Australian Prime Minister Kevin Rudd gave a lecture about international relations involving Australia,USA and China. He is very optimistic about the role of the United Nations and the important status of China in East Asia. US Treasury Secretary Paulson is going to China. Both leaders are very positive about the economic clout of China in the days to come and the only way to have peace in the world is to cooperate and collaborate with China in the name of globalization in the 21st century. Needless to say,economics breeds repercussions to other fields such as political,military,scientific and educational exchanges especially trade relations for mutual benefit to enforce the Law of Comparative Advantage.
April is National Poetry Month,established by the Academy of American poets as a month-long national celebration of poety. The goal of the Academy is to increase the attention paid to the art of poetry. It is high time to recognize the fact that the art of poetry is related to the field of economics since economics covers every aspects of human behavior. As such,economics is behavioral science dealing with human behavior of all folks in all nations on earth for the goal of economic development and human happiness in the name of economics. i.e."jingji" in Pin Yin.
Cf. "A Glimpse of the Chinese Language" for details. www.rand.org or www.Amazon.com online book catalog for reference.
Francis Shieh a.k.a. Xie Shihao,meaning "thanks from a hero of poetry" in Chinese characters for my name in Pin Yin system of romanization. However,I am not a poet but I do strive for intellectual utility with real joy in learning economics. No Fooling on April 1st,the day for fools if folks do not pay attention to Economics,the very subject for all concerned. April 1, 2008 at 7.22 a.m.