By Nonoy Plas, Minimal Government Thinkers, Inc

Original article - http://funwithgovernment.blogspot.com/2013/05/efn-asia-19-chatib-basri-as-new-finance.html

Topic of the article adjusted by EFN Asia

A friend whom I met during the Economic Freedom Network (EFN) Asia conference in Hong Kong in 2004, Chatib "Dede" Basri, has been appointed yesterday as the Finance Minister by Indonesian President Susilo Bambang Yudhoyono.

In his presentation nine years ago in HK, I remember that two of his slides showed a quote from Adam Smith,

[The rich] consume little more than the poor… They are led by an invisible hand … and thus without intending it, without knowing it, advance the interest of the society, and afford means to the multiplication of the species.

And from Milton Friedman, something like "The politicians and bureaucrats, they are led by an invisible hand and without intending it, without knowing it, advance their own interest over that of society."

By Bacchus Barua and Mark Rovere

The Fraser Institute's 21st annual waiting list survey finds that the total waiting time between referring to a general practitioner to a delivery of medically necessary elective treatment by a specialist has risen from 18.2 weeks in 2010 to 19 weeks in 2011. At 104 percent longer than 1993, this is the longest wait time recorded since the Fraser Institute began measuring wait times in Canada. Moreover, when compared to Australia, Germany, New Zealand, the United Kingdom, and the United States, 'Canada ranks last next-to-last on almost all measures of timeliness of care.'