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Tag Archives: Virtuous Economic Cycle

The Fallacy of Malaysia’s Economic Realities and the Foreign Workers

Professor Robert Merton, one of the founding fathers of modern-day sociology argued that “a false definition of the situation evokes a new behaviour which makes the original false conception come true”. We are accustomed to several economic facts that we accept as the norm, although it might be different elsewhere. It is embedded in our mind that farmers and fishermen …

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