https://dchua.com/tags/economics/ Recent content in economics on davidchua Hugo -- gohugo.io en-us Wed, 21 Dec 2011 00:00:00 +0000 https://dchua.com/posts/2011-12-21-free-the-taxi-industry-liberalize-the-market/ Wed, 21 Dec 2011 00:00:00 +0000 https://dchua.com/posts/2011-12-21-free-the-taxi-industry-liberalize-the-market/ With 4 out of 5 of Taxi Operators here in Singapore, announcing that they will be raising their prices in tandem with ComfortDelgro, perhaps it is time for us to start thinking about how we can liberalize the market again to bring some form of real competition into the picture. Bring back the Yellow-top taxis. Allow individuals to own their own vehicles again. Let them set the price. Let them decide how to conduct their business and then we’ll have a real free market.