Washington Post, Sept. 30, 2009: Page A23: Cf. "Keys for Economic Understanding" www.ask.com for reference.
"The problem with economists with the purer strain of free-market economics associated with the University of Chicago is not simply that it failed to predict the near collapse of the world financial system last year. The problem is that it believed such a collapse could not happen, that all risk could be quantified by mathematical models and that these quantifications could help us correctly price just about everything.(sic) Professor Galbraith challenged such and I do concur.
Every nation, no matter its economic or political system, has followed Keynes's prescription for combating a major downturn increasing public spending to fill the gap created by the decline of private spending. That is why the world economy seems to be inching back from collapse and why the nations that have spent the most, China in particular, seems to be recovering fastest."
Comment: The Keynesian Cross Model can be found in China's crossroads with externalities.
In the 1970s, economist Robert Lekachman observed that economics students had to master so much mathematics that they became emotionally invested in teh idea that the math they had learned explained - had to explain - the universe. It is high time to call for courses in macroeconomics with another disciple - history or psychology - to expose the comolexities of human institutions." I have sent my blogs in the past to stress human behavior and philosophy of life to understand the nature of economics.
"If mainstream economics does not change, it may eventually face the worst of all fates: market failure. How many students want to spend their lives quantifying a world that does not exist?"
Book Review of "Almost Everyone's Guide of Economics," published by Atlantic Economic Journal,Sept. 1979 www.bing.com for reference.
Francis Shieh a.k.a. Xie Shihao, a friend of Professor John K. Galbraith, had the same reasoning and raised such query more than three decades ago. Delighted to see the article sharing the identical rationale today. Sept. 30, 2009 at 5.32 p.m.
Wednesday, September 30, 2009
Tuesday, September 29, 2009
Purposeful character with faith, hope and LOVE
Longevity with a goal in the mundane world would mean a health boost guided by reason to get out of bed everyday for folks in USA and in China.
Faith is the mental strategy to elevate cheer with upbeat apropos of Sino-American Economics.
Hope is to draw from the positive scenarios via the brain for intellectual endeavor.
LOVE is a slosh of dopamine over a caudate nucleus. Such could be in Pin Yin system of romanization in Chinese for "All or both anticipate sensitivity" with three Chinese characters of Dou-Pan-Min. In plain English to mean to spread liquid to central nerve as transmitter. Showing affection toward people on both sides of the Pacific in the name of humanity.
Francis Shieh a.k.a. Xie Shihao,thanking you from a hero of poetry in name only.
Tuesday, Sept. 29, 2009 at 5.48 p.m.
Faith is the mental strategy to elevate cheer with upbeat apropos of Sino-American Economics.
Hope is to draw from the positive scenarios via the brain for intellectual endeavor.
LOVE is a slosh of dopamine over a caudate nucleus. Such could be in Pin Yin system of romanization in Chinese for "All or both anticipate sensitivity" with three Chinese characters of Dou-Pan-Min. In plain English to mean to spread liquid to central nerve as transmitter. Showing affection toward people on both sides of the Pacific in the name of humanity.
Francis Shieh a.k.a. Xie Shihao,thanking you from a hero of poetry in name only.
Tuesday, Sept. 29, 2009 at 5.48 p.m.
Sunday, September 27, 2009
Time Magazine,Oct.5, 09: Google likes equations
Page 48: To cite but to modify the state of mind in the philosophy of living.
Google likes equations RE < C That means Renewable Energy costing less than Coal. This is energy conservation as a way of life. But I have a modest suggestion:
I would argue that C < REM That means Consumption is less than the Reformed Mind.
We must brace" simplicity as our lifestyle" e.g., to reform our mindset during financial crisis.
Francis Shieh a.k.a. Xie Shihao, an octogenarian student of economic philosophy, advocating life of simplicity instead of complexity apropos of economic utility(satisfaction) in the 21st century.
Sunday, September 27, 2009 at 8.40 p.m.
Google likes equations RE < C That means Renewable Energy costing less than Coal. This is energy conservation as a way of life. But I have a modest suggestion:
I would argue that C < REM That means Consumption is less than the Reformed Mind.
We must brace" simplicity as our lifestyle" e.g., to reform our mindset during financial crisis.
Francis Shieh a.k.a. Xie Shihao, an octogenarian student of economic philosophy, advocating life of simplicity instead of complexity apropos of economic utility(satisfaction) in the 21st century.
Sunday, September 27, 2009 at 8.40 p.m.
Ten Points/Pointers for readers with my thoughts
1. We can only fly by embracing each other as angels with only one wing.(sic)
2. When others throw bricks at the person,he/she can lay a firm foundation with success.
3. What lies before or behind us are petty things to be compared to what lies within our hearts and minds.
4. Rice is a major ingredient to be fermented to make the Japanese drink known as sake. Perhaps it is like life in the mundane world with profound reflections.
5. The neck in the body is the thyroid gland. It has no bearing with necking,however.
6. Baseball pitcher Jim Palmer is the only Hall of Famer to notch World Series wins in three decades. Baltimore Orioles won in 1966, 1970 and 1971 and in 1983 when I was a witness.
7. We use the word "stumped" to mean defeated or outwitted. But in playing cricket, the pitcher who manages to hit the wicket (or stump) has outwitted the batter. C'est la difference!
8. Gibraltar, an island in the Mediterranean Sea, natives speak Rock English, a blend of Spanish and English. Rock English has nothing to do with Rock Fish.
9. Red Sea comes by its name properly and occasionally when severe algae blooms. However,when algae die, it turns the seas's vivid, blue-green water red. Red Sea may mean good luck due to the bright color with Asian heritage.
10. A husband thinks that he "bossess" the house but he"houses" the boss. The owner of a house may be addressed as the boss but the wife may be properly addressed as the homemaker instead of a housewife. The rhyme may be "what a life without a wife" Comment: If or when the boss is gone,be a Socrates as the philosopher. Confucius was a moral philosopher with the same caliber known to the world.
Francis Shieh a.k.a. Xie Shihao, a student of economic philosophy on Sunday, September 27, 2009
2. When others throw bricks at the person,he/she can lay a firm foundation with success.
3. What lies before or behind us are petty things to be compared to what lies within our hearts and minds.
4. Rice is a major ingredient to be fermented to make the Japanese drink known as sake. Perhaps it is like life in the mundane world with profound reflections.
5. The neck in the body is the thyroid gland. It has no bearing with necking,however.
6. Baseball pitcher Jim Palmer is the only Hall of Famer to notch World Series wins in three decades. Baltimore Orioles won in 1966, 1970 and 1971 and in 1983 when I was a witness.
7. We use the word "stumped" to mean defeated or outwitted. But in playing cricket, the pitcher who manages to hit the wicket (or stump) has outwitted the batter. C'est la difference!
8. Gibraltar, an island in the Mediterranean Sea, natives speak Rock English, a blend of Spanish and English. Rock English has nothing to do with Rock Fish.
9. Red Sea comes by its name properly and occasionally when severe algae blooms. However,when algae die, it turns the seas's vivid, blue-green water red. Red Sea may mean good luck due to the bright color with Asian heritage.
10. A husband thinks that he "bossess" the house but he"houses" the boss. The owner of a house may be addressed as the boss but the wife may be properly addressed as the homemaker instead of a housewife. The rhyme may be "what a life without a wife" Comment: If or when the boss is gone,be a Socrates as the philosopher. Confucius was a moral philosopher with the same caliber known to the world.
Francis Shieh a.k.a. Xie Shihao, a student of economic philosophy on Sunday, September 27, 2009
Saturday, September 26, 2009
Health as Human Capital and Cultural Exchange
Washington Post,Saturday, Sept. 26, 2009 page C8:
Apply of Our Eye:
Comment:
An Apple a day keeps the doctor away!
Eating an apple in the morning is like hitting the gold mine.
Eating an apple around noon is like getting valuable silver.
Eating an apple in the evening is like having bronze or copper as precious metal.
The above saying is cited from the Shanghai expressions for your reference.
Multicultural festival: Photo of a lion dancer at the festival with tea ceremony,yo-yos and Go game.
There are apples and fruits in USA and in China for folks to enjoy for health and happiness with physical wellness.
Francis Shieh a.k.a. Xie Shihao looking forward for a veggie snack for lunch when an opportunity comes on Sept.26th at 9 a.m.
Apply of Our Eye:
Comment:
An Apple a day keeps the doctor away!
Eating an apple in the morning is like hitting the gold mine.
Eating an apple around noon is like getting valuable silver.
Eating an apple in the evening is like having bronze or copper as precious metal.
The above saying is cited from the Shanghai expressions for your reference.
Multicultural festival: Photo of a lion dancer at the festival with tea ceremony,yo-yos and Go game.
There are apples and fruits in USA and in China for folks to enjoy for health and happiness with physical wellness.
Francis Shieh a.k.a. Xie Shihao looking forward for a veggie snack for lunch when an opportunity comes on Sept.26th at 9 a.m.
Friday, September 25, 2009
Reflectng new global economic order,more expansive G-20
Washington Post,September 25, 2009 Page A16: G-20 ranks include nations such as Brazil, China, India and South Africa - all of which have expanded their economies at a meteoric pace in the past two decades.
The spirit of transformation is what inspired President Obama to choose Pittsburgh as the summit site. The city has reinvented itself from one heavily dependent on the steel industry to one with vibrant clean-technology, finance and health care sectors.
Francis Shieh a.k.a. Xie Shihao watching the Sino-American economics in action.
Friday,September 25, 2009 at 8.50 p.m.
The spirit of transformation is what inspired President Obama to choose Pittsburgh as the summit site. The city has reinvented itself from one heavily dependent on the steel industry to one with vibrant clean-technology, finance and health care sectors.
Francis Shieh a.k.a. Xie Shihao watching the Sino-American economics in action.
Friday,September 25, 2009 at 8.50 p.m.
Wednesday, September 23, 2009
USAToday,9/23/09 and Washington Times,9/23/09
USAToday,Page 2A:
US,China,Japan vow to climate change. Comment: The sky covers all nations on earth.
Page 8A:
Todd Grimshaw wrote to the Editor: "As a middle-age white guy listening to other white guys, I know that former president Jimmy Carter is right." Comment: President Carter is very active and he is the model as an American gentleman and a leader in USA.
Todd Grimshaw stated further: "Racism isn't just an attitude, it's a mental illness. The numbers of racists might be shrinking but the anger and rhetoric of those who remain are going up to alarming levels. Rational Americans have to address this undercurrent of racism at every opportunity. " Comment: Two Asian-American tenured professors taught in the same department in the same college for 17 and 18 years; one was forced to resign and the other was terminated by an associate dean with authority. It is to be noted that one student put down in the evaluation form:"X is Japanese and he does not belong here." The persons with clout took it seriously to get rid of two Asian Americans in 1983 and 1984 respectively.
It is high time to be aware of the multi-cultural America from Guam,Hawaii,Alaska of the Pacific to the Atlantic for USA in the same melting pot as Americans regardless of color, age,national origan, religion et al. That is good for the nation in the 21st century.
Page A10: China has jobs: China offers jobs to Americans. That is Sino-American Economics in action for readers' reference.
Francis Shieh a.k.a. Xie Shihao on Wednesday,Sept.23, 2009 at 2.30 p.m.
US,China,Japan vow to climate change. Comment: The sky covers all nations on earth.
Page 8A:
Todd Grimshaw wrote to the Editor: "As a middle-age white guy listening to other white guys, I know that former president Jimmy Carter is right." Comment: President Carter is very active and he is the model as an American gentleman and a leader in USA.
Todd Grimshaw stated further: "Racism isn't just an attitude, it's a mental illness. The numbers of racists might be shrinking but the anger and rhetoric of those who remain are going up to alarming levels. Rational Americans have to address this undercurrent of racism at every opportunity. " Comment: Two Asian-American tenured professors taught in the same department in the same college for 17 and 18 years; one was forced to resign and the other was terminated by an associate dean with authority. It is to be noted that one student put down in the evaluation form:"X is Japanese and he does not belong here." The persons with clout took it seriously to get rid of two Asian Americans in 1983 and 1984 respectively.
It is high time to be aware of the multi-cultural America from Guam,Hawaii,Alaska of the Pacific to the Atlantic for USA in the same melting pot as Americans regardless of color, age,national origan, religion et al. That is good for the nation in the 21st century.
Page A10: China has jobs: China offers jobs to Americans. That is Sino-American Economics in action for readers' reference.
Francis Shieh a.k.a. Xie Shihao on Wednesday,Sept.23, 2009 at 2.30 p.m.
Yantai makes waves with new marine -based economy
Washington Post,Sept. 23, 2009 page H8:
As a coastal city, with a 900 km-long coastline Yantai sees fully utilizing its marine capabilities as crucial to its development.
According to the Guidelines, Yantai will accelerate the pace of its drive toward a marine-reliant economy.
In the first four months of 2009, the shipbuilding and marine machinery manufacturing industry production value came to 3.9 billiion Yuan, an increase of 17% year-on-year.
Red is the color most frequently associated with Yantai, due to the ever popular Changyu wine sourced from the region, but that will change if the city succeeds in its bid to become a "blue tourism" resort.
I had the opportunity to lecture at Yantai University decades ago in 1980s and I enjoyed the city very much. I happened to learn a bit of the Mandarin accent of Shandong Province with fun.
Francis Shieh a.k.a. Xie Shihao,reminiscing the past years when I was lecturing in various cities in China with fond memories.
Wednesday, September 23, 2009 at 9.46 a.m. at Andrews AF Base Library due to the illness of my student of the Wu dialect,Shanghainese, my mother tongue.
P.S. Photo of the first Shanghai Jin Mao Tower international Parachuting Show on Oct.5,, 2003 from the tallest building in China published in the same issue.
As a coastal city, with a 900 km-long coastline Yantai sees fully utilizing its marine capabilities as crucial to its development.
According to the Guidelines, Yantai will accelerate the pace of its drive toward a marine-reliant economy.
In the first four months of 2009, the shipbuilding and marine machinery manufacturing industry production value came to 3.9 billiion Yuan, an increase of 17% year-on-year.
Red is the color most frequently associated with Yantai, due to the ever popular Changyu wine sourced from the region, but that will change if the city succeeds in its bid to become a "blue tourism" resort.
I had the opportunity to lecture at Yantai University decades ago in 1980s and I enjoyed the city very much. I happened to learn a bit of the Mandarin accent of Shandong Province with fun.
Francis Shieh a.k.a. Xie Shihao,reminiscing the past years when I was lecturing in various cities in China with fond memories.
Wednesday, September 23, 2009 at 9.46 a.m. at Andrews AF Base Library due to the illness of my student of the Wu dialect,Shanghainese, my mother tongue.
P.S. Photo of the first Shanghai Jin Mao Tower international Parachuting Show on Oct.5,, 2003 from the tallest building in China published in the same issue.
Tuesday, September 22, 2009
Education can boost the economy in USA/China
Parade Magazine,Sept.20, 2009 published the following:
President Obama has pledged $12 billion to community colleges over 10 years. Data suggest that increasing the number of Americans with a degree would help our economy recover faster and help the US recover its competitive edge.
"Congressional Record " published "The Future of Community Colleges" dated July 18, 1974 with a vision in the 20th century for the 21st century.
For more references,visit www.ask.com and search:
1. Keys for Economic Understanding. 1971.
2. Keys to Economic Understanding. 1976.
3. Work and Study Cycle Theory. 1978.
The above works are listed at the Library of Congress. www.loc.gov
Francis Shieh a.k.a. Xie Shihao earned a California Teaching Credential in 1961 and taught in community colleges in California and Maryland for circa three decades as an economics educator. Here I have found the common ground of promoting education to enhance productivity in USA and China.
September 22, 2009 at 8 p.m.
President Obama has pledged $12 billion to community colleges over 10 years. Data suggest that increasing the number of Americans with a degree would help our economy recover faster and help the US recover its competitive edge.
"Congressional Record " published "The Future of Community Colleges" dated July 18, 1974 with a vision in the 20th century for the 21st century.
For more references,visit www.ask.com and search:
1. Keys for Economic Understanding. 1971.
2. Keys to Economic Understanding. 1976.
3. Work and Study Cycle Theory. 1978.
The above works are listed at the Library of Congress. www.loc.gov
Francis Shieh a.k.a. Xie Shihao earned a California Teaching Credential in 1961 and taught in community colleges in California and Maryland for circa three decades as an economics educator. Here I have found the common ground of promoting education to enhance productivity in USA and China.
September 22, 2009 at 8 p.m.
Monday, September 21, 2009
Tire Tariff: Bad Policy-WashPost,9/21/09 page A19
"Flirting with protectionism is dangerous. Announcing the tariff shortly before economic summit of G-20 in Pittsburgh makes the predictable pious anti-protectionist pronouncement even less believable. " Comment:Wall Street Journal Editorial published the same rationale several days ago.
"Economist Nicholas Lardy of the Peterson Insitute figures the present price advantage at 15 to 20%. It might be more." Comment: Here we can easily detect that economics is an inexact science. Who knows for sure? It is a matter of educated guesstimates by professional economists.
"China has huge foreign exchange reserves, now $2.1 trillion." Comment: US can sell American products to China to validate the Law of Comparative Advantage in economics of trade.
Francis Shieh a.k.a. Xie Shihao, a lifelong student of economics on Monday,Sept.21,2009 at 6.20 a.m.
"Economist Nicholas Lardy of the Peterson Insitute figures the present price advantage at 15 to 20%. It might be more." Comment: Here we can easily detect that economics is an inexact science. Who knows for sure? It is a matter of educated guesstimates by professional economists.
"China has huge foreign exchange reserves, now $2.1 trillion." Comment: US can sell American products to China to validate the Law of Comparative Advantage in economics of trade.
Francis Shieh a.k.a. Xie Shihao, a lifelong student of economics on Monday,Sept.21,2009 at 6.20 a.m.
Sunday, September 20, 2009
Phoenix TV,Sept.21,2009 reports Sino-US flags near the White House
Celebrating 60th anniversary of the National Holiday,(Oct.1st) both US and Chinese flag are up near the White House for the public to see the two nations are in unison for cooperation in the days to come for global economic recovery.
Such act is a clear indication of echoing Sino-American Economics in reflection.
Francis Shieh a.k.a. Xie Shihao, a witness of the positive scenario of peace and economic development in the 21st century.
Sept. 20, 2009 at 8 p.m.
Such act is a clear indication of echoing Sino-American Economics in reflection.
Francis Shieh a.k.a. Xie Shihao, a witness of the positive scenario of peace and economic development in the 21st century.
Sept. 20, 2009 at 8 p.m.
Ten points/pointers to amuse or to entertain YOU with thoughts
1. When life serves a person with a lemon,do make lemonade as a matter of positive attitude.
2. Roses have thorns but thorns have roses. Look at the bright side in things for economic utility e.g. satisfaction. Everything is ontologically beautiful to appreciate aethetics.
3. Sounds may be stretched as musical tones such as the Chinese language being offered at www.Dictyon.net .
4. Mind may be stretched for meditation. Chinese language is filled with insinuations as culture. Meditation is beneficial for the mind with healthy mindset to be cheerful with upbeat joy.
5. Oysters do not give to charity. They are shellfish e.g. sounds like selfish,ignoring eleemosynary activities.
6. One day has 1440 minutes for repeated addition e.g. 24 times 60. It is up to the individual to allocate time resource judiciously. Daily Function may be sleep,work and leisure 8+8+8 over 24 hours( time constraint) for any adjustment as one sees fit. Time-savvy?
7. Spring can be a season or a coil of metal. It is the interpretation. Subway may be a sandwich outfit or the underground transportation. It depends!
8. A ventriloquist may or may not be a speaker of the Chinese language. If one knows the meaning of the word,the meaning is obvious. In Pin Yin system of romanization:"You kou ji zhe."
9. My sister is endowed with a large nose: a mark of a witty, courteous, affable and generous. Perhaps I share the same genes from the same parents?!
10. Skim Milk was used by Shakespeare in two of his plays: "King Henry IV,Part 1," and "A Midsummer Night's Dream." Such citation may not be incorrect?!
Francis Shieh a.k.a. Xie Shihao,a lifelong learner of American English,an admirer of Mark Twain and a student of Sino-American Economics in humor.
Sunday, Sept. 20, 2009 at 2.22 p.m.
2. Roses have thorns but thorns have roses. Look at the bright side in things for economic utility e.g. satisfaction. Everything is ontologically beautiful to appreciate aethetics.
3. Sounds may be stretched as musical tones such as the Chinese language being offered at www.Dictyon.net .
4. Mind may be stretched for meditation. Chinese language is filled with insinuations as culture. Meditation is beneficial for the mind with healthy mindset to be cheerful with upbeat joy.
5. Oysters do not give to charity. They are shellfish e.g. sounds like selfish,ignoring eleemosynary activities.
6. One day has 1440 minutes for repeated addition e.g. 24 times 60. It is up to the individual to allocate time resource judiciously. Daily Function may be sleep,work and leisure 8+8+8 over 24 hours( time constraint) for any adjustment as one sees fit. Time-savvy?
7. Spring can be a season or a coil of metal. It is the interpretation. Subway may be a sandwich outfit or the underground transportation. It depends!
8. A ventriloquist may or may not be a speaker of the Chinese language. If one knows the meaning of the word,the meaning is obvious. In Pin Yin system of romanization:"You kou ji zhe."
9. My sister is endowed with a large nose: a mark of a witty, courteous, affable and generous. Perhaps I share the same genes from the same parents?!
10. Skim Milk was used by Shakespeare in two of his plays: "King Henry IV,Part 1," and "A Midsummer Night's Dream." Such citation may not be incorrect?!
Francis Shieh a.k.a. Xie Shihao,a lifelong learner of American English,an admirer of Mark Twain and a student of Sino-American Economics in humor.
Sunday, Sept. 20, 2009 at 2.22 p.m.
BusinessWeek,Sept.28,09: Pepsi in China with comments
Page 051: With more Chinese than Americans online,social media are blogs : " a must... have component of marketing in China," says Sam Flemming, Chief of a research firm in Shanghai that works with Pepsi.
"To really succeed, we must build plants further into China" says Ken Neally, Pepsi's Chief for China. Here is Sino-American Economics in action again.
Page 68: Prof. Jardon developed Questions Exam to assess "global mindset" Management Intel China,LG Electronics, Raytheon et al, using a self assessment tool to determine how they thrive in global roles.
Comments: Friendship and laughter- mindset are gifts to be chrished, the best fruits of a lifetime. The surest investment for happiness is NOT in money but in relationships. Happiness is NOT material consumption over desire only but good health,intellectual pursuit,spiritual satisfaction must be taken into consideration for insightful wisdom.
Page 88: Economics relates to ethics, art and beauty as per the reasoning of economist John M. Keynes. Such thinking is similar and identical to my prior blogs. Moreover, John M. Keynes referred the book, "The Return of the Master" e.g. Keynes being honored now by a Professor of Political Economy at the University of Warwick. Cf. "Keys for Economic Understanding" www.ask.com with focus on Political Economy.
Francis Shieh a.k.a. Xie Shihao on Sunday,Sept.20,09 at Bowie Library at 1.40 p.m.
"To really succeed, we must build plants further into China" says Ken Neally, Pepsi's Chief for China. Here is Sino-American Economics in action again.
Page 68: Prof. Jardon developed Questions Exam to assess "global mindset" Management Intel China,LG Electronics, Raytheon et al, using a self assessment tool to determine how they thrive in global roles.
Comments: Friendship and laughter- mindset are gifts to be chrished, the best fruits of a lifetime. The surest investment for happiness is NOT in money but in relationships. Happiness is NOT material consumption over desire only but good health,intellectual pursuit,spiritual satisfaction must be taken into consideration for insightful wisdom.
Page 88: Economics relates to ethics, art and beauty as per the reasoning of economist John M. Keynes. Such thinking is similar and identical to my prior blogs. Moreover, John M. Keynes referred the book, "The Return of the Master" e.g. Keynes being honored now by a Professor of Political Economy at the University of Warwick. Cf. "Keys for Economic Understanding" www.ask.com with focus on Political Economy.
Francis Shieh a.k.a. Xie Shihao on Sunday,Sept.20,09 at Bowie Library at 1.40 p.m.
The Key to Understanding:WashPost,9/20/09-SC6
Washington Post,Sept.20,2009: The Importance of Punctuation -Even though rules may be changing for text-messaging and e-mailing, the rules have not changed for regular writing.
The main thing about punctuation is to notice it. Reading is not just getting the sense off the page; it is also about hearing the words; following an argument; listening." Here I remember the Chinese language may be translated or interpreted with nuance,a subtle difference in meaning from tones in Sino-American economics. Therefore, machine translation has problems and learning from the natives would be the best bet for learning Mandarin or Wu dialect.(Shanghainese) Moreover,Economics is a compound and complex field of inexact science involving Lingonomics with duplicity to a certain degree. Language-savvy and Savvy in Economics would be a difficult task,indeed!
The following is about English punctuation: -
If you put a punctuation mark in the wrong place, it can completely change the meaning of the sentence. For example, look at these two sentences. How does the comma change the meaning?
"Annie walked on her head, a little higher than usual." e.g. Annie has upside down position as an acrobat.
"Annie walked on, her head a little higher than usual." e.g. Annie is satisfied as to raise her head a bit.
Call me Tom. e.g. Tom said to himself.
Call me, Tom. e.g. Another person said to Tom to call him.
"Keys to Economic Understanding" is another edition of "Keys for Economic Understanding" www.ask.com for reference in Economics.
Francis Shieh a.k.a. Xie Shihao on Sunday,September 20, 2009 at 6.36 a.m.
The main thing about punctuation is to notice it. Reading is not just getting the sense off the page; it is also about hearing the words; following an argument; listening." Here I remember the Chinese language may be translated or interpreted with nuance,a subtle difference in meaning from tones in Sino-American economics. Therefore, machine translation has problems and learning from the natives would be the best bet for learning Mandarin or Wu dialect.(Shanghainese) Moreover,Economics is a compound and complex field of inexact science involving Lingonomics with duplicity to a certain degree. Language-savvy and Savvy in Economics would be a difficult task,indeed!
The following is about English punctuation: -
If you put a punctuation mark in the wrong place, it can completely change the meaning of the sentence. For example, look at these two sentences. How does the comma change the meaning?
"Annie walked on her head, a little higher than usual." e.g. Annie has upside down position as an acrobat.
"Annie walked on, her head a little higher than usual." e.g. Annie is satisfied as to raise her head a bit.
Call me Tom. e.g. Tom said to himself.
Call me, Tom. e.g. Another person said to Tom to call him.
"Keys to Economic Understanding" is another edition of "Keys for Economic Understanding" www.ask.com for reference in Economics.
Francis Shieh a.k.a. Xie Shihao on Sunday,September 20, 2009 at 6.36 a.m.
Saturday, September 19, 2009
Global recovery is under way? Who knows for sure?
A published forecast from an authority par excellence!?
The Washington Times,Sept. 18-19, 2009 Page A16:
Michael Mussa, a former economist at the International Monetary Fund(IMF) declared that "the recession is over, and the global recovery is under way."
Comment: I have some doubts for the upcoming months. I need to witness the empirical evidence to validate his optimistic scenario or otherwise!? Prof. John K. Galbraith of Harvard stated decades ago about economic forecasts:"There are those who don't know and those who don't know they don't know." His facetious remarks may or may not be recognized from the mixed vision during the course of time.
Francis Shieh a.k.a. Xie Shihao, a lifelong student of economics to envision with reservation due to complexity + duplicity of the global economy in the 21st century.
Saturday, Sept. 19, 2009 at 1.56 p.m.
The Washington Times,Sept. 18-19, 2009 Page A16:
Michael Mussa, a former economist at the International Monetary Fund(IMF) declared that "the recession is over, and the global recovery is under way."
Comment: I have some doubts for the upcoming months. I need to witness the empirical evidence to validate his optimistic scenario or otherwise!? Prof. John K. Galbraith of Harvard stated decades ago about economic forecasts:"There are those who don't know and those who don't know they don't know." His facetious remarks may or may not be recognized from the mixed vision during the course of time.
Francis Shieh a.k.a. Xie Shihao, a lifelong student of economics to envision with reservation due to complexity + duplicity of the global economy in the 21st century.
Saturday, Sept. 19, 2009 at 1.56 p.m.
FED preparing to step up regulation of pay at banks et al
Washington Post, Sept. 19, 2009 Page A10:
Goal is to end unwise incentives.
Comment: Human behavior with ethics and morality must be regarded as part and parcel of political economy. Such is the meeting ground of the West and the East in the 21st century apropos of Confucianism.(Political and economic philosophy of the distribution of income and wealth to be found in the sayings of +Confucius and Mencius www.ask.com for reference.
Page A7: North Korea open to talks,Kim tells China. Here is the common interest of Sino-American economics of peace and economic development instead of conflict or war.
"China, North Korea's closest ally and primary economic benefactor, has been unusually outspoken about its displeasure with Kim's government for detonating a nuclear device in May for for walking out of the denuclearization talks. President Hu of China reiterated China's stance that the Korean Peninsula should be denuclearized and China will spare no effort to work with North Korea for realize that goal.
Comment: Six-Party talks would be forthcoming as I would envison in the days to come.
Page B3: "
"Scientific research for nuclear waster conversion at Catholic University,Washington,DC with a major grant. Researchers are racing against time. It will take decades to convert the waster from liquid in underground tanks to stable glass. The oldest of the tanks date to the Manhattan Project. The vitrification lab opened in 1968 and sits on the Catholic campus off North Capitol Street in Northeast Washington. It has a staff of 80."
Comment: Such high calling require world-wide scientists who are genuinely interested in such project to continue such project for benefiting humankind otherwise such significant endeavor will atrophy.
Francis Shieh a.k.a. Xie Shihao,a student watcher of economics in action of scientific exchanges for peace in the name of humanity in the 21st century.
Saturday,September 19, 2009 at 9.36 a.m.
Goal is to end unwise incentives.
Comment: Human behavior with ethics and morality must be regarded as part and parcel of political economy. Such is the meeting ground of the West and the East in the 21st century apropos of Confucianism.(Political and economic philosophy of the distribution of income and wealth to be found in the sayings of +Confucius and Mencius www.ask.com for reference.
Page A7: North Korea open to talks,Kim tells China. Here is the common interest of Sino-American economics of peace and economic development instead of conflict or war.
"China, North Korea's closest ally and primary economic benefactor, has been unusually outspoken about its displeasure with Kim's government for detonating a nuclear device in May for for walking out of the denuclearization talks. President Hu of China reiterated China's stance that the Korean Peninsula should be denuclearized and China will spare no effort to work with North Korea for realize that goal.
Comment: Six-Party talks would be forthcoming as I would envison in the days to come.
Page B3: "
"Scientific research for nuclear waster conversion at Catholic University,Washington,DC with a major grant. Researchers are racing against time. It will take decades to convert the waster from liquid in underground tanks to stable glass. The oldest of the tanks date to the Manhattan Project. The vitrification lab opened in 1968 and sits on the Catholic campus off North Capitol Street in Northeast Washington. It has a staff of 80."
Comment: Such high calling require world-wide scientists who are genuinely interested in such project to continue such project for benefiting humankind otherwise such significant endeavor will atrophy.
Francis Shieh a.k.a. Xie Shihao,a student watcher of economics in action of scientific exchanges for peace in the name of humanity in the 21st century.
Saturday,September 19, 2009 at 9.36 a.m.
Wednesday, September 16, 2009
Wall Street Journal, 9/15/09 page A5/WashPost 9/15/09
The American Chamber of Commerce warned US/China against "an escalation of restritive trade measures that could undermine economic recovery in both nations." It urged both to solve disputes at the World Trade Organization.
Page A20.: Like Hoover, Obama is abdicating US trade leadership.
However, On page 16 of the Washington Post, Obama said:" A healthy economy in the 21st century also dpends on our ability to buy and sell goods to markets across the globe."
The reader would be able to draw the conclusion from the above for a settlement of Sino-American economics.
Francis Shieh a.k.a. Xie Shihao, a faculty of Wu dialect at www.Dictyon.net with interest in Economics with philosophical underpinning on Wednesday,Sept. 16, 2009 at 5.42 a.m.
Page A20.: Like Hoover, Obama is abdicating US trade leadership.
However, On page 16 of the Washington Post, Obama said:" A healthy economy in the 21st century also dpends on our ability to buy and sell goods to markets across the globe."
The reader would be able to draw the conclusion from the above for a settlement of Sino-American economics.
Francis Shieh a.k.a. Xie Shihao, a faculty of Wu dialect at www.Dictyon.net with interest in Economics with philosophical underpinning on Wednesday,Sept. 16, 2009 at 5.42 a.m.
Tuesday, September 15, 2009
Protectionism is not in the best interest of USA/China
Washington Post,Sept. 15, 2009,page 1 published a feature article about US as a debtor nation and the views of most economics apropos of high tariff on imported tires. www.WashPost.com for details.
Francis Shieh a.k.a. Xie Shihao, a believer of free trade to honor the Law of Comparative Advantage and a student to watch the happenings of economics in action of USA and China especially the global economic recovery to be worked out by G-20 for worldwide economic stabilization.
September 15, 2009, Tuesday at 2.46 p.m..
Francis Shieh a.k.a. Xie Shihao, a believer of free trade to honor the Law of Comparative Advantage and a student to watch the happenings of economics in action of USA and China especially the global economic recovery to be worked out by G-20 for worldwide economic stabilization.
September 15, 2009, Tuesday at 2.46 p.m..
Sunday, September 13, 2009
NFL looks to reach Chinese market with reality show
Washington Post, Sunday, Sept. 13, 2009 on page A1 and A19:
Bringing pigskin to land of ping pong: Cheerleaders and marching bands and playing flag football for a TV show that will run on CCTV(China Central Television) this fall. All in the hopes of converting tens of millions of Chinese into fans of American football. Such is the potential positive Sino-American Economics of Sports.
So far, there is little interest in fotball in China where the most popular sports are table tennis and badminton. While many young Chinese are big fans of the NBA and English soccer, both of which are bradcast on local TV, the glimpses they have gotten of American football are bewildering. Well,Chinese taste may be different but the world is getting closer and closer.
But there are small signs of real progress. According to the NFL, an estimated 400,000 people in China watched the 2008 Super Bowl. This year the figure grew to 2.2 million - a small sum given China's population but a positive sign given the game started at about 6 a.m. on a Monday in Beijing. There are only an estimated 500,000 expatriates living in China.
Francis Shieh a.k.a. Xie Shihao was exposed to American football in the fall of 1947 when I arrived at San Francisco from Shanghai. That was 62 years ago.
Sunday, Sept. 13, 2009 at 3.20 p.m.
Bringing pigskin to land of ping pong: Cheerleaders and marching bands and playing flag football for a TV show that will run on CCTV(China Central Television) this fall. All in the hopes of converting tens of millions of Chinese into fans of American football. Such is the potential positive Sino-American Economics of Sports.
So far, there is little interest in fotball in China where the most popular sports are table tennis and badminton. While many young Chinese are big fans of the NBA and English soccer, both of which are bradcast on local TV, the glimpses they have gotten of American football are bewildering. Well,Chinese taste may be different but the world is getting closer and closer.
But there are small signs of real progress. According to the NFL, an estimated 400,000 people in China watched the 2008 Super Bowl. This year the figure grew to 2.2 million - a small sum given China's population but a positive sign given the game started at about 6 a.m. on a Monday in Beijing. There are only an estimated 500,000 expatriates living in China.
Francis Shieh a.k.a. Xie Shihao was exposed to American football in the fall of 1947 when I arrived at San Francisco from Shanghai. That was 62 years ago.
Sunday, Sept. 13, 2009 at 3.20 p.m.
Saturday, September 12, 2009
Air Force Birthday on Sept. 18, 1947: 62 years of success et al
I arrived in the USA on September 8, 1947 and have noticed USAF as a branch of the military providing a beacon of hope for all folks all over the world.
Charles R. Bond, jr., a retired Air Force major general and one of the last surviving Flying Tigers, passed away on August 18, 2009 of dementia in Dallas. He was 94.
In September 1941, he left the Army Air Forces to volunteer for service in China as part of a secret program, the American Volunteer Group, nicknamed the Flying Tigers, under Gen. Claire Chenault. Made up of about 400 pilots and ground personnel and based in Burma, the Flying Tigers protected military supply routes between China and Burma and helped to get supplies to Chinese forces fighting the Japanese.
Gen. Bond was shot down twice. On May 4, 1942, three Japanese fighters zeroed in on his plane over Pao-shan, China. He was credited with downing nine Japanese planes. He said:"The good Lord had to be on our side" recalling his wartime experiences.
Washington Post published his story on page B4 on August 31, 2009. On the Education page B2 Jay Mathews published "Learning Isn't for 9 months, It's forever. " to validate "Work and Study Cycle Theory." www.ask.com
In Pin Yin:"Haohaoxuexi;tiantianxiangshang" endorses the same reasoning that I would envision the economics of education apropos of "Sino-American Economics."
Francis Shieh a.k.a. Xie Shihao on Saturday, September 12, 2009 at Beltsville Library at 11 a.m.
Charles R. Bond, jr., a retired Air Force major general and one of the last surviving Flying Tigers, passed away on August 18, 2009 of dementia in Dallas. He was 94.
In September 1941, he left the Army Air Forces to volunteer for service in China as part of a secret program, the American Volunteer Group, nicknamed the Flying Tigers, under Gen. Claire Chenault. Made up of about 400 pilots and ground personnel and based in Burma, the Flying Tigers protected military supply routes between China and Burma and helped to get supplies to Chinese forces fighting the Japanese.
Gen. Bond was shot down twice. On May 4, 1942, three Japanese fighters zeroed in on his plane over Pao-shan, China. He was credited with downing nine Japanese planes. He said:"The good Lord had to be on our side" recalling his wartime experiences.
Washington Post published his story on page B4 on August 31, 2009. On the Education page B2 Jay Mathews published "Learning Isn't for 9 months, It's forever. " to validate "Work and Study Cycle Theory." www.ask.com
In Pin Yin:"Haohaoxuexi;tiantianxiangshang" endorses the same reasoning that I would envision the economics of education apropos of "Sino-American Economics."
Francis Shieh a.k.a. Xie Shihao on Saturday, September 12, 2009 at Beltsville Library at 11 a.m.
Friday, September 11, 2009
Wu Bangguo speaks Mandarin with Shanghai accent
For your information: In the US, Visiting legislator Wu bangguo speaks Mandarin, not Wu dialect even though he is a native of Shanghai. Needless to say, he can speak Shanghainese. The Chinese Minister of Commerce Chen Deming is also a native of Shanghai. He speaks Mandarin with a heavy Shanghai accent. I noticed such when I met him in Suzhou as he was the mayor of Suzhou. Australian students in Suzhou rated me as a tri-lingual person because when I spoke Shanghai dialect,they could not understand at all even though they thought they learned Chinese already! Interesting encounter, indeed. Language is the nitty-gritty of Sino-American Economics of education,a form of human capital.
Former Chinese President Jiang is a graduate of Jiaotong University of Shanghai but he speaks Mandarin or Shanghainese with Yangzhou accent. Multi-accented voices,indeed!
I speak Mandarin with a slight Shanghai accent but a lot of folks in China and in the US think of my Mandarin as a native of Beijing. Such may be considered as mistaken identity at best.
Francis Shieh a.k.a. Xie Shihao, a student of American English and Chinese language with passion as a philosopher on 9/11/09 at 3 p.m.
Former Chinese President Jiang is a graduate of Jiaotong University of Shanghai but he speaks Mandarin or Shanghainese with Yangzhou accent. Multi-accented voices,indeed!
I speak Mandarin with a slight Shanghai accent but a lot of folks in China and in the US think of my Mandarin as a native of Beijing. Such may be considered as mistaken identity at best.
Francis Shieh a.k.a. Xie Shihao, a student of American English and Chinese language with passion as a philosopher on 9/11/09 at 3 p.m.
USAToday,9/11/09 Washington Times 9/11/09
USAToday, Sept. 11, 2009 page 5A:
"Both USA and China are crucial to deal on CLIMATE, United Nations official says.
Senator Maria Cantwell(Democrat from State of Washington) said in Shanghai that China and US should cooperate to develop clean energy and tap job-creating opportunities." I do concur.
The market for green technology in China could be as large as $1 trillion annually, according to the China Greentech Report 2009 released in Dalian.
I recall that I lectured economics at Dalian Engineering University in 1985 after I taught at Harbin Institute of Technology for two months in the summer.
Washington Times, 9/11/09: Census: Poverty hits 1 in 8 Americans i.e. circa 40 million folks in USA. Such is a matter of economics!
"China pushes solar and wind power technology plus nuclear plants. In the US, 50% of power is generated from coal, and in China, it is 75% to 80%. UN will meet in Copenhagen and US and China can find even more on which to agree."
Comment: The issues boil down to Sino-American Economics.
Francis Shieh a.k.a. Xie Shihao on Friday, Sept. 11, 2009 at 1.26 p.m.
"Both USA and China are crucial to deal on CLIMATE, United Nations official says.
Senator Maria Cantwell(Democrat from State of Washington) said in Shanghai that China and US should cooperate to develop clean energy and tap job-creating opportunities." I do concur.
The market for green technology in China could be as large as $1 trillion annually, according to the China Greentech Report 2009 released in Dalian.
I recall that I lectured economics at Dalian Engineering University in 1985 after I taught at Harbin Institute of Technology for two months in the summer.
Washington Times, 9/11/09: Census: Poverty hits 1 in 8 Americans i.e. circa 40 million folks in USA. Such is a matter of economics!
"China pushes solar and wind power technology plus nuclear plants. In the US, 50% of power is generated from coal, and in China, it is 75% to 80%. UN will meet in Copenhagen and US and China can find even more on which to agree."
Comment: The issues boil down to Sino-American Economics.
Francis Shieh a.k.a. Xie Shihao on Friday, Sept. 11, 2009 at 1.26 p.m.
In deeper US Trade deficit, good news for world's economy
Washington Post, Sept. 11, 2009 on page A21: To quote below:
"Economists are hoping that a rebound in global economies as well as further weakening in the value of the dollar will help boost exports in coming months. A weaker dollar makes US products less expensive overseas."
Comment: It is good for American exporters to sell products in other nations. Chinese folks love American products and there is the marketing potential to boost exports to China. Americans like to buy Chinese goods for saving money in USA. It is common sense to pay attention to the pocket books for consumers to remember the economic concept to maximize and to optimize the situations with human behavior in action everyday,everywhere in the world.
Joel Naroff, president of Naroff Economic Advisors, wrote in a note to clients. "This was a positive report in that it provides further evidence that both the US and foreign economies are coming back."
Comment: I would not start my firm as Joel Naroff did. I merely wish to keep readers to be aware the fact that US-China economics in action is beneficial to USA and China in the 21st century. It is high time to validate and to implement the Law of Comparative Advantage that I learned at St.John's University in Shanghai from 1943-1946.
Francis Shieh a.k.a. Xie Shihao on September 11, 2009 at 11 a.m.
"Economists are hoping that a rebound in global economies as well as further weakening in the value of the dollar will help boost exports in coming months. A weaker dollar makes US products less expensive overseas."
Comment: It is good for American exporters to sell products in other nations. Chinese folks love American products and there is the marketing potential to boost exports to China. Americans like to buy Chinese goods for saving money in USA. It is common sense to pay attention to the pocket books for consumers to remember the economic concept to maximize and to optimize the situations with human behavior in action everyday,everywhere in the world.
Joel Naroff, president of Naroff Economic Advisors, wrote in a note to clients. "This was a positive report in that it provides further evidence that both the US and foreign economies are coming back."
Comment: I would not start my firm as Joel Naroff did. I merely wish to keep readers to be aware the fact that US-China economics in action is beneficial to USA and China in the 21st century. It is high time to validate and to implement the Law of Comparative Advantage that I learned at St.John's University in Shanghai from 1943-1946.
Francis Shieh a.k.a. Xie Shihao on September 11, 2009 at 11 a.m.
Stimulus: Big Impact on GDP, One million Jobs.WH Reports
Washington Post, September 11, 2009 on page A20:
The economic stimulus package President Obama rushed through Congress during his first days in office is rapidly pumping energy into the nation's once moribund economy and has slready created or preserved more than 1 million jobs. Christina Romer,chairman of the Council of Economic Advisers said. Let the empirical evidence be the guiding light.
Comment: Benjamin Franklin said: "He/She who has a skill has an estate." A marketable skill is sine qua non for getting jobs. I have been teaching economics and the Chinese language by virtue of my background and expertise. I have reason to believe that it is high time for readers to have skills to find a niche in any society. Humility and patience are the virtue to be mastered. We should listen to the folks around us and show respect for their views-which is the essence of the system of democracy ased on mutual tolerance that we are trying to forge. That is the gist of Confucianism that I studied in China in primary,secondary schools plus university education in the 1940s.
Secretary of State Clinton stresses cooperation with China as a leader. She is a uniter by instinct with analysis of global situations in the 21st century.
Nine-eleven is the day to start to strengthen US-China relations especially in global economics and peaceful development as the goal of United Nations since 1945 in the 20th century.
Francis Shieh a.k.a. Xie Shihao with reflections of the past and looking forward for security of humankind in the mundane world.
September 11, 2009 at 9.38 a.m.
The economic stimulus package President Obama rushed through Congress during his first days in office is rapidly pumping energy into the nation's once moribund economy and has slready created or preserved more than 1 million jobs. Christina Romer,chairman of the Council of Economic Advisers said. Let the empirical evidence be the guiding light.
Comment: Benjamin Franklin said: "He/She who has a skill has an estate." A marketable skill is sine qua non for getting jobs. I have been teaching economics and the Chinese language by virtue of my background and expertise. I have reason to believe that it is high time for readers to have skills to find a niche in any society. Humility and patience are the virtue to be mastered. We should listen to the folks around us and show respect for their views-which is the essence of the system of democracy ased on mutual tolerance that we are trying to forge. That is the gist of Confucianism that I studied in China in primary,secondary schools plus university education in the 1940s.
Secretary of State Clinton stresses cooperation with China as a leader. She is a uniter by instinct with analysis of global situations in the 21st century.
Nine-eleven is the day to start to strengthen US-China relations especially in global economics and peaceful development as the goal of United Nations since 1945 in the 20th century.
Francis Shieh a.k.a. Xie Shihao with reflections of the past and looking forward for security of humankind in the mundane world.
September 11, 2009 at 9.38 a.m.
Thursday, September 10, 2009
Perkier economy pushes dollar back down the slide
Washington Post, Sept. 10, 2009 page A18: "Huo-yue-de-jing-ji" in Pin Yin system of romanization in Chinese.
A major shift in the dollar's role as a reserve currency is unlikely to happen anytime soon, economists say, citing a dearth of viable alternatives, And China continues to amass dollars and Treasury securities,Marc Chandler,global head of currency strategy at Brown Brothers Harriman said.
Comment: Such view is similar to my past blogs since US Dollar is almost an international currency in doing business for decades.
"There are scenarios that could diminish the dollar's appeal as a reserve currency. The federal government could fail to curb deficit spending. Inflation in the US could spiral out of control. But experts don't believe those scenarios are probable. " Menzie David Chinn, an economist at the University of Wisconsin said.
I agree with such rationale to a point but we need to witness empirical evidence in the months to come.
Cornell economist Roert II. Frank published an article entitled "Cause and Effect" i.e. Etiology as I reasoned in my prior blogs. He has been trying for years to bridge the gap between the classroom and the real world. - his vision of economics is broader and more thought-provoking. Frank used economic principles to explain quirky questions of everyday life. That is exactly what I have had in my mind in watching economics in action such as economic issues of the day especially Sino-American Economics in the headlines.
Prof. Frank cited total spending i.e. aggregate demand that determines output and employment.
Comment: Such explanations of the Keynesian Model with contractionary or expansionary gaps would remain to be seen during the course of economic recovery. However, the lifestyle of the folks can hardly be measured in human behavior. Consumption tax i.e. VAT was mentioned in "Keys for Economic Understanding" published in 1971 and 1976(Keys to Economic Understanding" www.ask.com for reference.
Francis Shieh a.k.a. Xie Shihao, a graduate student from Shanghai witnessing US-China economics in the positive scenario for cooperation re mutual benefit in the 21st century.
Thursday, September 10, 2009 at 12.30 p.m.
A major shift in the dollar's role as a reserve currency is unlikely to happen anytime soon, economists say, citing a dearth of viable alternatives, And China continues to amass dollars and Treasury securities,Marc Chandler,global head of currency strategy at Brown Brothers Harriman said.
Comment: Such view is similar to my past blogs since US Dollar is almost an international currency in doing business for decades.
"There are scenarios that could diminish the dollar's appeal as a reserve currency. The federal government could fail to curb deficit spending. Inflation in the US could spiral out of control. But experts don't believe those scenarios are probable. " Menzie David Chinn, an economist at the University of Wisconsin said.
I agree with such rationale to a point but we need to witness empirical evidence in the months to come.
Cornell economist Roert II. Frank published an article entitled "Cause and Effect" i.e. Etiology as I reasoned in my prior blogs. He has been trying for years to bridge the gap between the classroom and the real world. - his vision of economics is broader and more thought-provoking. Frank used economic principles to explain quirky questions of everyday life. That is exactly what I have had in my mind in watching economics in action such as economic issues of the day especially Sino-American Economics in the headlines.
Prof. Frank cited total spending i.e. aggregate demand that determines output and employment.
Comment: Such explanations of the Keynesian Model with contractionary or expansionary gaps would remain to be seen during the course of economic recovery. However, the lifestyle of the folks can hardly be measured in human behavior. Consumption tax i.e. VAT was mentioned in "Keys for Economic Understanding" published in 1971 and 1976(Keys to Economic Understanding" www.ask.com for reference.
Francis Shieh a.k.a. Xie Shihao, a graduate student from Shanghai witnessing US-China economics in the positive scenario for cooperation re mutual benefit in the 21st century.
Thursday, September 10, 2009 at 12.30 p.m.
Wednesday, September 9, 2009
USAToday,9/9/09 amd Washington Times,9/9/09
USAToday,Sept.9th page 10A
Letter to the Editor by Sheryn Rothgarn in New York State:
"We have dissatisfied and disgruntled graduates making minimum wages after spending 4 years in college. Many young folks spend a huge amount of their parent's hard-earned savings or getting themselves deeply in debt."
Comment: "The Future of Community Colleges,"published by the Congressional Record,July 18,1974 may be a useful reference especially during the time of economic crisis. Available in the libraries with depositories of US government publications.
"Keys for Economic Understanding" (1971)may be searched at the Borders Books Used Book online for understanding. www.ask.com for information.
Washington Times, Sept.9, 2009 page A12:
Martin Hutchinson, an analyst with BreakingViews.com, who predicts gold will keep on rising and platinum as well.
China, the biggest investor world-wide with $2 trillions in reserve is moving to put more of its money in gold reserves with the creation of a new gold storage facility near the Hong Kong airport.
Francis Shieh a.k.a. Xie Shihao, a watcher for economics in action. Sept. 9, 2009 at 1.56 p.m.
Letter to the Editor by Sheryn Rothgarn in New York State:
"We have dissatisfied and disgruntled graduates making minimum wages after spending 4 years in college. Many young folks spend a huge amount of their parent's hard-earned savings or getting themselves deeply in debt."
Comment: "The Future of Community Colleges,"published by the Congressional Record,July 18,1974 may be a useful reference especially during the time of economic crisis. Available in the libraries with depositories of US government publications.
"Keys for Economic Understanding" (1971)may be searched at the Borders Books Used Book online for understanding. www.ask.com for information.
Washington Times, Sept.9, 2009 page A12:
Martin Hutchinson, an analyst with BreakingViews.com, who predicts gold will keep on rising and platinum as well.
China, the biggest investor world-wide with $2 trillions in reserve is moving to put more of its money in gold reserves with the creation of a new gold storage facility near the Hong Kong airport.
Francis Shieh a.k.a. Xie Shihao, a watcher for economics in action. Sept. 9, 2009 at 1.56 p.m.
First Solar to install major plant in China/Education
Washington Post, September 9, 2009 page A13: First Solar said it reached a preliminary agreement to install a giant 2 gigawatt solar power plant in China's Inner Mongolia region, a project that would dwarf any existing solar installatin in the world. First Solar chief executive Michael Ahearn said the company would look for sites in China to set up a manufacturing plant.
Hong Kong Phoenix TV reports the common ground of USA and China to stress education:
President Obama and Prime Minister Wen both emphasized education in their announcement to schools since young folks would become leaders with education as an investment in human capital in economics. I have made my investment in studying and teaching from the 20th century to the 21st century from coast to coast in US and in different cities in China with interdisciplinary approach in gaining knowledge plus wisdom hopefully.
My first job is teaching in 1945 and I have been assigned to teach another course on Wu dialect for six weeks starting next Monday September 14, 2009. Teaching is learning twice and learning is healthy for the brain as a form of mental labor to keep me mentally alert. As an octogenarian, I feel blessed to have such an opportunity to teach at www.Dictyon.net with top student who is eager to learn and I am enthusiatic to teach for mutual benefit. Knowledge begets intellectual clout and such pursuit is fulfilling in every respect of human activity. As I make contribution to others, I honor other folk's desires and that puts me back in touch with my own desire of learning. Teaching what I know reminds me that I know something. Such is economic utility or satisfaction,indeed!
Francis Shieh a.k.a. Xie Shihao on quadruple 9s today i.e. September 9th in the year 2009 at 9.40 a.m. filling my heart with GLEE!
Hong Kong Phoenix TV reports the common ground of USA and China to stress education:
President Obama and Prime Minister Wen both emphasized education in their announcement to schools since young folks would become leaders with education as an investment in human capital in economics. I have made my investment in studying and teaching from the 20th century to the 21st century from coast to coast in US and in different cities in China with interdisciplinary approach in gaining knowledge plus wisdom hopefully.
My first job is teaching in 1945 and I have been assigned to teach another course on Wu dialect for six weeks starting next Monday September 14, 2009. Teaching is learning twice and learning is healthy for the brain as a form of mental labor to keep me mentally alert. As an octogenarian, I feel blessed to have such an opportunity to teach at www.Dictyon.net with top student who is eager to learn and I am enthusiatic to teach for mutual benefit. Knowledge begets intellectual clout and such pursuit is fulfilling in every respect of human activity. As I make contribution to others, I honor other folk's desires and that puts me back in touch with my own desire of learning. Teaching what I know reminds me that I know something. Such is economic utility or satisfaction,indeed!
Francis Shieh a.k.a. Xie Shihao on quadruple 9s today i.e. September 9th in the year 2009 at 9.40 a.m. filling my heart with GLEE!
Tuesday, September 8, 2009
Ten playful antics for you to enjoy after Labor Day
The following 10 items may be useful for readers of Sino-American Economics to seek mindful health mindset as human capital in USA and in China.
1. To cuddle a panda bear may be fun but would be subject to attack. Beware of Panda who may be hungry for your fingers or your arm?
2. Clinophobia is a fear of going to bed. But we need to have good sleep to maintain good health. Sleep without a bed would be a person with "Gongfu" in Pin Yin system for extra skills.
3.The zebra fish glows brilliant red under the lights. It is the world's genetically engineered pet. Red color is good luck especially for folks in China.
4. Lisa was an acronym for "local integrated software architecture) It was introduced in 1983 with the name of the daughter of Apple co-founder,Steve Jobs. That apply is not eating apple!
5. If you want to be a gourmet, you put salt on your toothpaste. Try it and you may or may not like such flavor. Hehehahahoho all the way to be a centenarian.
6. The bees have sticky hair due to their use of honeycombs. Concur or demur?
7. The difference between a phrase and a cat is that one has a pause(not paws) at the end of its clause. Moreover,there is a difference between an adjective clause and adjective phrase. But grammar is a hassle for most folks except English majors.
8. The septuagenarian wife asked the husband if he still loves her. He replied,"Why not? Haven't I loved you through six other shades in past six decades?"
9. It would be better to pause in our pursuit of happiness and just be happy NOW with the following words: kind, thoughtful, generous,caring,funny, reliable, resourceful, honest, humble, loyal, and more adjectives to describe your mannerism.
10. Happiness is not material consumption over desire only but intellectual pursuit,spiritual satisfaction,good health with good humor must be added for our daily living with real fun.
Francis Shieh a.k.a. Xie Shihao, an admirer of Mark Twain, the greatest humorist par excellence!
September 8, 2009 at 10.36 a.m.
1. To cuddle a panda bear may be fun but would be subject to attack. Beware of Panda who may be hungry for your fingers or your arm?
2. Clinophobia is a fear of going to bed. But we need to have good sleep to maintain good health. Sleep without a bed would be a person with "Gongfu" in Pin Yin system for extra skills.
3.The zebra fish glows brilliant red under the lights. It is the world's genetically engineered pet. Red color is good luck especially for folks in China.
4. Lisa was an acronym for "local integrated software architecture) It was introduced in 1983 with the name of the daughter of Apple co-founder,Steve Jobs. That apply is not eating apple!
5. If you want to be a gourmet, you put salt on your toothpaste. Try it and you may or may not like such flavor. Hehehahahoho all the way to be a centenarian.
6. The bees have sticky hair due to their use of honeycombs. Concur or demur?
7. The difference between a phrase and a cat is that one has a pause(not paws) at the end of its clause. Moreover,there is a difference between an adjective clause and adjective phrase. But grammar is a hassle for most folks except English majors.
8. The septuagenarian wife asked the husband if he still loves her. He replied,"Why not? Haven't I loved you through six other shades in past six decades?"
9. It would be better to pause in our pursuit of happiness and just be happy NOW with the following words: kind, thoughtful, generous,caring,funny, reliable, resourceful, honest, humble, loyal, and more adjectives to describe your mannerism.
10. Happiness is not material consumption over desire only but intellectual pursuit,spiritual satisfaction,good health with good humor must be added for our daily living with real fun.
Francis Shieh a.k.a. Xie Shihao, an admirer of Mark Twain, the greatest humorist par excellence!
September 8, 2009 at 10.36 a.m.
Tires from China roll in. President Obama will decide on Sept.17th
Washington Post,Sept. 8, 2009 on pages A1,A12:" Kmart and Wal-Mart,Cooper could see that the Chinese tires were less expensive.
The proposed tariff would apply to Cooper Tire products manufactured in China and brought to the United States.
It could have significant negative impacts causing considerable market disruption and negative impacts on U.S. consumers."
Comment: In all fairness,I am inclined to be on the side of American consumers who wish to save money especially during the financial crisis nowadays provided that the products are less expensive with good quality.
Francis Shieh a.k.a. Xie Shihao, a consumer in the USA from Shanghai, China since Sept. 8, 1947.
Sept. 8, 2009 at 9.36 a.m. to celebrate 62 years in USA.
The proposed tariff would apply to Cooper Tire products manufactured in China and brought to the United States.
It could have significant negative impacts causing considerable market disruption and negative impacts on U.S. consumers."
Comment: In all fairness,I am inclined to be on the side of American consumers who wish to save money especially during the financial crisis nowadays provided that the products are less expensive with good quality.
Francis Shieh a.k.a. Xie Shihao, a consumer in the USA from Shanghai, China since Sept. 8, 1947.
Sept. 8, 2009 at 9.36 a.m. to celebrate 62 years in USA.
Monday, September 7, 2009
Business Week, Sept. 7, 2009. The National Interest,Sept/Oct 09 issue
Page 020: China pick up the OPhone (Never mind iphone of Apple)
With 493 million subscribers, China Mobile has more than 70% of the local cellular market, ahead of China Unicom and China Telecom.
"The National Interest" magazine,current issue page 34:
Professor Robert Rosen of Boston College(Jesuit) and an Associate at Harvard and a Fellow at MIT stated: "A balanced rather than an ideological assessment of Sino-American dynamic offers America's the confidence to compete with China and simultaneously promote same US interests and US-China cooperation."
Such positive scenario is similar to the blogs at www.Sino-American Economics.
Francis Shieh a.k.a. Xie Shihao on Monday, Sept. 7, 2009
With 493 million subscribers, China Mobile has more than 70% of the local cellular market, ahead of China Unicom and China Telecom.
"The National Interest" magazine,current issue page 34:
Professor Robert Rosen of Boston College(Jesuit) and an Associate at Harvard and a Fellow at MIT stated: "A balanced rather than an ideological assessment of Sino-American dynamic offers America's the confidence to compete with China and simultaneously promote same US interests and US-China cooperation."
Such positive scenario is similar to the blogs at www.Sino-American Economics.
Francis Shieh a.k.a. Xie Shihao on Monday, Sept. 7, 2009
Sunday, September 6, 2009
"The American Interest: magazine Sept/Oct.2009 issue
Page 18-28 Francis Fukuyama, Prof. of International Political Economy at Johns Hopkins University published "The Role of Economists in the Financial Debacle: He cited John M. Keynes: "The role of economists and political philsophers-both when they are right or wrong, are more powerful than is commonly understood." I agree with this quotable quote 100%.
Comment: I am a student of economics and philosophy since early 1940s but I do not have any clout. Fukuyama wrote: "The truth is that the mathematization of contemporary academic economics lends spurious precision to a field than is pervaded by questionable premises, over-simplified models and ideological bias.
Page 23: Americans have proven to be remarkably rigid in their economic thinking.
Page 22: "As Deng Xiaoping said, 'It doesn't matter whether a cat is black or white, as long as it catches mice.' A case in point for experimentation and adaptation of market liberalization.
Few academic economists gain prestige by doing interdisciplinary policy work. The fact of the matter is that applying theories to the real world requires mastering a good deal of knowledge about other social sciences.
Comment: "Work and Study Cycle Theory" is applicable to the real world in the 21st century. Cf. "The Future of Community Colleges" published by the Congressional Record,July 18, 1974 for reference.
Francis Shieh a.k.a. Xie Shihao on Sunday,Sept. 6, 2009 at 6.06 p.m.
Comment: I am a student of economics and philosophy since early 1940s but I do not have any clout. Fukuyama wrote: "The truth is that the mathematization of contemporary academic economics lends spurious precision to a field than is pervaded by questionable premises, over-simplified models and ideological bias.
Page 23: Americans have proven to be remarkably rigid in their economic thinking.
Page 22: "As Deng Xiaoping said, 'It doesn't matter whether a cat is black or white, as long as it catches mice.' A case in point for experimentation and adaptation of market liberalization.
Few academic economists gain prestige by doing interdisciplinary policy work. The fact of the matter is that applying theories to the real world requires mastering a good deal of knowledge about other social sciences.
Comment: "Work and Study Cycle Theory" is applicable to the real world in the 21st century. Cf. "The Future of Community Colleges" published by the Congressional Record,July 18, 1974 for reference.
Francis Shieh a.k.a. Xie Shihao on Sunday,Sept. 6, 2009 at 6.06 p.m.
Washington Post,Sept.6,09 China makes news
Sunday, Washington Post on page A18: China makes news these days mostly as a rising power, entwined with US interests on issues ranging from America's debt to Iran's nuclear ambitions. Ambassasor to China Jon Huntsman, Jr. told reporters that President Obama told him to focus on a few big piture issues: Global Economy.
Comment: Global economy means US and China work together to try to resolve early recovery of global economic crisis. That is the issue of issues in the Macro-Economics. Stay informed, stay ahead and stay smart!
President Jimmy Carter published an article on page A19 on the Middle East. His birthday happens to be October 1st, the National Holiday of China. I heard from the Radio that the White House will celebrate China's National Holiday. What a coincidence apropos of the birthday of the former President Jimmy Carter who announced the normalization with China decades ago.
Francis Shieh a.k.a. Xie Shihao on Sunday, September 6, 2009 at 4 p.m.
Comment: Global economy means US and China work together to try to resolve early recovery of global economic crisis. That is the issue of issues in the Macro-Economics. Stay informed, stay ahead and stay smart!
President Jimmy Carter published an article on page A19 on the Middle East. His birthday happens to be October 1st, the National Holiday of China. I heard from the Radio that the White House will celebrate China's National Holiday. What a coincidence apropos of the birthday of the former President Jimmy Carter who announced the normalization with China decades ago.
Francis Shieh a.k.a. Xie Shihao on Sunday, September 6, 2009 at 4 p.m.
Zhong-Mei: Middle(Kingdom) China and America,the Beautiful
Economics is "Jing-ji" in Pin Yin system of romanization. It is interesting to note that the humorous phonetic equivalents may sound like "yi ke nuo mi" i.e. a small rounded glutinuous rice in Chinese characters. Rice is staple food for folks in China and in USA as well. Such may be the justification to focus on Sino-American Economics in the lighter vein. Morever, the Japanese "Kanji" i.e. the Chinese character to address America for "mi" i.e. Rice to represent America due to the sound of "Mi "for America.
It would be up to the reader to select the Chinese character of "Beauty" or the Japanese version of "Rice" in the Chinese character to describe USA. The choice of yours for fun,indeed!
Francis Shieh a.k.a. Xie Shihao, a student of languages to entertain the readers on Sunday, September 6, 2009 to praise and exalt human culture on earth. At 6.38 a.m. early morning catching the fun. Thank you in reading for understanding.
It would be up to the reader to select the Chinese character of "Beauty" or the Japanese version of "Rice" in the Chinese character to describe USA. The choice of yours for fun,indeed!
Francis Shieh a.k.a. Xie Shihao, a student of languages to entertain the readers on Sunday, September 6, 2009 to praise and exalt human culture on earth. At 6.38 a.m. early morning catching the fun. Thank you in reading for understanding.
Saturday, September 5, 2009
Wall St.Journal,Sept.5-6, 2009 China buys SDR of IMF
Wall Street Journal, Sept. 5-6, 2009
Page A1: AP Photo: China's Longand Winding March to Modernity for Oct.1,2009 National Holiday.
Page A6: China agreed to buy $50 billion bonds ie. SDR from IMF to bolster IMF resources. China used the RMB,Yuan,the currency as the 1st nation to sign an agreement to demonstrate financial clout.
Analysts had expected China to sell some of its more than $2 trillion in foreign exchange reserves to buy IMF bonds in order to reduce its exposures to the US Dollar.
Page B5: The Chinese company owns Top100.cn, a website partnered with Google to provide free, licensed music downloads to users in China.
Such is the news for Sino-American Economics in action.
Francis Shieh a.k.a. Xie Shihao, a watcher on Sept. 5, 2009
Page A1: AP Photo: China's Longand Winding March to Modernity for Oct.1,2009 National Holiday.
Page A6: China agreed to buy $50 billion bonds ie. SDR from IMF to bolster IMF resources. China used the RMB,Yuan,the currency as the 1st nation to sign an agreement to demonstrate financial clout.
Analysts had expected China to sell some of its more than $2 trillion in foreign exchange reserves to buy IMF bonds in order to reduce its exposures to the US Dollar.
Page B5: The Chinese company owns Top100.cn, a website partnered with Google to provide free, licensed music downloads to users in China.
Such is the news for Sino-American Economics in action.
Francis Shieh a.k.a. Xie Shihao, a watcher on Sept. 5, 2009
Google China Chief is stepping down:WashPost,9/05/09
Kai-fu Lee will step down as president of the company's operations in China to form a venture in Beijing. Boon Lock Yeo, director of the Shanghai engineering office, and John Liu, who heads the sales team in Greater China, will take on Lee's responsibilities. Lee will form a venture capital firm, a spokewoman for the departing executive, declining to provide details.
Such is the latest news with impact on the business in the days to come. Here is happening of Sino-American economics online in globalization.
Francis Shieh a.k.a. Xie Shihao on Sept.5, 2009
Such is the latest news with impact on the business in the days to come. Here is happening of Sino-American economics online in globalization.
Francis Shieh a.k.a. Xie Shihao on Sept.5, 2009
An economist published an article with humor
Washington Post, Sept. 5, 2009 Page A21:
"Beauty is defined as 'strategic natural resource" In Pin Yin:"Zhanlueziranziyuan" with six Chinese characters." Both USA and China have resources: human and natural to optimize and maximize for the wellbeing of humankind in the global context in the 21st century as per the evidence in the days to come with the participation of private and public sectors.
"Aesthetics" is cited for the appreciation of beauty as I sent my blogs in the past with philosophical underpinning. Everything is ontologically beautiful,indeed!
For details,please read the entire article published in the WashPost today for enjoyment in the lighter side.
Francis Shieh a.k.a. Xie Shihao sharing such humor with readers on Sept. 5, 2009 at 1.12 p.m.
"Beauty is defined as 'strategic natural resource" In Pin Yin:"Zhanlueziranziyuan" with six Chinese characters." Both USA and China have resources: human and natural to optimize and maximize for the wellbeing of humankind in the global context in the 21st century as per the evidence in the days to come with the participation of private and public sectors.
"Aesthetics" is cited for the appreciation of beauty as I sent my blogs in the past with philosophical underpinning. Everything is ontologically beautiful,indeed!
For details,please read the entire article published in the WashPost today for enjoyment in the lighter side.
Francis Shieh a.k.a. Xie Shihao sharing such humor with readers on Sept. 5, 2009 at 1.12 p.m.
Friday, September 4, 2009
Thoughts about health: Human weakness of greed!
Health is the concern of all folks: Swine Flu Pandemic as declared by WHO.
Chinese would avoid infection with classical greeting style to convey respect and esteem:
Palm and fingers of one hand wrapped around the fist of the other, both hands shaking up and down to exercise for good health. It is easy to do with fun. Try such ways to maintain good health without contacting germs from others.(sic) However, it is known that leaving the mundane world is a natural reality but to have faith,hope and love apropos of the immortality of the soul.
New York Times,September 4, 2009 Page B1:
PEI is now in California for a teaching position? Cf. "Foreign Policy" articles by Pei in July/August issue and a letter to the Editor in September/October 2009 issue for reference.
Pei Min-xin, a professor of politics for anarchy? Such is a joke without reason!
Pei stated that corruption is the glue that keeps the party stuck together. Getting rid of it is not possible as long as they keep this system.
Query with comment: Is the system doing OK? What is the international status of that system as assessed by the United Nations for its achievement to overcome poverty? Is Confucius an advocate of ethics and morality? Is the system interested in teaching Confucianism in other nations? Adam Smith was a professor of moral philosophy and economics. It is known that there are corruptions in other nations as well. Would Pei advocate the destruction of such human frailty in other nations? As long as some folks in some nations misbehave with greed, there are corruptions as per the headlines in the media. That is not untrue!
Francis Shieh a.k.a. Xie Shihao, an octogenarian student with some intuitive sense of human behavior in all nations.
Friday, September 4, 2009 at 2.46 p.m.
Chinese would avoid infection with classical greeting style to convey respect and esteem:
Palm and fingers of one hand wrapped around the fist of the other, both hands shaking up and down to exercise for good health. It is easy to do with fun. Try such ways to maintain good health without contacting germs from others.(sic) However, it is known that leaving the mundane world is a natural reality but to have faith,hope and love apropos of the immortality of the soul.
New York Times,September 4, 2009 Page B1:
PEI is now in California for a teaching position? Cf. "Foreign Policy" articles by Pei in July/August issue and a letter to the Editor in September/October 2009 issue for reference.
Pei Min-xin, a professor of politics for anarchy? Such is a joke without reason!
Pei stated that corruption is the glue that keeps the party stuck together. Getting rid of it is not possible as long as they keep this system.
Query with comment: Is the system doing OK? What is the international status of that system as assessed by the United Nations for its achievement to overcome poverty? Is Confucius an advocate of ethics and morality? Is the system interested in teaching Confucianism in other nations? Adam Smith was a professor of moral philosophy and economics. It is known that there are corruptions in other nations as well. Would Pei advocate the destruction of such human frailty in other nations? As long as some folks in some nations misbehave with greed, there are corruptions as per the headlines in the media. That is not untrue!
Francis Shieh a.k.a. Xie Shihao, an octogenarian student with some intuitive sense of human behavior in all nations.
Friday, September 4, 2009 at 2.46 p.m.
G-20 to talk about future of stimulus program
Washington Post, Friday, Sept.4, 2009 Page A18:
The accord would be developed under the auspices of the Financial Stability Board, an international body that was recently expanded to include major emerging economies such as China India and Brazil.
As Biden praises Stimulus Plan, Concerns remain: Many economists share Biden's assessment that the stimulus has helpted stem the economic slide, they say it is hard to determine how large this role has been. FED Chairman Bernanke maintains such view so far.
Comment: The empirical evidence is to be watched in the days to come...
Francis Shieh a.k.a. Xie Shihao on Friday, Sept. 4, 2009 at Beltsville Library at 11.10 a.m.
The accord would be developed under the auspices of the Financial Stability Board, an international body that was recently expanded to include major emerging economies such as China India and Brazil.
As Biden praises Stimulus Plan, Concerns remain: Many economists share Biden's assessment that the stimulus has helpted stem the economic slide, they say it is hard to determine how large this role has been. FED Chairman Bernanke maintains such view so far.
Comment: The empirical evidence is to be watched in the days to come...
Francis Shieh a.k.a. Xie Shihao on Friday, Sept. 4, 2009 at Beltsville Library at 11.10 a.m.
Thursday, September 3, 2009
Lunar Year of the Ox until Feb.14, 2010:Year of the Tiger
Greetings to all. I was born in the Year of the Tiger in 1926. Effective Feb.14, 2010 on Valentine's Day, Lunar Year of the Tiger comes back again. According to the Chinese Zodiac, I will be 84, still an octogenarian striving to be a centenarian in the year 2026.
The sequence puts Rat first(2008) and then ox(cow) in 2009 Tiger in 2010, Hare, 2011 Horse,2012,Ram(sheep) 2013, Monkey in 2014, Rooster 2015,Dog 2016, Boar, Dragon 2017 and Serpent(Snake) in 2018. One can easily go forward or backward every 12 years to learn the zodiac for reference. It is up to the reader to imagine such anecdote. In Pin Yin,"Yishi or 'quwen."
Such imagination works well. I eat like a tiger and those who are born in the year of the Roaster or (chicken) do eat like such fowl plus the habit of rising early as a morning person.
Francis Shieh a.k.a. Xie Shihao sharing a bit of cultural humor with readers to find out such culture in the East may be applicable to the West. Former President Jimmy Carter was born in the Year of the Rat and he did good works for the poor i.e. feeding the hungry. His birthday is Oct.1st, the national holiday of China. In histor,Carter announced the normalization with China decades ago. Such seredipity may be considered as Sino-American Economics in action for mutual benefit in the 21st century.
One of the First Ladies believes in Astrology relative to heaven and zodiac may be relevant to animals in heaven with a small "h." The Capitalized H should be reserved for rational homosapiens with faith,hope and Love.
Food for thought with fun in the mundane world. Thursday, September 3, 2009 at 3.42 p.m.
The sequence puts Rat first(2008) and then ox(cow) in 2009 Tiger in 2010, Hare, 2011 Horse,2012,Ram(sheep) 2013, Monkey in 2014, Rooster 2015,Dog 2016, Boar, Dragon 2017 and Serpent(Snake) in 2018. One can easily go forward or backward every 12 years to learn the zodiac for reference. It is up to the reader to imagine such anecdote. In Pin Yin,"Yishi or 'quwen."
Such imagination works well. I eat like a tiger and those who are born in the year of the Roaster or (chicken) do eat like such fowl plus the habit of rising early as a morning person.
Francis Shieh a.k.a. Xie Shihao sharing a bit of cultural humor with readers to find out such culture in the East may be applicable to the West. Former President Jimmy Carter was born in the Year of the Rat and he did good works for the poor i.e. feeding the hungry. His birthday is Oct.1st, the national holiday of China. In histor,Carter announced the normalization with China decades ago. Such seredipity may be considered as Sino-American Economics in action for mutual benefit in the 21st century.
One of the First Ladies believes in Astrology relative to heaven and zodiac may be relevant to animals in heaven with a small "h." The Capitalized H should be reserved for rational homosapiens with faith,hope and Love.
Food for thought with fun in the mundane world. Thursday, September 3, 2009 at 3.42 p.m.
Wednesday, September 2, 2009
Three cases of interest with Pin Yin annotations
1.USAToday, September 2, 2009 page 6A:
Drunken driving cases spike in China for reference in USA:
"Bottoms up" culture i.e. Cheers or Drink a toast: "Gan bei" in Pin Yin system of romanization.
Chinese traditional expression: "Among bosom friends, a thousand cups are too few."
In Pin Yin: " Jiu feng zhi ji qian bei shao." for above statement.
Next line in continuation: "Hua bu tou ji ban ju duo." i.e. When there are conflicts in dialog,even half sentence is too many."
2. The above situation may be modified when I meet superb students at www.Dictyon.net, the gateway to global languages, I would say: "Shuo hua tou ji qian ju shao." i.e. When we have mutual interest in our talks, even one thousand words are not enough!
3. Seven Steps to the Study of Wisdom:
1.The more you read: "Du shu yue duo" in Pin Yin
2.the more you know: "Zhi shi yue duo"
3.the more you know: "Zhi shi yue duo"
4.the smart you grow: "Cai hua zeng zhang"
5. The stronger your voice:"Fa yan qiang jian"
6.Speaking your mind openly:"Yan zhi cheng li"
7.Making your choice wisely:"Xuan ze ming zhi"
The above English and Chinese expressions may be useful for all folks to ponder and reflect for thoughts.
Francis Shieh a.k.a. Xie Shihao on September 2, 2009 at 3 p.m.
Drunken driving cases spike in China for reference in USA:
"Bottoms up" culture i.e. Cheers or Drink a toast: "Gan bei" in Pin Yin system of romanization.
Chinese traditional expression: "Among bosom friends, a thousand cups are too few."
In Pin Yin: " Jiu feng zhi ji qian bei shao." for above statement.
Next line in continuation: "Hua bu tou ji ban ju duo." i.e. When there are conflicts in dialog,even half sentence is too many."
2. The above situation may be modified when I meet superb students at www.Dictyon.net, the gateway to global languages, I would say: "Shuo hua tou ji qian ju shao." i.e. When we have mutual interest in our talks, even one thousand words are not enough!
3. Seven Steps to the Study of Wisdom:
1.The more you read: "Du shu yue duo" in Pin Yin
2.the more you know: "Zhi shi yue duo"
3.the more you know: "Zhi shi yue duo"
4.the smart you grow: "Cai hua zeng zhang"
5. The stronger your voice:"Fa yan qiang jian"
6.Speaking your mind openly:"Yan zhi cheng li"
7.Making your choice wisely:"Xuan ze ming zhi"
The above English and Chinese expressions may be useful for all folks to ponder and reflect for thoughts.
Francis Shieh a.k.a. Xie Shihao on September 2, 2009 at 3 p.m.
70th anniversay of World War II and other thoughts
I do remember Second World War when I was a high school student at Hautes Etudes near Beijing, China. We were forced to study Japanese language after Pearl Harbor attack in December 1941. I had to leave North China to be back to Shanghai at age 17 for my university education at St. John's University(1943-46) due to the fear of being forced to join the Japanese army during that period. Well,that is history and I do recollect"hui yi wang shi" the sufferings of the war."Zhan zheng de tong ku"
When I think back in decades,I feel like a young student with rejuvenation. In Pin Yin:"Fan lao huan tong" as my state of mind to keep learning to stay cool and stay informed.
Today is September 2nd,I wish the readers will be septuagenarians and then to Octogenarians and eventually to centenarians. Amen!
As an octogenarian retireee, I worked and saved a lifetime but encounters triple setback at present: asset losses, diminished home values and rising costs. I wonder if Congress would explore solutions to the economic hardship that seniors face nowadays!?
Re: Health care issues in the Headlines lately:
In Pin Yin: "Zhong shuo fen yun" i.e. Folks tell their own stories in USA. Plus "Ge shu ji jian" i.e. Each person holds his/her views.
I would recommend for seniors to remember the following in USA or in China as the positive mindset for spirituality i.e. mental health as human capital in Sino-American economics.
"I set my mind to be happy everyday,though the happenings may not be ideal; No matter whatever comes, I am determined to have happy mood with upbeat attitude."
In Pin Yin, "Mei tian wo yu kuai,ye xu bu li xiang; wo jue ding yao you kuai le de xin tai
."
Happiness is not material consumption over desire only, we must add intellectual pursuit,spiritual satisfaction with good health. That is my formula to be shared with all since such publication in Shanghai when I lectured there in 1980s.
Francis Shieh a.k.a. Xie Shihao on Wednesday, September 2, 2009 at 10.10 a.m
When I think back in decades,I feel like a young student with rejuvenation. In Pin Yin:"Fan lao huan tong" as my state of mind to keep learning to stay cool and stay informed.
Today is September 2nd,I wish the readers will be septuagenarians and then to Octogenarians and eventually to centenarians. Amen!
As an octogenarian retireee, I worked and saved a lifetime but encounters triple setback at present: asset losses, diminished home values and rising costs. I wonder if Congress would explore solutions to the economic hardship that seniors face nowadays!?
Re: Health care issues in the Headlines lately:
In Pin Yin: "Zhong shuo fen yun" i.e. Folks tell their own stories in USA. Plus "Ge shu ji jian" i.e. Each person holds his/her views.
I would recommend for seniors to remember the following in USA or in China as the positive mindset for spirituality i.e. mental health as human capital in Sino-American economics.
"I set my mind to be happy everyday,though the happenings may not be ideal; No matter whatever comes, I am determined to have happy mood with upbeat attitude."
In Pin Yin, "Mei tian wo yu kuai,ye xu bu li xiang; wo jue ding yao you kuai le de xin tai
."
Happiness is not material consumption over desire only, we must add intellectual pursuit,spiritual satisfaction with good health. That is my formula to be shared with all since such publication in Shanghai when I lectured there in 1980s.
Francis Shieh a.k.a. Xie Shihao on Wednesday, September 2, 2009 at 10.10 a.m
Tuesday, September 1, 2009
USAToday,Sept.1,09 page 1B : US and China
Both China and the USA were creating more bubbles in trying to combat the global crisis. Said Andy Xie, a prominent former Morgan Stanley economist, told Bloomberg news that the Shanghai exchange is in deep bubble territory. Xie Shihao shares such view but the same last name would only mean the offspring from the same family clan 500 years ago as per the Chinese tradition.(sic)"Wu bai nian qian shi yi jia." in Pin Yin system of romanization.
Page 4A: Mexico's health care system lures Americans: A health care plan with no limits, no deductibles, free medicines, tests, X-rays, eyeglasses even dental work-all for a flat fee of US$250 or less a year but the deal may not last long!?
Watching their wallets: Former Floridians use Mexico's health care program to save money with photo published today.
Comment: Don't drink the water. Amigo.
Francis Shieh a.k.a. Xie Shihao, a student for medical costs in the world to make comparisons. But money is only one of the factors for assessment,care by care-giver is more important for patients
Tuesday, September 1, 2009 at 1.46 p.m.
Page 4A: Mexico's health care system lures Americans: A health care plan with no limits, no deductibles, free medicines, tests, X-rays, eyeglasses even dental work-all for a flat fee of US$250 or less a year but the deal may not last long!?
Watching their wallets: Former Floridians use Mexico's health care program to save money with photo published today.
Comment: Don't drink the water. Amigo.
Francis Shieh a.k.a. Xie Shihao, a student for medical costs in the world to make comparisons. But money is only one of the factors for assessment,care by care-giver is more important for patients
Tuesday, September 1, 2009 at 1.46 p.m.
Sequel to my blog dated August 16th:Foreign Policy magazine July/Aug.issue
Foreign Policy,September/October 2009 issue apropos of PEI's article in July/August issue of Foreign Policy.
Page 10: "Why Asia Wins": K. Mahlubani, Dean, National University of Singapore wrote his letter to the Editor:
"Pei's article makes no effort to explain the remarkable development of Asia especially China"
Comment: Pei Minxing left China in 1980s and he should be aware of the positive development of China with fairness as an associate, working for Council of Foreign Relations.
Mahbubani wrote further that Pei seems to suggest that the US can continue on autopilot and will always remain on top. Pei should read the insightful article by Henry Kissinger published in the Washington Post on Sunday,August 30, 2009. Moreover,Nobel Laureate Joseph Stiglitz also published an analytical article about US and China. Pei is more focused to his own view on politics from his background in China instead of China's recent economic achievement.
Mahbubani's book "The New Asia Hemisphere: The Irresistible Shift of Global Power to the East" should be a good reference for all Asia watchers especially the development in China.
Francis Shieh a.k.a. Xie Shihao, an octogenarian student of economics,comparing notes with leading scholars to pursue up-to-date knowledge with avid zeal.
Tuesday, September 1, 2009 at 9.46 a.m.
Page 10: "Why Asia Wins": K. Mahlubani, Dean, National University of Singapore wrote his letter to the Editor:
"Pei's article makes no effort to explain the remarkable development of Asia especially China"
Comment: Pei Minxing left China in 1980s and he should be aware of the positive development of China with fairness as an associate, working for Council of Foreign Relations.
Mahbubani wrote further that Pei seems to suggest that the US can continue on autopilot and will always remain on top. Pei should read the insightful article by Henry Kissinger published in the Washington Post on Sunday,August 30, 2009. Moreover,Nobel Laureate Joseph Stiglitz also published an analytical article about US and China. Pei is more focused to his own view on politics from his background in China instead of China's recent economic achievement.
Mahbubani's book "The New Asia Hemisphere: The Irresistible Shift of Global Power to the East" should be a good reference for all Asia watchers especially the development in China.
Francis Shieh a.k.a. Xie Shihao, an octogenarian student of economics,comparing notes with leading scholars to pursue up-to-date knowledge with avid zeal.
Tuesday, September 1, 2009 at 9.46 a.m.
US stock drop after Chinese sell-off:WashPost,Sept.1st
Washington Post, September 1, 2009 on page A8:
China's Shanghai composite index had skyrocketed more than 90% from January through early August, which led some investors to wonder whether the country would help lead the world out of a recessin. But much of that growth seems to have been propelled by massive government lending programs that officials have begun to rein in. Chinese markets have been sliding since early August, and the index plummeted 6.7% on Monday. It is down 2% since August 4, sending China into bear-market territory.
The unease in China weighed on commodities prices in the United States.
"China set the stage for what happened today," said Ned Douthat, vice president of Ockham Research. The two markets are going to be inexorably tied for the foreseeable future."
Such in my rationale in my blogs in the past for Sino-American Economics.
Francis Shieh a.k.a. Xie Shihao, an observer of market fluctuations relative to Sino-American economics on Tuesday,September 1, 2009 at 9.20 a.m.
China's Shanghai composite index had skyrocketed more than 90% from January through early August, which led some investors to wonder whether the country would help lead the world out of a recessin. But much of that growth seems to have been propelled by massive government lending programs that officials have begun to rein in. Chinese markets have been sliding since early August, and the index plummeted 6.7% on Monday. It is down 2% since August 4, sending China into bear-market territory.
The unease in China weighed on commodities prices in the United States.
"China set the stage for what happened today," said Ned Douthat, vice president of Ockham Research. The two markets are going to be inexorably tied for the foreseeable future."
Such in my rationale in my blogs in the past for Sino-American Economics.
Francis Shieh a.k.a. Xie Shihao, an observer of market fluctuations relative to Sino-American economics on Tuesday,September 1, 2009 at 9.20 a.m.
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