Free to Choose

Prof. Mankiw of Harvard has written two worldly popular textbooks in economics: Principles of Economics and Macroeconomics. There are many universities and professors who use his textbooks in classrooms. In my university, Kobe University, his textbooks are popular for undergraduate and graduate levels. I enormously like his books, and that is where I got to know the book Free to Choose.    In his note on his further...

[Continue reading...]

Essays on Liberty

Summary  The birth of modern government system began with two simple principles: one is government is to protect one citizen from being abused by another citizen. Two is government is to protect itself from abusing citizens. The first principle requires that government sets up laws to protect property rights of all citizens. The second principle requires that government assigns limited roles to itself...

[Continue reading...]

The 7 Habits of Highly Effective Teens

No doubt, this book is a worldly famous self-help book. The author, Sean Covey , was influenced by his father Stephen Covey, the author of 7 Habits of Highly Effective People, and made it simpler especially for teens. Personally I am highly positively influenced by it. If I hold it to read again, I am not sure if I can stop. Just a little exaggeration, though! And this is why you see this review. Knowing what is right...

[Continue reading...]

Cambodia promotes motorcycle helmets to halt rise of traffic deaths

In the end of 1990s to 2000s, the largest social ill in Cambodia was the spread of HIV/AID. Recently this is no longer the issue. Most people now understand about the disease and how to prevent it. However, currently the largest social ill is death toll from traffic accidents. Statistics aside, I can see traffic accident one every day in average on my way of commutation from and to workplace. The article is right in that people...

[Continue reading...]

Why Nations Fail

You may wonder why Cambodia, among other poor countries, fail to develop. Why we are poor and other are rich? You have answers, of course. You may point to the fact that we had wars, thus no human capital i.e. no knowledgeable persons who know how to develop the country. Some would point to the fact that we are born lazy, i.e. our culture does not induce hard working like Vietnamese culture or Japanese culture. Of course, very...

[Continue reading...]