyed the world in the last century. 50 years on, some of Hoffer's analyses still ring true for fundamentalists, extremists and even terrorists which we now labeled these true believers. This book review tells more.
Economics goes potty over Harry Potter? Saturday, June 21, 2003, I went nearly potty when I heard the news that over 100 Potter-maniacs kept night vigil outside bookstores to be among the first to own the 768-page children novel called Harry Potter And The Order of The Phoenix. I went potty not because I am a Potter fan but the whole phenomenon defies the laws of economics as I have had understood it. Friday, June 27, 2003 SARS and Civil Liberties While many Western media are critical of the "autocratic" style of the Singapore Government and lament the lack of civil liberties conscious among its population, they could not but admire the swift, effective, though draconian, measures in restraining the spread of Severe Acute Respiratory Syndrome (SARS) in the island republic. I, too, applaud and salute our government's handling of the SARS crisis, but I could not but notice how much power our government can wield in such situation. Thursday, May 29, 2003 Winning War with Words Thursday, April 10, 2003, was a historical day for Americans when jubilant Iraqis with the help of the US forces wrenched down the status of Saddam Hussein, a symbolic and military victory for Bush administration. Undeniably, much accolades for the surprising swift victory went to their modern forces. Equally merited, I believe, are the "public relations" departments of Bush Administration and Pentagon - they are the unsung heroes who fought the war not with bullets or bombs but "words".
Finance
Military
A pictoria guide to Singapore Siong Lim Temple
Economic and social consequences of software piracy
Software piracy, despite what the official media claim, has contributed much to the development and progress of many developing countries like India, China and the East Asian nations. Far from robbing people of jobs, depriving government of fiscal revenue, and deterring foreign investors, software piracy has done exactly the opposite.
Although not exactly accurate, it does crudely capture the spirit of Adam Smith's most definitive work.
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