tag:blogger.com,1999:blog-6297413898275266606.post7092983101924225504..comments2024-03-27T18:15:59.096+08:00Comments on Economics Malaysia: Price Controls and Subsidies Distort Markets: Sugar Editionhishamhhttp://www.blogger.com/profile/06265308095732759923noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-6297413898275266606.post-50756109463101168312011-11-24T22:52:36.066+08:002011-11-24T22:52:36.066+08:00Try my email (in my profile page).Try my email (in my profile page).hishamhhttps://www.blogger.com/profile/06265308095732759923noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-58399111168800794362011-11-24T21:18:46.940+08:002011-11-24T21:18:46.940+08:00Salam, I'm a student doing my Phd around obesi...Salam, I'm a student doing my Phd around obesity prevention policies. I'm focussing on modeling of sugar subsidy removal as a means to curb obesity in Malaysia. I would appreciate it very much if anyone can help me in understanding price control, subsidies, price elasticities and sugar subsidy itself. My background is in nutrition sciences and I'm finding in difficult to understand Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-77179003002574174832011-03-20T23:34:14.274+08:002011-03-20T23:34:14.274+08:00Thanks for the constructive comments - believe me,...Thanks for the constructive comments - believe me, I value any input that puts greater knowledge out there where everyone can see, and especially if it corrects my own knowledge and perceptions.<br /><br />No, I wasn't aware about the timing of price controls on sugar. But then I wrote this post mainly to make the point about price controls being generally sub-optimal and having potentially hishamhhttps://www.blogger.com/profile/06265308095732759923noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-40697737574629757862011-03-19T18:14:58.324+08:002011-03-19T18:14:58.324+08:00I wish your analysis could have started from the s...I wish your analysis could have started from the source of the problem. Sourcing of sugar is a complex and changing issue. This problem often gets lost in all the outrage of have government intervention.<br /><br />Price controls are not meant to be artificially set below market prices. Timing was just bad when the new Long Term Contract for sugar was sealed..2009. The year of bailouts around theAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-39814754951456726872010-07-13T08:24:06.055+08:002010-07-13T08:24:06.055+08:00Interesting, thank you. For everybody else:
http:...Interesting, thank you. For everybody else:<br /><br />http://mises.org/store/Forty-Centuries-of-Wage-and-Price-Controls-P566.aspxhishamhhttps://www.blogger.com/profile/06265308095732759923noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-67265338015033201922010-07-12T18:45:47.118+08:002010-07-12T18:45:47.118+08:00Maybe we should read "Forty Centuries of Wage...Maybe we should read "Forty Centuries of Wage and Price Controls"Unknownhttps://www.blogger.com/profile/17469471437506654759noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-11793846244821348432010-06-10T17:31:52.487+08:002010-06-10T17:31:52.487+08:00I'll try to find some time if I can to accommo...I'll try to find some time if I can to accommodate.<br /><br />The short answer is that you're really looking at two very different scenarios that required different policy responses. The IMF's mistake was to assume that all crises are alike. We shouldn't make the same error.<br /><br />On the other hand, the competency of the media to evaluate policy is, shall we say, a little hishamhhttps://www.blogger.com/profile/06265308095732759923noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-21916414207582313912010-06-10T12:01:40.151+08:002010-06-10T12:01:40.151+08:00Ha ha.
MSM means Main Stream Media.
I remembered...Ha ha.<br /><br />MSM means Main Stream Media.<br /><br />I remembered reading some articles from MSM saying that Mahathir had made a very, very right choice in bailing out the failing big companies then.<br /><br />He blasted the so Washington Consensus, IMF kind of remedial policies saying that the public will be hurt by those govt deficit cutting programs. Indeed, what Najib is doing now is Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-80985115718696043552010-06-10T00:31:37.805+08:002010-06-10T00:31:37.805+08:00Hi Mamat,
What exactly is MSM? I'm not famili...Hi Mamat,<br /><br />What exactly is MSM? I'm not familiar with the term.hishamhhttps://www.blogger.com/profile/06265308095732759923noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-3245351023355818742010-06-09T13:06:33.105+08:002010-06-09T13:06:33.105+08:00Narratives... what a nice term.... Naratives from ...Narratives... what a nice term.... Naratives from the MSM that is....<br /><br />I remembered that during the 1997 and 1998 economic crisis, the story from the MSM is different.<br /><br />Can you make a graphical story out of this i.e. comparing the situation in those years to today's<br /><br />That may a good topic for a thesis, but I don't know if any of my students are up to it...<brAnonymousnoreply@blogger.com