Archive for March 17th, 2009
The Marriage of Politics and Economics
Image source: republicoft.com
By Jennie S. Bev
Politics and economics make an incredibly sexy partnership. Their erotic affair is based on influencing people, getting them to respond to desires. According to Thomas Sowell, a Stanford-based economist, political decisions tend to be categorical or unconditional, while economic decisions tend to be incremental or progressive. Citing Otto Von Bismarck, politics is the art of the possible. Thus, how well politicians and economists work together to create public prosperity is the measure of a successful government.
In the case of the United States, a successful government translates to one that spreads its influence in the most effective way possible. In Indonesia’s case, success means surviving the challenges posed by the wave of globalization. Read the rest of this entry »
