Archive for June, 2008

Submission of Being Tagged II

Following this one, hehe…

  1. If your lover betrayed you, what will your reaction be?
      Erm, it’s something I never thought of, from a lover’s point of view :P But I did have extensive experience of being betrayed -.- The best thing to do would be to forget it. And of course, watch my back; you never know what will come up next.
  2. If you can have a dream to come true, what would it be?
      I had understood Nature? Haha…
  3. What will your dream wedding be like?
      This one is my favorite! :P My guests would arrive by 7:30am in a hall, then a Guest of Honor would deliver an introductory speech. A lecture about liberalism and free market will follow, with philosophical and logical justifications, then a two-hour debate. After that, it would be a lunch break, with book exhibitions. After that the ‘celebration’ will continue with a two-hour panel discussion about investment, then a two-hour open-floor session. Then dinner and architectural exhibition featuring Frank Lloyd Wright. After that, ample coffee will be provided, so those who would like to stay on for more conversation can do so till next morning. Not a bad way of spending my first night huh? :P
  4. Are you confused as to what lies ahead of you?
      No I suppose? But of course, I don’t know what lies ahead of me, though I know what I want to do.
  5. What’s your ideal lover like?
      Right now, I don’t know. :)
  6. Which is more blessed, loving someone or being loved by someone?
      I would say loving someone. At least, you have the capacity to love regardless of the circumstances.
  7. What do you see yourself as?
      Erm, not someone with merely a body :P
  8. If the person you secretly like is already attached, what would you do?
      Take a hammer and break stones? :P Don’t know, haha, I hope I don’t have to say that my only experience that comes close to this involves my mother :P
  9. Is there anything that has made you unhappy these days?
      Although there are plenty of things that make my hair stand, I am happy to answer a ‘no’ to this question. :D
  10. If you had a choice, what kind of family you want to be born into?
      This one! :D
  11. Is being tagged fun?
      Yesh! It forces you to think of yourself.
  12. How do you see yourself in ten years time?
      Not the slightest idea.
  13. Who are currently the most important people to you?
      An entity call ‘Nature’.
  14. What kind of person do you think the person who tagged you is?
      A nice one! [Are you happy with my answer Gail? :P ]
  15. Would you rather be single and rich or married but poor?
      Erm, unfortunately, the latter. Not that I want to be rich as an end itself, but I need it to achieve something. Don’t ask me what it is :P
  16. What’s the first thing you do every morning?
      Thinking of the fact that I’m still alive? :P
  17. Would you give all in a relationship?
      Erm, no. [I'm not a totalitarian!] To paraphrase Reagan, “There is a price I will not pay and there is a point beyond which the lover must not advance.” :P I believe she too would think that way?
  18. Do you live to love, live to hate or live for the sake of living?
      Sorry, my answer is – to seek Truth and to see what I can do :P
  19. What type of friends do you like?
      Erm, all?
  20. What type of friends do you dislike?
      I wouldn’t regard people I dislike as friends. However, I do consider people I like but ideas differ as friends.

Academical Rhetoric?

In the Malaysiakini.com article “We need a more caring, innovative government“, Stanley Koh said,

“Bear the pain, short-term. In the long term, it’s good for the nation,” a typical imagined reaction from any top professional decision-maker.

It is easy for the highly paid – PhD economists, self-claimed “think tank” experts and ivory-towered academicians who in typical fashionable “high-flown” rhetorical arguments taking the side of the government’s decision on the price hike.

Harsh realities

But these can be “thinking tanks with out-hearts.” The harsh and cruel socio-economic realities of the sudden hike will further impoverish the low and middle income Malaysian families and lower their standard of living.

The economic realities can be hard-hitting and are indeed real – the ‘pain’ is beyond intellectual and partisan arguments.

As someone who has written an analysis on this fuel subsidy issue, supposedly in the “academic” way, I must reply to such a claim, point to point, and then some.

“Bear the pain, short-term. In the long term, it’s good for the nation,” a typical imagined reaction from any top professional decision-maker.

We must first distinguish between “processes” and “side effects.” Take healing a disease as an analogy. Someone contracted a cold and would have to take the medicine. But the patient is told that by taking the medicine, he would feel drowsy. He took the medicine, feel drowsy, and recovered.

Look at the processes and how it could be interpreted? One way is that the patient takes the medicine, the medicine takes effect, he feels drowsy first but eventually recovered. Another way is that the patient takes the medicine, feels drowsy and that heals his cold. Yet another is that the patient takes the medicine and recovered, but he must feel drowsy. It is apparent enough, but nevertheless, I should stress that each of these three ways of interpretation is completely different from another.

Similarly, I would like to know how the writer interprets the statement “Bear the pain, short-term. In the long term, it’s good for the nation.” The statement per se is useless; it does not form a complete argument. There are more than three ways of interpreting the statement, depending on the premises employed and flow of the argument. However, the statement, isolated, could be used to great rhetorical effect by painting a very distorted picture of the intention of the fictitious “top professional decision-maker.”

It is easy for the highly paid – PhD economists, self-claimed “think tank” experts and ivory-towered academicians who in typical fashionable “high-flown” rhetorical arguments taking the side of the government’s decision on the price hike.

I have no comments about the feeling of the “PhD economists, self-claimed “think tank” experts and ivory-towered academicians,” since I do not qualify as one of them. But let me describe my economic situation right now. My father is ill and unable to work. My mother earns a three-figure income, but since we ‘operate’ a restaurant, we can have our meals for free. I had a 93-year-old grandfather who I think is reasonable that he is not working. And I am studying in Singapore.

Now, is that easy for me? I won’t say it’s easy, but still manageable. In spite of my situation I conjecture that all the subsidies – not only fuel but education, food, you name it – must be abolished. I also conjecture that we must let our currency float and the purchasing power be fully reflected. This is a tried-and-true method of ending our endless series of problems resulting from greater and greater government intervention as one intervention after another fails – look at Chile in 1970s, the United States in early 1980s. And of course, compare our case with that of Venezuela.

Now to “rhetorical arguments”. From what I understand, “rhetoric” means “the art of harnessing reason, emotions and authority, through language.” Of course academics can make rhetorics – on their personal capacity. Our constitution guarantees freedom of speech. But academics’ speech does not amount to logical argument – a quality “academic arguments” is supposed to have. If I’m not wrong, the writer asked “Did the government “listen” only with their “eyes and ears” (without the heart) to cronies, bankers, economists, “think-tank” rhetoricians?” Well, I would like to question whether the writer equates “what economists say” as “academic arguments”? If the writer disagrees with the viewpoints of some academicians or economists, he should address them directly, instead of hastily generalize academics’ speech as “academic argument”, “rhetorical arguments” and then attacking a strawman. It is ironic that by apparently arguing, the writer himself is writing a rhetoric.

Oh, before I forget, let me share with you an “academic joke” – “rhetoric argument” is actually an oxymoron. “Rhetoric” connotes “lack of logical force”, and argument connotes “logical structure.” It is nice that these two contradictory terms can co-exist!

But these can be “thinking tanks with out-hearts.” The harsh and cruel socio-economic realities of the sudden hike will further impoverish the low and middle income Malaysian families and lower their standard of living.

Aside from the first sentence, which I had attempted to refute above, I agree with the rest of the quote. However I did offer a solution – by letting the ringgit float and its purchasing power be fully reflected. Imports would be bought with full purchasing power, instead of at an inflated price caused by undervaluation of ringgit, as our current situation is. However, this is not a nice context of discussing such a float – perhaps I will write another article about this.

The economic realities can be hard-hitting and are indeed real – the ‘pain’ is beyond intellectual and partisan arguments.

My limited knowledge prevents my knowing methods that could quantify “pain”. However, in economics, losses and gains are quantifiable, and many reports have applied methods of quantifying losses and gains to ascertain whether such and such policies have achieved its intended outcome. Quantifying losses and gains may be far less ideal than quantifying pain, but it is something achievable, and the most consistent way of ascertaining whether harm or benefit has occurred. The pain is indeed beyond academic discussion, so far as I’m concerned – but the losses caused by distortionary policies and economic mismanagement is not.

Something about the title itself – I’m not in need of a caring and innovative government. I simply want a government which does what it is supposed to do – to ensure rule of law exists in the country, and let the people do what they want.

I would like to end by talking a little about my situation. I have encountered too many people who advised me that “you have the potential to go to better places, just leave this country for good and make a better life for yourself” – indeed this is consistent with economic theory, that similar resources tend to agglomerate, and that leads to the brain drain problem. Instead of making a better life for myself, I am participating in such discussions, which, while does not earn me a single penny, has incurred myself an opportunity cost of lost income – clearly not in the best of my self-interest. Yet it is my conviction that such discussion is crucial in preventing the situation of our country from getting worse. My intellectual ability is limited, but nevertheless, I seek to utilize it to the best I could. I believe you too can contribute to the effort of saving the country (now I’m making rhetoric!)!

p/s to the writer: If you’re reading this I hope you’re not angry over me. I’m certainly feeling the same way over some ‘academics’ who misused their capacity in making spurious claims, which appears to be ‘academic arguments’. My aim here is to correct some of your views, to the best I can. It might be convenient to shoot all of them at once, but it’s logically fallacious. There is no free lunch indeed – if we want to advance, we have to work hard!

诗四首

偶有感而发提诗云:

人生苦短数十年,
辛酸苦辣在其中,
欲愿欢愁与爱恋,
泰山鸿毛善恶终.

娶妻生子乃平常,
甘贫守节为不易,
可叹世人为财困,
生为鸡鸭死为猪.

勾心斗角为权力,
百般殷勤盼名位,
不知人生数十载,
来时孤单去时空.

我叹世人为财困,
自身不敌阎王召.
何时更能晓大义,
落得中庸图自在?

A Checklist and Review

It’s been a month into the vacation (since when I started to write about things like this in my blog!?) but it seems that I’ve done little…

What I’ve done? Moved my room; gotten ill and recovered; reviewed the Money and Banking text; been to Kuala Lumpur, Penang :P , Ipoh and Taiping; read Milton Friedman’s Two Lucky People and The Money Mischief and the Malaysian Economic Report 2007/2008; watched the various recorded lectures by Milton Friedman, as well as his series Free to Choose and the book bearing the same name.

What am I doing now? Reading the physical copy of Berkshire’s Annual Report 2007 (again), Churchill’s The Second World War – The Gathering Storm; straddlling the thin ice of domestic politics T_T; tending to the Forum; designing houses that aren’t suppose to exist…

What am I suppose to finish by the end of the vacation? Read Security Analysis 1951 Edition, The Theory of Investment Value, Monetary History of the United States 1867-1960, the six volumes of The Second World War, and accounting texts numbering some 400 .___. ; prepared for and got the level-4000 UE -.-”, written about the government and monetary policies of Malaysia; as well as explored the various possible arrangements for continuing my course of study after graduation, assuming I physically survive till then :P

One month has gone, and if I continue to work at my current pace, it would take ten more vacations to finish all those stuff T_T And if you like, you can consider all my writings above as an excuse, or filling, for not having writing something useful resulting from my laziness…

*** *** *** *** ***

Every person have his/her own unspeakable problem(s), and I am no exception. The difference lies probably in that I choose not to keep secret. It’s rather dumb to save face while hurting oneself emotionally (or whatever else you want to call it); you gain an edge at the expense of another. The importance of the things lost is different; to me, being rational is more important than losing face, hence my preference. It’s good to bear in mind that, while sometimes the tradeoff may seem to be equal, it is not because we forget to assign weights! :P

What’s my biggest problems then? Finance is a problem, intellectual difference with mainstream ideas is a problem, being a vegetarian is a problem, but those are no cause of concern because I believe my fundamentals are right. But being involved in domestic politics is not, because I don’t think the fundamentals are right. In fact, it is because of the wrong fundamentals that I got into trouble for many years, and still in the middle of it. The situation may seem amicable, but this is because nobody crosses the out-of-bounds marker; the existence of such un-threadable territory virtually guarantees disaster. The only question is when such disaster will happen.

Such a disaster had happened once, and lasted some two years. The conflict was across all fronts – finance, intellectual, and dignity. Recalling the series of event now, it was almost nonsensical that the entire confrontation erupted because of someone demanding that I must keep my hair behind certain length, that I must forego tertiary education, and I resisted. [It would be unimaginable if my school had such a requirement! :P ] Simple and easy to understand right? Yet I must stress that the confrontation culminated after years of such suppression. The moment was best expressed by Reagan’s 1964 speech and I quote, that “there is a price we will not pay and there is a point beyond which the enemy must not advance.” The cost was dear and the experience painful, and everyone seem not quite recovered from it. I must admit that I am lucky because the surrounding was not so complex then; everything was quite autarkic then.

But now the situation has changed. The domestic realm has got into contact with ever more agents, and there inevitably had been interactions; the agents unfortunately were also involved in catalysing the previous disaster; and they too understood the subjects that are out of bounds, and observed such a taboo. But there is no guarantee that the status quo will be maintained indefinitely. All it takes to trigger another round of conflict is a simple statement of outrageous demand. I believe the damage would be irreparable if such a conflict happens, because (i) I am no longer that dependent, especially from a financial point of view, (ii) there is an old wound not healed, and (iii) trust between the two parties that is already so delicate would be destroyed all together. Just to give you an idea of the seriousness of the situation, last time I contemplated a deed unilaterally severing my relations. There is no guarantee that such a thing won’t happen, under a much more adverse circumstances, with odds much more unfavorable towards reconciliation.

Okay, maybe it’s time to update my little story :P

*** *** *** *** ***

To me, such an event is not a shortcoming; it gives me a good preparatory course in handling such problems in the future. I also won’t be so soft; it never stops to amaze me to observe how youngsters nowadays are being over-indulged by their parents, and placing an unduly heavy emphasis towards material achievement. But I learned how dangerous this approach can be. It is never prudent to grow complacent by placing too much trust on someone without understanding fully the fundamentals of such a trust. Of course, if you could understand why you can trust someone, you trust him/her wholeheartedly, without reservation. I regret that many people misconstrued what I said as ‘you should diversify by not placing too much trust on a single person’ :( Regret, but not disappointed. Such misunderstanding is too common in the world we live in.

*** *** *** *** ***

Although I am aware of all the shortcomings of this world we live in, I am ever optimistic of the future. Logic and reasoning does not sound attractive, but offers the best hope in which misunderstandings and arguments can be resolved. Linguistic skills are also very important. [Ever heard of Ronald Reagan, Milton Friedman and Winston Churchill? :D ] Only these two combined can a logically solid argument be embraced by the people. Unfortunately, as of the current moment, I lack both T_T… Hopefully the writings can give me some training, hehe…

Btw, I had shifted the focus of this post quite a lot huh? :P


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