Thursday, January 26, 2006

Nation Performance

new day and new issue...I've been reading a lot on our economic performance lately and I got to say we have done pretty well up until this moment. World Economic Forum has ranked us 24th in terms of Growth Competitiveness Index for 2005 and the overall ranking:Finland15.941à0United States25.812à0Sweden35.653à0Denmark45.655ä1Taiwan55.584æ-1Singapore65.487ä1Iceland75.4810ä3Switzerland85.468à0Norway95.46æ-3Australia105.2114ä4Netherlands115.2112ä1Japan125.189æ-3United Kingdom135.1111æ-2Canada145.115ä1Germany155.113æ-2New Zealand165.0918ä2Korea, Rep.175.0729ä12United...

Tuesday, January 24, 2006

Engineers/Scientists are losers?

To become a qualified engineer or scientist is not that easy. But do all the hard works to become one are really worth it? After all based on the following theorem...taken somewhere:Dilbert's "Salary Theorem" states that "Engineers and scientists can never earn as much as business executives, sales people, accountants and especially liberal arts majors." This theorem can now be supported by a mathematical equation based on the following two well known postulates: Postulate 1: Knowledge is Power. Postulate 2: Time...

Monday, January 23, 2006

income distribution inequality

You think we have progessed so much for the past 20 years. Yup, no doubt about that and I'm glad we still progressing despite financial crisis that hit us in 1997. But do u know our nation ranks among the most unequal societies in Southeast Asia in terms of income distribution. Well get this: only 10% from the population earn rm 5000 and above (and this group of course held majority of nation's wealth) and majority 60% - 70% only earn RM2000 and below ....considering cost of living in Malaysia steadily rising over the years, this people will face...