Inequality: Taking the Bull by the Horn
AS I stated in my Other Thots column in the Sept 16 issue of the Malaysian Business magazine, I am lucky to be in the company of many illustrious economic gurus and commentators.
Among them Ungku Abdul Aziz Ungku Abdul Hamid, the iconoclastic former Vice Chancellor of University of Malaya, Kamal Salleh, the late Dr. Mokhzani Abdul Rahim, the late Dr Ismail Md Salleh, Rama Iyer, Thong Yaw Hong, Dr Rais Saniman, the late Dr Mahani Zainal Abidib, Dr Jomo Kwame Sundaram and the Datuk Dr Zainal Aznam Yusof.
They were committed to their craft and were willing to be unpopular with the establishment by telling the truth. Despite that, many were co-opted into government committees and commissions, especially during the periods of the late Tun Abdul Razak Hussein and Dr Mahathir.
But these days I hear that economists and private sector managers who are engaged by the government are behaving as badly as their political masters. They are more concerned with protecting the government’s image than telling the truth about the state of the economy.