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 →

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 →

Is Grace Poe just an ordinary trapo?

The question arose as I was listening to the Senate committee hearing on police modernization chaired by Senator Poe. PNP Chief Alan Purisima was the primary witness. Let me begin by listing some observations . . . that is, opinions . . . arising out of that hearing: The Purisima hearing These are my “top of … Continue reading →

Get old geezers out of government

One of the aspects of Filipino culture that I find most endearing is the respect granted to people senior of age. The giving of blessings is most touching. The dedication is so serious that Philippine family law mandates that children take care of their parents. This is different than in America, which is a place where, as we … Continue reading →