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Fiscal Priority: Between ‘Must’ and ‘Want’
Priority issue is an important theme when discussing Indonesia's fiscal challenges ahead, when so many plans have been made. Sadly, we find that the pandemic has left a deep scar on vulnerable groups.
Thomas Sowell, an economist at Stanford University, may have a sharp tongue. He said, “The first lesson of economics is scarcity: There is never enough of anything to satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics.”
Sowell may be overly cynical, but economic policy is ultimately a matter of choice.