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Portrait of Valentino S. Bagatsing

Valentino S. Bagatsing

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Industrial policy versus the 3 Gs

Industrial policy versus the 3 Gs

Industrialization needs educated citizens, which is precisely why the patrons of the three Gs never wanted it.

COP 31 and Pax Silica

COP 31 and Pax Silica

If Pax Silica, with its data centers and other strategic facilities is to be built, let it come with its own renewable power, resilient transport, and water…

Bretton Woods and multilateralism’s end

Bretton Woods and multilateralism’s end

The irony is hard to miss: Japan, the defeated aggressor, was rebuilt, while the loyal brown brother that bled at Bataan was exploited.

Amoral familism and dynasties

Amoral familism and dynasties

The Philippines has elevated impunity into an art form, aided by a weaponized legal system and an electorate acclimated to mediocrity.

Animal spirits or a Mug’s game?

Animal spirits or a Mug’s game?

No investment brochure can beat the mugshot of a convicted plunderer. More importantly, it demonstrates self-respect.

Captured: The economic cost of informality

Captured: The economic cost of informality

Nobel laureate Mancur Olson argued that prosperity depends on secure property and contract rights protected from predation from within and without.