Warning: the moral hazards of the Binay family

by Edgar Lores Recently I came across three concepts in economics that I think may be applicable to the eruptions of corruption surrounding the Binay family.  These concepts are: Tragedy of the Commons Free Rider Moral Hazard Tragedy of the Commons The tragedy of the commons is a situation wherein individuals, acting in their own … Continue reading →

A political Supreme Court? Or a Court with weak integrity?

Philippine Supreme Court justices and many judiciary employees often raise the cry of “judicial independence!” It is a demand to be left alone from interference by the Executive and Legislative branches of government. Backers of impeached Chief Justice Corona claimed that charges against him were an attack on the independence of the Court. My argument at the time was, no, … Continue reading →

Why Chief Purisima is the wrong culprit

I think Filipinos believe that public servants are supposed to be poor. And they are supposed to like it. Well, they don’t, of course, which is why most employees at most government offices are uninspired or downright cranky. We have a government of cranky paupers. Much of the enthusiasm for low pay emanates from leftists who say … Continue reading →

Kay Binay walang masamang tinapay?

Does Binay Get Mad at Corruption or Not? Guest article by Andrew Lim I am writing this personal piece because there is something that bothers me about the front runner in the 2016 presidential race. And I hope it stirs a response in those who read it, specially those with personal information on the Vice-President … Continue reading →

Getting the Supreme Court out of the business of operating the nation

We have a shoving match going on between the Executive and Judicial branches of government here in the Philippines. The Court is sensitive about “independence”, even to the point of employees engaging in political rallies, and the President is irritated that the Court keeps throwing wrenches into his efforts to run this dilapidated, dirty, diesel … Continue reading →