
The port of Manila
When I was here last year, The city fathers had to adjust traffic flow to relieve congestion at the port. The new regulations were disastrous, and traffic got worse. Containers full of stuff rotted on the docks.
This time, the city fathers have adjusted traffic rules to accommodate delegates to the Asia-Pacific Economic Cooperation (APEC). The new regulations are, so far, disastrous…
Note to the learned and powerful economic planners at APEC: however beneficent your ideas may prove in the long run, in the short term you’ve lowered productivity by an appreciable margin.
Aside: The gray building on the water left foreground is the U.S. Embassy.









