Sunday, May 4, 2008

"Economics for Dummies" By Sean Flynn

The author is a student of Nobel Laureates Akerlof and McFadden. www.Wiley.com
www.learn-economics.com He is on the faculty of Vassar College in New York now.

Economists may be ridiculated by some as being overly academic but not realistically practical with assumptions. I would claim to be a dummy i.e. "Shagua" in Pin Yin because the subject matter may be "Shahua" implying economic controversies!

Economics is all about humanity's struggle to achieve happiness in a world full of constraints without borders and limits in terms of globalization. China is the most populous nation in the world so China's economy should be of interest to the USA as the most developed nation in the world.

The ultimate success is the contribution that economic activities are made for the wellbeing of humanbeings on earth. How relevant in this regard!

Francis Shieh a.k.a. Xie Shihao on Sunday,May 4th 2008

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