Tag Archives: free market

Video: Understanding the Philippine Economy Through the Eyes Of Milton Friedman

If I were to believe Aquino’s economic team, it will be sunshine all the way but it isn’t. Initial market buoyancy from an Aquino victory has settled in and businesses are dealing with the same issues they faced since the 1935 Constitution – an economic environment that is skewed in favor of Filipinos who can […]

PAGCOR Privatization Without Liberalization: Jumping Out of the Frying Pan to the Fire

Talks of privatization is ripe in the air. Privatize MWSS. Privatize NAPOCOR. And more recently, Privatize PAGCOR to the tune of $10B. Is this to the advantage of the Filipino taxpayer? Or will this benefit Filipino monopoly businesses only? P.Noy Aquino is sending signals he is inclined to sell. * Aquino: Sale of Pagcor ‘a […]

Leadership Tips From the State of the Nation Address (or Not)

P-Noy Aquino getting flack for the SONA wasn’t a surprise. His getting elected wasn’t a surprise. P. Noy’s gaffes aren’t a surprise. Lacierda’s incompetence is not a surprise. The communication group’s “Cabinet rank” is not a surprise. The policy pronouncements about “public-private cooperation” is not a suprise. Everything that P’Noy Aquino has done so far […]

Is P-Noy's Proposed Infrastructure Fund the Way to Go?

The government urges creation of an infrastructure fund to help fund Public-Private Partnerships. Sec Purisima says ““We’re solid in our belief that we need to invite investors to our country. Investors need a fair return as payment for their capital and the risk they’re taking. We need to make sure that we simplify the processes.” […]

Is the Philippine economy more vulnerable under Noynoy Aquino?

Turbulence, uncertainty, and volatility characterize the 21st century economy. There are many reasons for this increase – lifecycles of products and technologies have been reduced substantially and rapid product development by competition makes demand difficult to forecast. There is disorder, there is chaos resulting from marketing activities such as promotions and periodic incentives – or […]