“[…] The accusations of political or cultural bias against our judges are simply not warranted on the facts which I have also researched and documented—and to the extent that it may exist, is certainly no worse than any other jurisdiction, even the United Kingdom. “Let us stop falsely accusing our …
Read More »Dr Farrell: Muddy Silk—why flawed process harms deserving recipients and even T&T society
“[…] The late Basdeo Panday told us that ‘politics has a morality of its own’. That characterisation is certainly true of the practice of politics, well-known for back-stabbing, lying, and hypocrisy, here and indeed everywhere. “[…] But surely there are some areas of national life which should remain uninfected, if …
Read More »Fifa confirms TTFA elections on 13 April; Dr Farrell to oversee process
The Trinidad and Tobago Football Association (TTFA) will hold its first presidential election in over four years on Saturday 13 April 2024, according to correspondence from the Robert Hadad-led Fifa-appointed Normalisation Committee. The suggested date was proposed to members two weeks ago but is now confirmed by the Bureau of …
Read More »‘No reputable economist would suggest privatising WASA!’: Dr Farrell on WASA, VMCOTT, the fuel subsidy and lay-offs
“[…] No, no—WASA should not and cannot be privatised! There are some entities which are what you call in economics, natural monopolies. For an economy like Trinidad and Tobago, the production of water is a natural monopoly and the state should do it. “[…] We are going to give WASA …
Read More »‘The numbers don’t add up’: Dr Farrell on Covid, costs, challenges and consequences
“[…] Non-energy revenues have fallen in 2020-2021 and for next fiscal, 2021-2022, it is going to be worse—partly because people pay taxes on the previous year’s numbers and partly because the recovery is going to be slower than expected because of the state of emergency and the impact of the …
Read More »Noble: Who really cares? How shallow protests ignore chance for real change
‘Poor children are victims of circumstance/ In life they never really get a chance/Or have opportunities as privileged children do/ The road from the poor suburb to prison leads them/ From broken homes they are condemned to fail/ Their abusive and drug-addicted parents serving time in jail/ Their parents too …
Read More »Dr Farrell: No Sacred Cows revisited; understanding the PNM’s assault on Central Bank
“[…] The PNM administration seems allergic to institutions which are independent within the executive and run by unelected persons. “It is clearly one of the reasons for the pre-emptive assault on the Office of the Procurement Regulator rendering it a eunuch, so that the hands of elected ministers will not …
Read More »Dr Farrell: Gov’t must reform labour market NOW, as rising unemployment meets global pandemic
“So we can assume that the restrictions now in place worldwide will only be lifted gradually over the next 12 months. Some semblance of normalcy will not return until the middle of 2021. “There is no way that the private sector and the government can carry the labour force for …
Read More »Dr Farrell: Covid-19 and falling oil and gas prices made perfect storm; and T&T’s not ready
“[…] Ultimately policy is made by politicians who of course, may have other considerations which influence their decisions. However, just as it would be folly for politicians to ignore the advice of medical professionals in dealing with the coronavirus public health crisis, so too the laws of Economics are inexorable. …
Read More »Noble: The way out of our mess; what Espinet firing says of our political leadership
Shoshana Zuboff (2019) points to ‘the oldest political questions: Home or exile? Lord or subject? Master or slave? … eternal themes of knowledge, authority and power’. This week, with the firing of Wil Espinet, we are confronted with the same issues. Saddened by the crime situation and having had to …
Read More »Murder she wrote: Mills and Crime; why blame for media coverage should be spread around
The insightful story by Suzanne Mills about her mother’s struggles is useful to highlight how the media wrestles with framing the large issues of life. It raises the issue of how we define who is a good editor. Is the metric the profitability of the media house, or is it …
Read More »Noble: For Better or Worse? Why proposed NSI Bill won’t provide statistics we need
Official statistics seeks to inform the public about social and economic matters and helps develop and evaluate public policy. It is the foundation for a properly run society. In 2014, the IMF bemoaned: “Growing statistical shortcomings have rendered the conduct of surveillance ever harder and must be addressed.” In other …
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