Rise of the Meritocracy

Singapore.The Stagnant Society?

Many years ago I remember seeing a book entitled “The Stagnant Society” which was about the relative decline and low growth rate of the UK.  As a result living standards […]

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Fat Tails and Unknown Unknowns

The Pulau Bukom refinery fire is finally out and fortunately with no loss of life. For Shell though, their biggest refinery is out of action, possibly for an extended period. […]