“Table of Contents”
OVERVIEW: An Impression of President Aquino During recent Japan Trip
CHAPTER I. 16 Statement of Beliefs about the Philippine Economy
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1. Role of government is to create wealth, not redistribute wealth
2. Trade and Technology is a Positive Sum Game
3. Government intervention is a zero sum game
4. The Government cannot spend its way to Prosperity
5. No Country ever became prosperous because of aid
6. Too much Jam today. No more jam tomorrow
7. The way to lower population growth is to give jobs and security to women
8. Having Rich Resources can be a Curse
9. Make people’s self interest work for the country
- a.) How Deng aced Mao Ze Dong by Recognizing Self Interest (NEW)
10. Don’t count on other people to look after your interest
11. A Skilled Immigrant or Expat is not your enemy, but your friend.
12. Sending your best people overseas is the Lousiest way to earn dollars
- a.) The OFW phenomena Makes us susceptible to Dutch Disease
13. Productivity is what improves income and standard of living
14. The way to Prosperity is by working harder, not having more holidays
15. A country can never have too much Investments
- a.)A company can earn more for the government than for its investors (NEW)
16. Competition is Stressful, but there is no Other Choice
CHAPTER II. Myths Revisited
1. Developing our Human Capital
- a.) Philippines Losing Billions to Intellectual Property Theft
- b.)The culture of Dependency and the Search for a Savior (NEW)
- c.)Aspire not only for Quality of Education, but Quantity as well (NEW)
2. On the Government’s Role
- a.) The Problem is not the Democracy, but the type of Leader our Democracy Produces (NEW)