Tuesday, April 15, 2008

The Unconventional Wisdom of Economics by Steven Lansburg

Paperback is published by Free Press,New York. April 2008

This is classical Landsburg: original,arresting 'obviously wrong' and actually entirely correct!

The author is provocative and playful in his mission to demonstrate how an understanding of economics will change the way we live our daily life. Cf."Keys for Economic Understanding" www.ask.com for information. "Yi ren wei ben" in Pin Yin implies dedication to human beings. Such meaning in Chinese language shares the same rational for understanding economics under the true spotlight everyday.

Economics is not the study of money, it is the study of value. Everything is determined by our value but lifestyle of the Chinese people is different from the folks in USA. The science of everything is what economics is. That covers all the field in every nook and corner for homosapiens. Here is the common ground of Sino-American Economics in the real world. National stadium in China for Olympics is worth 75 billion as published in the Business Week,April 21, 2008 issue.

Francis Shieh a.k.a. Xie Shihao. April 15, 2008 at 1 p.m.

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