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Latest Heart Of Glass (Fiction)
By Stephen Yeo

Chapter 12
It was another Monday morning. The gloomy sky finally cleared, much like Steve's love life. One week had gone by since he last stepped into the apartment where he once shared happy moments with Ai Ling. There were also unpleasant memories of course, but Steve found it hard to let these negate his feelings for Ai Ling.

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
"What do you want?" exclaimed Ai Ling.
"Give me your new phone number," asked David. "Okay?"
"Whatever for? I don't have one. Now, get out of my way."
"Can you just listen to me first?"
Ai Ling turned her face.

Wednesday, Aug 5, 2004


Movie Review

Movie Title: House of Flying Daggers
Director: Zhang Yimou
Starring: Andy Lau, Zhang Ziyi, Takeshi Kaneshiro

Nice daggers, House empty
When a concoction of art house and commercial film doesn't mix well, one has House of Flying Daggers, without merits of either genre, while bringing out the worst of filming. Nevermind the awesome cinematography, an art for which Zhang Yimou is renowned, the film pathetically lacks a convincing plot, if there's one to begin with, and at the end, not only it fails to touch the audiences, it throws them into nowhere.

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

Movie Title: Windstruck
Director: Kwak Jae Yong
Starring: Jun Ji-hyun, Jang Hyuk
Reviewed by: Stephen Yeo

A movie that blows hot, then cold
This pseudo-sequel to the romantic comedy "My Sassy Girl" starts off brightly enough, even though the opening scene has the female lead character, Yeo Kyung-jin (played by the effervescent Jun Ji-hyun), on the verge of a headlong plunge to meet her maker (or should it be her lover?).

Thursday, July 22, 2004


Tomb Sweeping (A poem)

Under the April sun with its searing heat,
He has come once again to this place,
Strewn with rows of neatly placed stone-structures,
In the midst of fleeing ashes and burning papers...

Thursday, July 22, 2004


Heart Of Glass (Fiction)
By Stephen Yeo

Chapter 6
Startled, Steve turned around to see his dad standing by the door. He was a tall man, about fifty, strongly built, with a stern look on his face. In contrast, Steve's mom was a picture of lovingness.
"Don't give him any money, and see how he survives outside!"
Steve was silent.

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?
By Chris Teo

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

Title: On Liberty
Author: John Stuart Mill
Publisher: Penguin Classics

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
Author: Etienne De La Boetie
Translated by Harry Kurz

Timeless and timeliness are what I have chosen to greet this magnificent work by a man for mankind: Timeless as in its relevance now as when it was first penned four hundreds years ago; timeliness as we continue to witness the same incomprehension he faced in his time.

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?
By Stephen Yeo

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?
An econometric investigation on Singapore Toto Market

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."
- The Theory of the Leisure Class

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
Publisher: Chancellor Press, 576 pages, hardback edition
Reviewed by: Stephen Yeo

Bite-size (ahem!) information
This collection of more than 150 tales of the most prolific and shocking murderers to have made the world's headlines over the years is not a treatise on the psychology of serial killers. As noted on the introduction page, the book "does not discuss how to build up a profile of a killer to fit a particular crime".


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
Director: Peter Jackson
Starring: Too many to be named
Reviewed by: Stephen Yeo

A return that took too long
Be not afraid of greatness. Some are born great. Some achieve greatness. And some have greatness thrust upon them. Literally. Just like Frodo who has "greatness" thrust upon him to return an ordinarily looking ring back to its rightful place.

Reader Mailbag


Friday, December 19, 2003



Book Review

Title: What Is History?
Author: Edward Hallett Carr
Publisher: Vintage Books, 1961

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)
Director: Quentin Tarantino
Starring: Uma Thurman, Lucy Liu

"Kill Bill" : An overkill?
If an excess of anything good makes everything bad, it is not too far off in faulting "Kill Bill". The much anticipated fourth movie of director Quentin Tarantino has elevated violence to such an insane and hilarious proportion, that even the actual footage from any Accident and Emergency room pales in comparison to barrage of images of severed limbs and heads flying, spurting fountains of blood from maimed, twitching bodies in this blood orgy.

Reader Mailbag

Tuesday, November 25, 2003


Movie Review

Movie Title: Wishing Stairs
Director: Yoon Jae-yeon
Starring: Park Han-byeol, Song Ji-hyo, Jo An
Reviewed by: Stephen Yeo

Go ahead, make a wish
It only takes one misstep to screw up your life. Similarly, it only takes one misstep to screw up a good movie. Notwithstanding its promising premise - a mysterious stairway along a wooded path to the school dormitory that will grant you your wish if you can climb up to the non-existent 29th step - "Wishing Stairs" veered on the verge of a typical horror movie.


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

The 48 Laws of Power
Author: Robert Greene and Joost Elffers
Publisher: London, Profile Books Ltd. 2001

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

Title: The Tale of Kieu
Author: Nguyen Du (trans. by Huynh Sang Thong)
Publisher: Yale University Press
Reviewed by: Stephen Yeo

A timeless exploration of love, loss and life
Written by Nguyen Du (1765-1820), Truyen Kieu (The Tale of Kieu) was produced during the social and political upheavals of the 19th century, and is now a cornerstone of Vietnamese literature. In Vietnam, Truyen Kieu has attained almost a Shakespearean status: according to news reports, children study it in schools while adults allude to it in daily conversations.

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

Title: Stupid White Men
Author: Michael Moore
Publisher: Penguin
Reviewed by: Stephen Yeo

Stupid is as stupid does?
On 14 June 2001, George W. Bush, unaware that a live television camera was still rolling, blurted the following words to Swedish Prime Minister Goran Perrson: "It's amazing I won. I was running against peace, prosperity, and incumbency."


Monday, August 25, 2003


Book Review

Title: Development as Freedom
Author: Amartya Sen
Publisher: First Anchor Books Edition, 2000

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)

John Maynard Keynes was without question the most influential economist of the twentieth century. Not only he turned the abstract world of academic economics topsy-turvy but also affected the bread and butter world of every day lives when economics advisors steeped in Keynesianism offer remedies for economy ailments that affect every one of us.

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."
"No, you can't!" The rest chimed in at once, like the representatives of some great power waking up halfway through a conference in time to bomb a veto on some mewling little voice they don't even care to listen.

Wednesday, August 6, 2003


Book Review

Title: Tales Of The Unexpected
Author: Roald Dahl
Publisher: Penguin
Reviewed by: Stephen Yeo

Short, but sweet. Or should it be morbidly funny?
This collection of short stories is an impressive showcase of Roald Dahl's writing talent as well as his vast knowledge of various subjects.

Saturday, August 1, 2003


Book Review

Title: Karl Marx: His Life and Environment
Author: Isaiah Berlin
Publisher: Oxford University Press, 1996.

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

Title: Against the Gods: The Remarkable Story of Risk
Author: Peter L. Bernstein
Publisher: John Wiley & Sons, 1996.

"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.


Wednesday, July 16, 2003


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.


Monday, July 14, 2003


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?
By Stephen Yeo

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.

Saturday, July 5, 2003


Book Review

Title: On Writing: A Memoir
Author: Stephen King
Publisher: Hodder & Stoughton
Reviewed by: Stephen Yeo

One man's treasure is another man's junk
About the only thing in common between King and myself is our first name. Other than that, our views on writing (based on those expressed in this book) could be worlds apart.


Tuesday, July 1, 2003


Book Review: The True Believer

The True Believer:
Thoughts on the Nature of Mass Movements
Author: Eric Hoffer
First Perennial Library, 1989, New York.

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.

Friday, July 4, 2003


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".


Thursday, April 17, 2003


Finance


Title: Wall Street: A History
Author: Charles R. Geisst
Publisher: Oxford University Press, 1999, New York.

Charles Geisst tells a gripping history of Wall Street, from a tiny congregation of traders along the side curb to the most influential financial market in the world.Looking at Wall Street's 200 years past, Geisst examines the factors contributing to its rise and its role in helping America become the world's most powerful economy.


Military

Title: The Causes of War
Author: Geoffrey Blainey
Publisher: The Free Press, New York.

In the history of Mankind, much has been given to the study of warfare and less to the study of causes. Though on a case-by-case basis, war historians have dwelled on reasons that led to individual war. But not much has been written on an all-encompassing theory on the causes of war, if there is such a theory.




A pictoria guide to Singapore Siong Lim Temple

Situated in the heartland of an urban residential area, the oldest Buddhist monastery in Singapore, Shuang Lin temple, sits in stark contrast with the surrounding modern high-rise concrete buildings. Strangely, the temple blends well with the bounding landscape by softening the cold, sharp, imposing, box-like structures everywhere.
Monday, April 28, 2003


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.

Wednesday, March 12, 2003



"Don't try to be good; let good be the by-product of selfishness." Author, unknown

Counterintuitive and radical--that, I believe, will the many of us chose to greet the above quote. But what if that sum up the gist of The Wealth of Nations. Having second thought?

Although not exactly accurate, it does crudely capture the spirit of Adam Smith's most definitive work.





Shi Lin
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