Friday, October 2, 2009

Washington Post,Oct.2, 2009

Page A20: "Indeed, market growth...and capital flows around the world helped raise people out of abject poverty..." Harry Holzer wrote letter to the editor. Comment: World Bank and UN paid tribute to China to reduce poverty under the market system. Here we detect Sino-American Economics in a nutshell.

Page A15: Steven Pearlstein wrote:" Capitalism has proven the least-bad economic system at correcting its own excesses." Comment: Perhaps Simplicity would be the remedy for recharging the spirit of folks to readjust the lifestyle re ethics and morality in philosophy.

Francis Shieh a.k.a. Xie Shihao on October 2, 2009 with reflection of economics in the West and in the East for humanity.

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