Washington Post,August 20, 2009 on page B6: Economist wrote bestsellers with husband Milton Friedman of the University of Chicago. I met Milton Friedman at the RAND Corporation in 1960s in Santa Monica,California when I was doing research in the Department of Economics.
Milton Friedman, the Nobel Laureate in Economics,(1976) passed away at age 94 and Economist John K. Galbraith of Harvard University died at age 97. Economists lived long lives to optimize and maximize their longevity. However,readers online for www.Sino-American economics can live to be centenarians due to the laughters that would cause longer living to make 100. My uncle passed away at the age 99 in Shanghai, China. He was an auditor at AIG.
Milton Friedman stressed the private sector as a monetarist after Irving Fisher and John K. Galbraith was alerted to public sector with positive and negative externalities. I am inclined to endorse Prof. Galbraith due to the realities of economics in evidence as I have sent many blogs to that effect. A book review of "Almost Everyone's Guide to Economics",published by Atlantic Economic Review,September 1979 may be searched at www.Atlantic Economic Journal online.
Books are complete when the results are shared with scholarly community. Although such sharing is accomplished in various ways, both economists meant to communicate with the readers for their views as professional educators in Economics re the science of changes and choices ad infinitum.
"Work and Study Cycle Theory" was written in 1978,for workers to continue their lifelong education to enhance productivity. Such investigation made contribution via meticulously prepared, carefully reviewed endeavors for the academic community.
The writing for "Keys for Economic Understanding""Keys to Economic Understanding" and "The Future of Community Colleges" published in the Congressional Record,July 18, 1974 was tedious but the intellectual rewards of such publications would be significant for the field in Economics.
Francis Shieh a.k.a. Xie Shihao, an octogenarian student in economic science to live and to learn with joy as a learner with upbeat attitude and positive scenario for living in the mundane world with the motto of "to optimize and to maximize" things in life in the light vein.
Thursday, August 20,2009 at the Base Library at 1 p.m.
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