The approach of summer in the UP Diliman area where I have spent a large part of my life reminds me of the rustic life and its benefits. Read the rest of this entry »

While the politicians grab at each others’ throats to take credit for (or take credit from) the economic results, the truth is that the government may have very little to do with economic activity outside of the broad framework of regulation and incentives. Read the rest of this entry »

MANILA, Philippines – Two government agencies and a business group – the Philippine Council of Students in Intrapreneurship (PCSI) – signed a Memorandum of Agreement (MOA) that aims to boost community projects that would provide livelihood opportunities dubbed “Youth Entrepreneurship Support Project (YES).” Read the rest of this entry »

Economists call it the underground economy. I think the more descriptive term is guerilla economy. Even after an economic crisis melts into a more normal economy, significant portions of our people remain in underground economy mode. It is as if we are in a perpetual state of war. I guess we are… war on poverty. Read the rest of this entry »