Washington Post, Nov. 2, 2008 page B3:
Good Old American Value: Adam Smith as a professor of moral philosophy and Good Old Chinese value: Confucianism. Common Ground for Sino-American Economics as I envision.
"The Latin word "valere" meant "to be strong, be well, be of value" and is related to "valiant." Perhaps a person with good value should be courageous to fight the evils in any society with such annotation.
"Values become a popular term in the United States mostly in describing the kinds of ideas and customs that are specific to or relative to various societies or culture.
Basic values, properly understood, are compatible and harmonious." as published in the WashPost today.
China encourages and promotes a harmonious socity. Here the twin of the West and the East shall meet in the 21st century apropos of Sino-American Economics in every respect of Moral Economics with Ethics as the aphorism.
Francis Shieh a.k.a. Xie Shihao, a lifelong student of economic philosophy as the issue of economics in the world.
November 2, 2008 at 10.38 a.m.
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