The Economics about Banning Political Films
I have been thinking about the political films discussion that took place during the Seminar on Internet Regulatory Reform. Two of my colleagues, Alex Au aka Yawning Bread and Gerald Giam have voiced their opinions about section 35 in the Films Act and their reaction to the comments made by Mr Cheong Yip Seng, the Chairman of the Advisory Council on the Impact of New Media on Society (AIMES). Alex Au is worried that AIMES may be trying hard to justify why section 35 should stay after hearing Mr Cheong's point about the high impact factor that a political film can sway how people think after his visit to a conference in Canada. To reinforce his point, Mr Cheong also cited that Japan and Korea were the other two countries that banned political films. On the other hand, Gerald took a different position by arguing that the political films act benefit PAP more than the other opposition parties. In this post, I adopt the relationship between the demand & supply with the impact of a political film to explain why banning section 35 is a worse option for the PAP to stay in power.
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Yesterday, upon reading many interesting reviews about this movie