Thursday, October 15, 2009

Economy does not exist in a vacuum...

It needs to be placed in an overall historical context as well as a numerical context of human behavior e.g. lifestyle,which is not measurable. Lifestyle demands ethics and morality.

As an octogenarian graduate student who arrived in the United States in 1947, I have witnessed institutional changes that make better sense of theories that are relevant to the changing society.

"Work and Study Cycle Theory" www.ask.com may be validated and implemented in the US and China to enhance productivity for economic growth. "Keys for Economic Understanding" Cf.(www.Borders used books) is designed for training of skilled labor that is in urgent need in the 21st century.

Economic downturn affects some folks and the positive philosophy of life should be instilled in the minds of folks to live with faith,hope and love in the mundane world.

Francis Shieh a.k.a. Xie Shihao, a lifelong learner of economic philosophy on Thursday, October 15, 2009 at 5.20 a.m.

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