Seeking an Equitable Way to tackle Inequality
There are no short-cuts to ending economic inequality or disparity. This problem cannot always be addressed through the market mechanism and therefore government intervention is needed. But for this to succeed, it must be done in a way that is consistent and based on sound economic principles.
But what we see now is precisely the opposite: the administration of Joko Widodo has fallen for a populist approach, seeing it…
Two weeks have passed, and the cargo ship MV Ever Judger has not left the waters of Balikpapan Bay in East Kalimantan. This ship, which sails under the flag of Panama, should have set sail on March 30, leaving Balikpapan with a cargo of 74,000 tons of coal, headed for Lumut, Perak, Malaysia. The captain had been authorized to leave by the port authority.