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The long march to the future economy

While govt should sweat the big stuff, a less interventionist approach on the small stuff will probably serve Singapore well.

Society must adapt to celebrate creativity over conformity, learning over success and failure, and weighing expected costs against expected benefits.

THE Long March was an arduous trek through some of the toughest terrains in China, which allowed Mao Zedong's Red Army to escape Jiangxi after massive losses at the hands of Nationalist forces. It required innovative ways of thinking that allowed Mao's battered forces to regroup and recover.