Economics is to be integrated and incorporated into the context of global perspective in the 21st century with the traditional economic principles and policies. Recent events have made this approach more imperative. Economies of nations are interrelated and that should be understood by readers of Sino-American Economics.
Economic happenings cause additions, deletions, and modifications of issues in societies. Data should be updated to include the latest available economic statistics with reservations for discrepancies. We wander around in the trees(micro) to see the forest(macro) with nebulous views. There is no pat answer per se and we are searching for the optimum in the academic community for scholarly endeavors.
The successful features must have enhanced relevance and real-world cases. "Work and Study Cycle Theory" may be validated and implemented in the USA and in China apropos of productivity with improved technology. In other words, productivity determinants may be referred to labor quality,technology innovation,energy prices,shifting from manufacturing to service industries and financial market developments as we shall envision in the days to come in the real world.
Francis Shieh aka Xie Shihao on Saturday, December 19, 2009 under record blizzard in Maryland with cold weather. However, if we have warm hearts,we can still have positive attitude to be happy on earth in the mundane world. At 9.46 a.m.
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