Wednesday, April 09, 2025

Sunday, April 5, 2015

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...
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Monday, March 30, 2015

That Which is Seen, and That Which is Not Seen

When you study a subject for so long, whether it is mathematics, physics, economics, psychology, you tend to lose tract with the reality you see every day. Among many pieces of works of Frederic Bastiat, this piece of work is so brilliant that I can say it allows people who are new to economics to understand the principle of economics firmly. Economists today use the expression Opportunity Cost to express...
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Saturday, March 21, 2015

Traffic Problems in Cambodia

Its horrible. If you travel every day, it's not an exaggeration to say that you'd say  one traffic accident per day. It varies from a small one to a fatal one. If it's in Phnom Penh, it can make you mad because of the traffic...
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Saturday, February 21, 2015

Strongman, The Extraordinary Life of Hun Sen

But rather than making it a substantive biography, the authors turned the work into a lengthy praise of the man, which ends up weakening the credibility of the work. The Cambodia Daily. True! And this book does not deserve my lengthy review.  This book is nothing short of autobiography, as it is just written by someone else. Basically the authors just ask Prime Minister Hun Sen what happened, listened and wrote...
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