Bush seeks to calm down the folks with a speech to the Chamber of Commerce on Oct.17, 2008 at 10 a.m. But the market is still turning southward due to anxiety and fear of a serious recession in the days to come.
Wall Street Journal,Oct.16,2008 on page A14:
Leo Linbeck wrote to the Editor: "The economy as ecosystem: A better understanding and appreciation of the highly complex nature of the economy is derived from using metaphors occurring in nature which are in essense organic. If one were to seek an understanding of the economy by thinking in ecological terms, one would be less inclined to interfere with its working out of a respect for its complexity." I sent my prior blogs about aesthetics i.e. the environment and our surroundings with the sense of beauty. For human behavior,however,duplicity should be mentioned with interdependence(nexus) to predict or model the behavior of the economy in a precise manner. "A large measure of humility should accompany any thought of managing the economy through overt interference with its workings. As in nature, nurture would appear to be a virtue, not command and control." Leo stated.
My comment: I am always a student trying to learn from others everyday. I believe such attitude is correct.
Ben Moore wrote a letter to the editor: "As an American and be proud of USA. I have every confidence in the productivity of the workers here." For the benefit of the readers, "Work and Study Cycle Theory" is aimed at productivity in USA,China and other nations.
Francis Shieh a.k.a. Xie Shihao,a reader to try to learn the thoughts of other folks. October 17, 2008 at 11.08 a.m.
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