Island abuzz over ‘please-all economics’


A COMMENTARY warning of the dangers of “please-all economics” in Singapore has sparked discussion about the growing demands on the government purse, with even Prime Minister Lee Hsien Loong weighing in on the trade-offs between welfare and prosperity.

Lee’s Facebook post was prompted by an article by Reuters columnist Andy Mukherjee published in The Straits Times last Saturday, entitled “The perils of please-all economics”.

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