I’m so proud

My first appearance in Bahasa:

Indonesia Lebih Membutuhkan Pembangunan, Bukan Pemerataan Kemiskinan
Sindikasi Tim Worstall | 3 Feb 2019 | Read 5246 times

An old Forbes piece translated but still….

10 thoughts on “I’m so proud”

  1. The word “Bahasa” in English is sometimes used to refer specifically to the Malay language (especially its Indonesian variety) … This usage is of colonial origin … is considered incorrect by some.

    Quoth WKPD.

  2. Can recall a daily tv programme “Belaja La Bahasa Kebabsaan” (hope the spelling is correct – it WAS a long time ago) in Singapore during the 60’s. It was one of Lee Kwan Yew’s plans to try and bring the Malay, Chinese, Indian, and English speakers closer together for national unity during the Confrontation with Sukarno’s Indonesia. I learnt enough to translate the Malay into English while watching the film “King Rat” back in the UK, though failed miserably with the Japanese!

  3. OT, but Murphy has posted a hilarious exchange between himself and Jonathan Portes and Simon Wren Lewis where Murphy claims to be the victim of patronising and abusive treatment by them.

  4. BraveFart,

    I thought the Prospect article by Portes was quite good and it did give Murphy a bit of a mild kicking:

    Here’s where the proponents of MMT end up tying themselves in knots. Murphy says: “Experience in recent years has suggested that total tax revenues should be less than total government spending or additional money supplies required to ensure the liquidity to permit growth is not present in the economy. The differential expressed as a percentage of GDP might well be close to the desired inflation rate.”

    If this means anything coherent at all—there seems to be a misplaced “not,” but even so the logic or economics here baffles me—the implication is that the government’s debt should over time grow broadly in line with nominal GDP, with ups and downs reflecting
    cyclical movements in the economy. But this is about as orthodox a policy prescription as you can get. It’s certainly entirely consistent with what Wren-Lewis and I have written. So in the end MMT, having begun by arguing that a conventional fiscal rule is a neoliberal plot to entrench austerity, seems to end up in much the same place.

    Worse, it’s easy to point to circumstances where on the face of it a naïve MMT-based approach would have pointed you in precisely the wrong direction for the short term. For example, in 2011-12, when inflation rose sharply, even as the economy remained weak. Wren-Lewis and I argued strongly at the time that deficit reduction should have been slowed, not accelerated. MMT—unless you reintroduce some more orthodox thinking via the backdoor—would tell you the opposite.

  5. The blokes who do that site themselves call it Bahasa. So I’m happy to go along with what the indigenes call it…..

  6. ‘Tim Worstall adalah fellow di Adam Smith Institute in London, sebagai penulis di pelbagai media dan Ia juga expert global Metal Scandium, material langka di bumi.’

    Indoglish?

  7. “The blokes who do that site themselves call it Bahasa. ” Well of course they fucking do. That was the point of my comment: WKPD as a den of vicarious offence-takers.

    Really, must we stoop to Yank levels of explaining wry comments, as to children?

  8. Most Indonesians I know call their language Bahasa Indonesia, which is natural since Bahasa means language and Indonesia means Indonesian.
    They call the English language Bahasa Inggeris.
    They call the French language Bahasa Perancis.
    And so on.

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