Page A2: Bill Gates(with photo) at the World Economic Forum in Switzerland, where the vaccine pledge was announcemtn for $10 billion. Such good work is to be known to the online readers.
Page A14: Jenifer Beausliel wrote to the editor: "I grew up in Maryuland under the roof of an ardent and active Democrat, yet my mother fairly blessed Charles McC. Mathias Jr. ,and we held him as the good standard of Republicans. Mr. Mathias was about as Maryland as you could get, a real man of the people and a gentleman who stood up for all the right principles. I hope politicians on both sides of the aisle will take note of Mr. Mathlas's lessons on civility and gallantry. The light of the world has dimmed with his passing." I respected Senator Mathias for his good deed to the folks in Maryland as a resident of Maryland since 1965.
Page A8: A Chinese girl (with photo) admires chocolate Terra Cotta Warriors at the World Chocolate Wonderland in Beijing, a 215,000 square foot chocolate theme park that opened to the public near Bird's Nest stadium. Note: Terra Cotta Warriors are on display at the National Geographic Society auditorium in Washington DC at present.
Page A10: Google CEO Schmidt said that he does not want to close the Mountain View, California-based firm operation in China despite recent discoveries of an attack on its computer system.
Francis Shieh aka Xie Shihao, an independent observer of events relating to Sino-American economics. January 30, 2010 at 9 a.m.
Saturday, January 30, 2010
Friday, January 29, 2010
Ten items in the light vein from a disciple of Mark Twain
1. The White House is for sale,not the real one in Washington but a 1/3 scale version in Atlanta, Georgia for only 9.9 million during tough economic times.
2. If we sit at the bottom of the well, we are misled to believe the sky is small. When we get out of the well,we would have an entirely different view.
3. Scientists are able to locate distant galaxies: a whopping 10 billion light years away.
4. A TV can insult your intelligence, but nothing rubs it in like a computer.
5. When you are in doubt, mumble as a way to be.
6. Some hear voices or noises but others have no imagination whatsoever.
7. Whoever coined "Quiet as a mouse," has never stepped on one in the field.
8. Children are growing up when they stop asking you where they came from and refuse to tell you where they are going.
9. Good fortune may be obtained through expanding your own creativity.
10.Beauty can be seen via your own mind with the thoughts of aesthetics.
The above 10 points with humor may or may not be detected with insinuation or innuendo. You are the Judge as readers of Sino-American Economics.
Francis Shieh a.k.a. Xie Shihao on Friday, January 29, 2010 at 1.38 p.m.
2. If we sit at the bottom of the well, we are misled to believe the sky is small. When we get out of the well,we would have an entirely different view.
3. Scientists are able to locate distant galaxies: a whopping 10 billion light years away.
4. A TV can insult your intelligence, but nothing rubs it in like a computer.
5. When you are in doubt, mumble as a way to be.
6. Some hear voices or noises but others have no imagination whatsoever.
7. Whoever coined "Quiet as a mouse," has never stepped on one in the field.
8. Children are growing up when they stop asking you where they came from and refuse to tell you where they are going.
9. Good fortune may be obtained through expanding your own creativity.
10.Beauty can be seen via your own mind with the thoughts of aesthetics.
The above 10 points with humor may or may not be detected with insinuation or innuendo. You are the Judge as readers of Sino-American Economics.
Francis Shieh a.k.a. Xie Shihao on Friday, January 29, 2010 at 1.38 p.m.
Washington Post, Jan 29, 2010 Panda Photos,A1,B1
Tai Shan, the National Zoo's young giant panda, will get first-class treatment when he flies to his new home in China on Feb. 4. A customized FedEx freighter will ferry him. View Panda Video at washingtonpost.com/local
Tai Shan is highly motivated by food, and the zoo is sending along 50 pounds of bamboo and apples, cooked sweet potatoes and his favorite-pears for the trip. He will be coaxed into the travel crate early in the morning, loaded onto a truck and driven about 9 to the airport with a police escort. There, he will meet up with Mei Lan,3, female giant panda from the Atlanta zoo who is also being sent to China on the airplane. Confucius was aware of the needs of mannals for food and the creation of the little ones.
Perhaps they would be good friends en route to China via the Atlantic Ocean for romance.(sic)
Giant pandas are native to China and are endangered. Tai Shan is being sent to joint a breeding program to help increase the giant panda population. There is no need for birth control for Pandas.
Francis Shieh aka Xie Shihao watching the panda photo with admiration in hairy black and white mixed color to be adored by all folks especially readers of Sino-American Economics for the Value of Mammals to be shared by adults and kids alike in the mundane world. Jan.29, 2010 at 9.40 a.m.
Tai Shan is highly motivated by food, and the zoo is sending along 50 pounds of bamboo and apples, cooked sweet potatoes and his favorite-pears for the trip. He will be coaxed into the travel crate early in the morning, loaded onto a truck and driven about 9 to the airport with a police escort. There, he will meet up with Mei Lan,3, female giant panda from the Atlanta zoo who is also being sent to China on the airplane. Confucius was aware of the needs of mannals for food and the creation of the little ones.
Perhaps they would be good friends en route to China via the Atlantic Ocean for romance.(sic)
Giant pandas are native to China and are endangered. Tai Shan is being sent to joint a breeding program to help increase the giant panda population. There is no need for birth control for Pandas.
Francis Shieh aka Xie Shihao watching the panda photo with admiration in hairy black and white mixed color to be adored by all folks especially readers of Sino-American Economics for the Value of Mammals to be shared by adults and kids alike in the mundane world. Jan.29, 2010 at 9.40 a.m.
Thursday, January 28, 2010
Larry Dossey, M.D.,author of Prayer is Good Medicine
Dr. Dossey is the author of The New York Times Bestseller Healing Words:
"With the elegance of simplicity and the precision of science, Dosssey shows us how we can create a lasting partnership between faith and medicine." - Deepak Chopra, M.D.
Studies show that almost everyone prays when faced wit illness or grave injury - but can prayer actually help to heal us? According to physician Larry Dossey the answer is an emphatic - and jubilant - "YES!" We believe the Divine Creator with spirituality. Here is the common ground of Sino-American Economics of Health.
"Faith,hope,charity and temperance" are the words we bear in mind at all times in the mundane world with the trusted "MANTRA/incantation" Here is Sino-American Economics of Belief in the mundane world.
Francis Shieh aka Xie Shihao remembering our Laotianye regardless of the technical name but the mind and heart of folks who have faith,hope,charity with temperance on earth.
Thursday,January 28, 2010 at 2.36 p.m.
"With the elegance of simplicity and the precision of science, Dosssey shows us how we can create a lasting partnership between faith and medicine." - Deepak Chopra, M.D.
Studies show that almost everyone prays when faced wit illness or grave injury - but can prayer actually help to heal us? According to physician Larry Dossey the answer is an emphatic - and jubilant - "YES!" We believe the Divine Creator with spirituality. Here is the common ground of Sino-American Economics of Health.
"Faith,hope,charity and temperance" are the words we bear in mind at all times in the mundane world with the trusted "MANTRA/incantation" Here is Sino-American Economics of Belief in the mundane world.
Francis Shieh aka Xie Shihao remembering our Laotianye regardless of the technical name but the mind and heart of folks who have faith,hope,charity with temperance on earth.
Thursday,January 28, 2010 at 2.36 p.m.
Panda Destination Set:WashPost,Jan.28,2010
Washington Post, January 28, 2010 on page B2
Tai Shan will be the Bifengxia Panda Base outside the city of Ya'an, in the mountains of south-central China.
The base was a region as a traditional home to Pandas and is somewhat similar in the mountainous Appalachian area of southwestern North Carolina,USA.
Here is the Sino-American Economics of the VIP: Acronym for: Very Important Panda,not Very Important Person.
Francis Shieh aka Xie Shihao,an admirer of Panda in USA and in China on Thursday,January 28, 2010 at 8.12 a.m.
Tai Shan will be the Bifengxia Panda Base outside the city of Ya'an, in the mountains of south-central China.
The base was a region as a traditional home to Pandas and is somewhat similar in the mountainous Appalachian area of southwestern North Carolina,USA.
Here is the Sino-American Economics of the VIP: Acronym for: Very Important Panda,not Very Important Person.
Francis Shieh aka Xie Shihao,an admirer of Panda in USA and in China on Thursday,January 28, 2010 at 8.12 a.m.
Wednesday, January 27, 2010
IMF Sees 3.9% Global Growth Rate:WSJ 1/27/10
Wall Street Journal, January 27, 2010 RE: Comparative Economics in the world.
Page A9: International Monetary Fund (IMF) estimates that China's growth rate will be 10% this year and nearly as fast in 2011, the US and other rich countries are not likely to grow fast enough to reduce unemployment substantially. It is to be noted that jobs are relevant to economic growth. Jobs may be created in the public sector leading to the jobs in the private sector. That is the mix of two sectors in any economy. The role of the government must be understood especially during the global economic crisis.
Page A8: "Europe remains a major global player. Its 16 trillion economy accounts for 28% of global output, more than the US. The EU's integrated consumer market is the top destination for Chinese goods." Consumers in Europe would like to pay less for Chinese products when the quality is good but the cost is low.
The updated information may be useful reference for Sino-American Economics in the years to come. Open competition is the name of the game of trade to honor the Law of Comparative Advantage.
Francis Shieh a.k.a. Xie Shihao, a watcher of economic happenings in the global context. In Pin Yin: "Lai long qu mai" in the 21st century.
Wednesday, January 27, 2010 at 2 p.m.
Page A9: International Monetary Fund (IMF) estimates that China's growth rate will be 10% this year and nearly as fast in 2011, the US and other rich countries are not likely to grow fast enough to reduce unemployment substantially. It is to be noted that jobs are relevant to economic growth. Jobs may be created in the public sector leading to the jobs in the private sector. That is the mix of two sectors in any economy. The role of the government must be understood especially during the global economic crisis.
Page A8: "Europe remains a major global player. Its 16 trillion economy accounts for 28% of global output, more than the US. The EU's integrated consumer market is the top destination for Chinese goods." Consumers in Europe would like to pay less for Chinese products when the quality is good but the cost is low.
The updated information may be useful reference for Sino-American Economics in the years to come. Open competition is the name of the game of trade to honor the Law of Comparative Advantage.
Francis Shieh a.k.a. Xie Shihao, a watcher of economic happenings in the global context. In Pin Yin: "Lai long qu mai" in the 21st century.
Wednesday, January 27, 2010 at 2 p.m.
Tom Toles did a cartoon for Tai Shan to be back to China
Washington Post, January 27, 2010 A drawing of Panda on page A18 but a real photo of Tai Shan on page C10 can be seen with a smile or smirk before departure? The reader can be the judge or the Jury to make a case with some difficulty or nobrainer, a cinch?
Question: Any potent symbolism today? Perhaps the media would reveal the Sino-American Economics of Trade?
Answer: Tai Shan, mascot(or a distinguished guest?) of our nation's capital, being taken back to China,because he is owned by China. His parents are in the US on loan basis for millions of $s. Here is Sino-American economics in the works! Moreover,Pandas are being loved by all folks on earth. The Law of Supply and Demand is being honored here under the cage in the zoo,however.
It is known that the Hairy white and black mammal is to be viewed with enjoyment by folks in USA and China regardless of race,color or national origin. Mammals are mammals as homosapiens per se. But Panda's favorite diet is bamboo sticks,not humans for certainty.
Francis Shieh aka Xie Shihao trying to see the light side of everything in the mundane world as a disciple of Mark Twain.
Wednesday, January 27, 2010 at 9.40 a.m.
Question: Any potent symbolism today? Perhaps the media would reveal the Sino-American Economics of Trade?
Answer: Tai Shan, mascot(or a distinguished guest?) of our nation's capital, being taken back to China,because he is owned by China. His parents are in the US on loan basis for millions of $s. Here is Sino-American economics in the works! Moreover,Pandas are being loved by all folks on earth. The Law of Supply and Demand is being honored here under the cage in the zoo,however.
It is known that the Hairy white and black mammal is to be viewed with enjoyment by folks in USA and China regardless of race,color or national origin. Mammals are mammals as homosapiens per se. But Panda's favorite diet is bamboo sticks,not humans for certainty.
Francis Shieh aka Xie Shihao trying to see the light side of everything in the mundane world as a disciple of Mark Twain.
Wednesday, January 27, 2010 at 9.40 a.m.
Tuesday, January 26, 2010
China's $2.4 trillion fun, a stupendous amount of opportunities for all nations
Washington Post, January 25, 2010 page A17: "...Two third's or more of China's reserve are estimated to be held in US dollars.
China's huge reserves - invested in US bonds - are cited as one reason for the low interest rates that brought on the financial crisis. China has no desire to substitute the RMB for the dollar as the primary global currency."
Wall Street Journal, January 25, 2010 on page A18: Andre George of Paradise Valley, Arizona wrote to the Editor: "Let's face it, China could buy all US gold reserves by simply cashing in a fraction of its Treasury bonds. A sobering thought indeed."
My comments: Buying and selling of products would be normal operations in business but risks would be greater in sales of weapons. The reason is clearly obvious: Wars yield destructions and peace is the final goal for humans on earth.
Both USA and China and members of the Security Council of the United Nations to seek peace and economic development in the 21st century.
Page C1:Wisdom from the East to advise the West: Peering into the future- Henry Hu, now working for the SEC to monitor financial risk, warned in 1993 about problems with derivatives with his insightful vision. He has made a specialty of figuring out how finance can go awry in unexpected ways. "It's the low probability catastrophic events that can kill a bank." David Bookstaber, another critic of financial innovation told Congress that derivatives are vehicles for gambling and he has urged a flight to simplicity in financial products.
In my New Year's Resolution with the succinct equation: 4S-2D=RCA
S- Simplicity
S- Sincerity
S- Serenity
S- Serendipity
D- Diversion
D- Depression
R- Renewal
C- Compassion
A- Amity
The above philosophical acronym with annotation may be food for thought for all readers for Sino-American economics in the proper direction.
Francis Shieh aka Xie Shihao,a lifelong student to learn the wisdom from other thinkers to share thoughts with readers of Sino-American Economics in the positive scenarios in the mundane world.
Tuesday, January 26, 2010 at 1.18 p.m.
China's huge reserves - invested in US bonds - are cited as one reason for the low interest rates that brought on the financial crisis. China has no desire to substitute the RMB for the dollar as the primary global currency."
Wall Street Journal, January 25, 2010 on page A18: Andre George of Paradise Valley, Arizona wrote to the Editor: "Let's face it, China could buy all US gold reserves by simply cashing in a fraction of its Treasury bonds. A sobering thought indeed."
My comments: Buying and selling of products would be normal operations in business but risks would be greater in sales of weapons. The reason is clearly obvious: Wars yield destructions and peace is the final goal for humans on earth.
Both USA and China and members of the Security Council of the United Nations to seek peace and economic development in the 21st century.
Page C1:Wisdom from the East to advise the West: Peering into the future- Henry Hu, now working for the SEC to monitor financial risk, warned in 1993 about problems with derivatives with his insightful vision. He has made a specialty of figuring out how finance can go awry in unexpected ways. "It's the low probability catastrophic events that can kill a bank." David Bookstaber, another critic of financial innovation told Congress that derivatives are vehicles for gambling and he has urged a flight to simplicity in financial products.
In my New Year's Resolution with the succinct equation: 4S-2D=RCA
S- Simplicity
S- Sincerity
S- Serenity
S- Serendipity
D- Diversion
D- Depression
R- Renewal
C- Compassion
A- Amity
The above philosophical acronym with annotation may be food for thought for all readers for Sino-American economics in the proper direction.
Francis Shieh aka Xie Shihao,a lifelong student to learn the wisdom from other thinkers to share thoughts with readers of Sino-American Economics in the positive scenarios in the mundane world.
Tuesday, January 26, 2010 at 1.18 p.m.
Everyone loves Panda: Folks in USA and in China
Washington Post, January 26, 2010 on page B1,B3:Photo on page E3
Tai Shan booked on a Feb.4 flight, but first, a goodbye party Saturday,Jan.30th
Tai Shan is old enough to breed, and conservationists in China want him in their program to try to increase the population of endangered giant pandas.
Smithsonian Secretary Wayne Clough, calling the news "bittersweet," said Tan Shan will travel on a flight and be accompanied by a panda from a zoo in Atlanta. An Atlanta zoo spokeswoman said that its panda is a 3-year-old female named Mei Lan.
I happened to know a lady named Mei Lan in China. What a coincidence,indeed!
Francis Shieh a.k.a. Xie Shihao, an octogenarian who enjoys watching Panda having the taste of bamboo sticks. I like sugarcane in China with sweet taste ever since I was a youngster in Shanghai.
January 26, 2010 at 10.16 a.m.
Tai Shan booked on a Feb.4 flight, but first, a goodbye party Saturday,Jan.30th
Tai Shan is old enough to breed, and conservationists in China want him in their program to try to increase the population of endangered giant pandas.
Smithsonian Secretary Wayne Clough, calling the news "bittersweet," said Tan Shan will travel on a flight and be accompanied by a panda from a zoo in Atlanta. An Atlanta zoo spokeswoman said that its panda is a 3-year-old female named Mei Lan.
I happened to know a lady named Mei Lan in China. What a coincidence,indeed!
Francis Shieh a.k.a. Xie Shihao, an octogenarian who enjoys watching Panda having the taste of bamboo sticks. I like sugarcane in China with sweet taste ever since I was a youngster in Shanghai.
January 26, 2010 at 10.16 a.m.
Americans and Chinese do have sweet teeth in common
Washington Post, Jan.26, 2010 on page C4: Read below and you'll be sweet for sure.(sic)
Jelly contains fruit juice or clear liquid and syrup or sugar. When it's cooked,it gels...thus jelly!
Jam is cooked, pureed fruit, and it has a soft, thick consistency.
Preserves contain either large chunks of fruit or whole fruit in heavy syrup.
Marmalade contains small pieces of rind and fruit, and can have other fruits addded.
Fruit butter is usually smooth and made from fruit pulp and spices. I love to eat them to supply the demand of my sweet tooth.
In Pin Yin system of romanization in the Chinese language: "Guo jiang" or "guo fu" to cover the above various kinds in a nut shell.
Chinese is easy,indeed! Cf."A Glimpse of the Chinese Language" to find out the details. Available at www.rand.org for a free copy pdf format if you would use your fingers to click for dexterity aprops of good exercise to maintain health.
Francis Shieh a.k.a. Xie Shihao comparing American and Chinese things RE Sweets for the sweet folks in USA and in China. Nobody would demur such sweet blog. Hehehahahoho all the way and we shall live to be centenarians. Laughter begets longevity! A native of Shanghai looking forward for World Expo in Shanghai starting May 2010. Tuesday, January 26, 2010 at 10 a.m.
Jelly contains fruit juice or clear liquid and syrup or sugar. When it's cooked,it gels...thus jelly!
Jam is cooked, pureed fruit, and it has a soft, thick consistency.
Preserves contain either large chunks of fruit or whole fruit in heavy syrup.
Marmalade contains small pieces of rind and fruit, and can have other fruits addded.
Fruit butter is usually smooth and made from fruit pulp and spices. I love to eat them to supply the demand of my sweet tooth.
In Pin Yin system of romanization in the Chinese language: "Guo jiang" or "guo fu" to cover the above various kinds in a nut shell.
Chinese is easy,indeed! Cf."A Glimpse of the Chinese Language" to find out the details. Available at www.rand.org for a free copy pdf format if you would use your fingers to click for dexterity aprops of good exercise to maintain health.
Francis Shieh a.k.a. Xie Shihao comparing American and Chinese things RE Sweets for the sweet folks in USA and in China. Nobody would demur such sweet blog. Hehehahahoho all the way and we shall live to be centenarians. Laughter begets longevity! A native of Shanghai looking forward for World Expo in Shanghai starting May 2010. Tuesday, January 26, 2010 at 10 a.m.
Dinosaurs in China for American interest in the name of science
Washington Post, January 26, 2010 on page E1,E3 Science section:
The fossils in China - more than 15,000 fractured, mangled and blackened bones from about 65 million years ago-support theories of a catastrophe. Global fires, Explosions. Climate change.
This finding is very important for understanding the very end of the age of dinosaurs," said James M. Clark, a paleontologist at George Washington University who has examined some of the fossils.
For decades,much of the research was in USA at sites in Utah and Montana. But over the past years,attention has shifted to China, with discoveries in Zhucheng and other sites.
Here we know the need of Sino-American economics of scientific cooperation and collaboration in the 21st century.
Francis Shieh aka Xie Shihao keeping abreast of actions taken by Americans and Chinese for mutual benefit.
Tuesday, January 26, 2010 at 9.22 a.m.
The fossils in China - more than 15,000 fractured, mangled and blackened bones from about 65 million years ago-support theories of a catastrophe. Global fires, Explosions. Climate change.
This finding is very important for understanding the very end of the age of dinosaurs," said James M. Clark, a paleontologist at George Washington University who has examined some of the fossils.
For decades,much of the research was in USA at sites in Utah and Montana. But over the past years,attention has shifted to China, with discoveries in Zhucheng and other sites.
Here we know the need of Sino-American economics of scientific cooperation and collaboration in the 21st century.
Francis Shieh aka Xie Shihao keeping abreast of actions taken by Americans and Chinese for mutual benefit.
Tuesday, January 26, 2010 at 9.22 a.m.
Sunday, January 24, 2010
Current issues of Economist,Atlantic and Strategy+Business
"The Economist,"Jan.22nd, 2010 issue: China'a Misunderstood Economy:- Subtitle: The rise of China hits some turbulence but China's economy is not about to crash. The only way to reason is to be optimistic because of the nature of globalization. Let us cite the hard data:
Page 15: "Car sales jumped by 53% in 2009. Industrial profits rose by 70% in the 3 months to November compared with a year earlier. Imports up by a 56% confirming that domestic demand is robust. Even if share and house prices do collapse, the result is likely a pause,not a prolonged period of stagnation." I would concur such reasoning.
"Critics and pessimists are prone to have negative scenarios but the facts turn out to be the most successful intentional monetary and fiscal stimulus in history."
"ATLANTIC" Monthly Magazine,Jan.-Feb. 2010 issue: James Fallows wrote a lengthy feature article about CHINA from page 38-55. I enjoyed reading such but I can surely detect the difference of opinions of thinkers. In Pin Yin: "Zhong kou, zhong mu,si lu fen qi." I would strongly recommend readers to read such article in details.
Next month's ATLANTIC issue (March-April) on the shift of power between America and China including the military implications. I shall look forward to read his story with citations but I would maintain my conviction that cooperation and collaboration of Sino-American economics would be in the best interest for mutual benefit of two nations in the global context for peace and economic development. "Lai long qu mai" in Pin Yin.
"Strategy+ Business,"winter 2009 current issue with the following heading: -
"Capturing the Asian Opportunity: Economic recovery in China,India in the region could be the strongest sources of sustained global growth for years to come.
Such title would dovetail my thoughts as well. That remains to be seen.
Francis Shieh aka Xie Shihao,an eager reader to share the above with readers online to stay ahead for personal enrichment.
Sunday, January 24, 2010 at Bowie Library at 1.36 p.m.
Page 15: "Car sales jumped by 53% in 2009. Industrial profits rose by 70% in the 3 months to November compared with a year earlier. Imports up by a 56% confirming that domestic demand is robust. Even if share and house prices do collapse, the result is likely a pause,not a prolonged period of stagnation." I would concur such reasoning.
"Critics and pessimists are prone to have negative scenarios but the facts turn out to be the most successful intentional monetary and fiscal stimulus in history."
"ATLANTIC" Monthly Magazine,Jan.-Feb. 2010 issue: James Fallows wrote a lengthy feature article about CHINA from page 38-55. I enjoyed reading such but I can surely detect the difference of opinions of thinkers. In Pin Yin: "Zhong kou, zhong mu,si lu fen qi." I would strongly recommend readers to read such article in details.
Next month's ATLANTIC issue (March-April) on the shift of power between America and China including the military implications. I shall look forward to read his story with citations but I would maintain my conviction that cooperation and collaboration of Sino-American economics would be in the best interest for mutual benefit of two nations in the global context for peace and economic development. "Lai long qu mai" in Pin Yin.
"Strategy+ Business,"winter 2009 current issue with the following heading: -
"Capturing the Asian Opportunity: Economic recovery in China,India in the region could be the strongest sources of sustained global growth for years to come.
Such title would dovetail my thoughts as well. That remains to be seen.
Francis Shieh aka Xie Shihao,an eager reader to share the above with readers online to stay ahead for personal enrichment.
Sunday, January 24, 2010 at Bowie Library at 1.36 p.m.
Washington Post,January 24, 2010:Global Optimism
Page G4: The rising confidence in US is most pronounced when it comes to the world's largest economy. Investors rate the US with some emerging markets. Thirty% chose the US, just behind China,33%, and Brazil,32%. Three months ago, the US was a distant fourth,chosen by 18%.
China reported that its GDP surged to 10.7% in the 4th quarter,marking its fastest growth in any quarter since 2007.
Page B7 an Ad apropos of the newly published book for reader's reference.
"Freefall" by Joseph E. Stiglitz, winner of the Nobel Prize in Economics.
Subtitle: America,Free Markets,and the sinking of the world economy.
Stiglitz outlines a way forward.: Like his best selling Globalization and its Discontents, "FreeFall" is an instant classic that will redefine our understanding of the coming global economic order. He helps his readers understand exactly what is at stake. Published by W.W.Norton. www.wwnorton.com for information.
My comment: It is a quick-knowing nimble contribution of fungible money being economic exchanges globally with profound insights. Hooray for such exposition to the readers from his expertise par excellence!
One of my students raved about Professor Stiglitz with admiration when he was a guest lecturer in Guangzhou in 1992-1993 to my recollection.
Francis Shieh aka Xie Shihao,a guest lecturer in Guangzhou and Beijing from 1992-1996but still a lifelong student of economics to learn economics from other economists for knowledge and wisdom ad infinitum. Sunday, January 24 2010 at 9.16 a.m.
China reported that its GDP surged to 10.7% in the 4th quarter,marking its fastest growth in any quarter since 2007.
Page B7 an Ad apropos of the newly published book for reader's reference.
"Freefall" by Joseph E. Stiglitz, winner of the Nobel Prize in Economics.
Subtitle: America,Free Markets,and the sinking of the world economy.
Stiglitz outlines a way forward.: Like his best selling Globalization and its Discontents, "FreeFall" is an instant classic that will redefine our understanding of the coming global economic order. He helps his readers understand exactly what is at stake. Published by W.W.Norton. www.wwnorton.com for information.
My comment: It is a quick-knowing nimble contribution of fungible money being economic exchanges globally with profound insights. Hooray for such exposition to the readers from his expertise par excellence!
One of my students raved about Professor Stiglitz with admiration when he was a guest lecturer in Guangzhou in 1992-1993 to my recollection.
Francis Shieh aka Xie Shihao,a guest lecturer in Guangzhou and Beijing from 1992-1996but still a lifelong student of economics to learn economics from other economists for knowledge and wisdom ad infinitum. Sunday, January 24 2010 at 9.16 a.m.
Saturday, January 23, 2010
Populist pitch by President Obama in Ohio's Community College
Washington Post, January 23, 2010 on page A3:
President Obama gave a speech at Lorain County Community College apropos of training and retraining for folks to obtain marketable skills to find jobs in a changing economy. The examples are clean energy when he visited a specialized machine shop to train folks to maintain wind turbines, which provide a tiny but fast-growing part of the region's energy. He called on Congress to complete work on a jobs bill that would extend tax breaks and put new money into infrastructure, home weatherization and renewable energy. A photo was published with a wind-turbine lab at such community college.
"The Future of Community Colleges" published by the Congressional Record,July 18, 1974 with my vision in the 20th century to be applicable in the 21st century. Moreover,"Keys for Economic Understanding" was published to emphasize training and retraining the grassroots for economic development in USA.
In China,vocational education for para-professionals are stressed as well.
Here is the common ground of two nations on both sides of the Pacific to find mutual interest especially in apprenticeship that I would hope the leaders would take action in the 21st century.
Francis Shieh has been comparing the dire needs of economic societies regardless of the economic systems. Populist movement is for folks in USA and the leaders in the People's Republic of China would also consider education and training as sources of economic growth in the name of the human capital.
A poem by Emily Dickinson: " Love is anterior to life, Posterior to the departure,Initial of creation, and The Exponent of breath."
Published by the Washington Post, January 21, 2010 on page A20. Such poetry is designed to feed the soul. My Chinese name is Shihao,meaning hero of poetry but I am not a poet at all. I am a lifelong learner to study American English and refresh the Chinese language with focus on grand economic philosophy.
Saturday, January 23, 2010 at 10.32 a.m.
President Obama gave a speech at Lorain County Community College apropos of training and retraining for folks to obtain marketable skills to find jobs in a changing economy. The examples are clean energy when he visited a specialized machine shop to train folks to maintain wind turbines, which provide a tiny but fast-growing part of the region's energy. He called on Congress to complete work on a jobs bill that would extend tax breaks and put new money into infrastructure, home weatherization and renewable energy. A photo was published with a wind-turbine lab at such community college.
"The Future of Community Colleges" published by the Congressional Record,July 18, 1974 with my vision in the 20th century to be applicable in the 21st century. Moreover,"Keys for Economic Understanding" was published to emphasize training and retraining the grassroots for economic development in USA.
In China,vocational education for para-professionals are stressed as well.
Here is the common ground of two nations on both sides of the Pacific to find mutual interest especially in apprenticeship that I would hope the leaders would take action in the 21st century.
Francis Shieh has been comparing the dire needs of economic societies regardless of the economic systems. Populist movement is for folks in USA and the leaders in the People's Republic of China would also consider education and training as sources of economic growth in the name of the human capital.
A poem by Emily Dickinson: " Love is anterior to life, Posterior to the departure,Initial of creation, and The Exponent of breath."
Published by the Washington Post, January 21, 2010 on page A20. Such poetry is designed to feed the soul. My Chinese name is Shihao,meaning hero of poetry but I am not a poet at all. I am a lifelong learner to study American English and refresh the Chinese language with focus on grand economic philosophy.
Saturday, January 23, 2010 at 10.32 a.m.
Phoenix TV Hong Kong reports on January 23, 2010
Shanghai's Heavy Equipment firm has signed a contract in New York City to sell cranes to an American company in the amount of RMB 0.6 billion. Both parties were pleased to have such agreement for mutual benefit. The cranes are going to be delivered in 2012. The law of comparative advantage is implemented for Sino-American economics in action as I envision in the years to come.
Francis Shieh aka Xie Shihao watching economic happenings to validate the substance of bi-lateral trade relations.
Saturday, January 23, 2010 at 5.42 a.m.
Francis Shieh aka Xie Shihao watching economic happenings to validate the substance of bi-lateral trade relations.
Saturday, January 23, 2010 at 5.42 a.m.
Friday, January 22, 2010
WSJ,Jan.22,10 and USAToday,Jan.22-24,2010 with thoughts
Wall Street Journal,Jan.22,2010:
Page A1: High Court Kills Limit Corporate Political Spending.( in favor of Corporate America.) "What is good for General Motors(GM) is good for America" as the saying goes and GM is doing well in Shanghai,China. Ergo,What is good for GM in China is good for America. Such expression may be applicable to Sino-American Economics.
Richard Hasen at Loyola Law School comments:"The spigot is ...wide open." Money keeps coming...and going ad infinitum according to 5-4 ruling by the Supreme Court.
Page B1: Google says:"It is committed to China as Net Profit soars."
My comments: Money makes homosapiens go. The following acronym being appropriate(sic):
M - Mundane
O - Operations
N - Negates
E - Eternal
Y - Yon as Yonder
In Pin Yin: "Shi su de cao zuo fou ding le yong jiu bu xiu."
Are we seeking the secular things in the mundane world i.e. money or, rather, the final eternity that all humans must face eventually. Words for our profound thought.
Moreover,when we look at the palm of our hands,we see M for Mortality. All folks are mortals but our soul is immortal with our faith,hope and love.
Francis Shieh a.k.a. Xie Shihao,former faculty at Ignatius Loyola College in 1945-47 on January 22, 2010 at 1.52 p.m.
Page A1: High Court Kills Limit Corporate Political Spending.( in favor of Corporate America.) "What is good for General Motors(GM) is good for America" as the saying goes and GM is doing well in Shanghai,China. Ergo,What is good for GM in China is good for America. Such expression may be applicable to Sino-American Economics.
Richard Hasen at Loyola Law School comments:"The spigot is ...wide open." Money keeps coming...and going ad infinitum according to 5-4 ruling by the Supreme Court.
Page B1: Google says:"It is committed to China as Net Profit soars."
My comments: Money makes homosapiens go. The following acronym being appropriate(sic):
M - Mundane
O - Operations
N - Negates
E - Eternal
Y - Yon as Yonder
In Pin Yin: "Shi su de cao zuo fou ding le yong jiu bu xiu."
Are we seeking the secular things in the mundane world i.e. money or, rather, the final eternity that all humans must face eventually. Words for our profound thought.
Moreover,when we look at the palm of our hands,we see M for Mortality. All folks are mortals but our soul is immortal with our faith,hope and love.
Francis Shieh a.k.a. Xie Shihao,former faculty at Ignatius Loyola College in 1945-47 on January 22, 2010 at 1.52 p.m.
China,India head toward recovery faster than West
Washington Post, January 22, 2010 on page A14:
Economic Growth beats that of USA: The giant and emerging economies of China and India appear to be lurching toward recovery faster than their more developed Western counterparts, including USA. Howcome? We are the leaders but we need to be humble. Those who humble themselves shall be exalted!
World Bank forecasters expect the recession-weary US economy to grow only 2.5% but that more than doubles expectations for stagnant Europe.
In China, the boom is in residential property, where individual homeownership has hit a frenzy. James Chataway wrote this week. China is set to overtake the US as the world's largest construction market by 2018 with India close behind, according to a report out from Global Construction Perspectives.
Photo on page A14: A cook chats with a friend as he takes a break after the lunch rush outside a small local restaurant in Shanghai. China's 4th quarter GDP shot up 10.7%.
Page A20: A letter to the editor from Raice McLeod:
"Our 21st century lifestyle touts the desirability of immediacy in all things, and many of us do not see the fallacy of this siren song. President Obama is far from perfect, but the path back to stability and peace deserves more support than the craven choice displayed in Massachusetts. "Instant Coffee" may be available but no Instant economic recovery. We ought to know!
My comment: Patience is a virtue but how many of us are virtuous? Be modest and we are sinners as per the holy conceptual understanding.
Francis Shieh aka Xie Shihao, an eager student of philosophy remembering epistemology and cosmology. Let us admire nature and stay away from temptations in the mundane world.
Friday,January 22, 2010 at 11.32 a.m.
Economic Growth beats that of USA: The giant and emerging economies of China and India appear to be lurching toward recovery faster than their more developed Western counterparts, including USA. Howcome? We are the leaders but we need to be humble. Those who humble themselves shall be exalted!
World Bank forecasters expect the recession-weary US economy to grow only 2.5% but that more than doubles expectations for stagnant Europe.
In China, the boom is in residential property, where individual homeownership has hit a frenzy. James Chataway wrote this week. China is set to overtake the US as the world's largest construction market by 2018 with India close behind, according to a report out from Global Construction Perspectives.
Photo on page A14: A cook chats with a friend as he takes a break after the lunch rush outside a small local restaurant in Shanghai. China's 4th quarter GDP shot up 10.7%.
Page A20: A letter to the editor from Raice McLeod:
"Our 21st century lifestyle touts the desirability of immediacy in all things, and many of us do not see the fallacy of this siren song. President Obama is far from perfect, but the path back to stability and peace deserves more support than the craven choice displayed in Massachusetts. "Instant Coffee" may be available but no Instant economic recovery. We ought to know!
My comment: Patience is a virtue but how many of us are virtuous? Be modest and we are sinners as per the holy conceptual understanding.
Francis Shieh aka Xie Shihao, an eager student of philosophy remembering epistemology and cosmology. Let us admire nature and stay away from temptations in the mundane world.
Friday,January 22, 2010 at 11.32 a.m.
President Obama launched a 10-year,$12 billion program to invest in community colleges
To the readers of "Sino-American Economics"
I am gratified to learn that Martha Kanter,EdD'89 at USF is the undersecretary of education at the US Department of Education in Washington, D.C.
Dr. Kanter has focused her life work on making higher education accessible to all,writing USF doctoral dissertation on the very topic.
I have shared her interest with the following works since 1970s as I earned my California Community College Teaching Credential in 1961.
The following works are evidence of my academic focus. To wit: -
1."Keys for Economic Understanding" 1971. Listed at www.Borders.com (Used books) and www.loc.gov Library of Congress online catalog.
2."The Future of Community Colleges" Published by the Congressional Record,July 18, 1974.
3."Keys to Economic Understanding" Listed in www.ask.com and www.loc.gov
4."Work and Study Cycle Theory"(1978) Doctoral disseration,listed at Georgetown University Library online catalog.
President Obama will go to a community college today via C-Span Radio as evidence of his focus on the grassroots for education and training of Americans apropos of economic growth in the 21st century.
Francis Shieh aka Xie Shihao, an avid learner of Economics since my arrival in 1947 to pursue my advanced studies at the University of San Francisco and earned my graduate degree at Georgetown University plus Ph.D. at California National Open University for open education, authorized by California Department of Education for studies beyond the walls. The Community College System, as a source of economic development, has been cited by Professor Richard T. Gill of Harvard in his economics textbooks in 1973 and 1975. Such rationale has been developed to online education in the 21st century for easy access of education for the needs of folks with innovation of new concept in education. The expression:" School of Hard Knocks" may be a case of point for life experience as a form of hands-on or in-brains education.
In China,vocational education is very much stressed for the needs of applied economics in the real world.
Friday,January 22, 2010 at 10.12 a.m.
I am gratified to learn that Martha Kanter,EdD'89 at USF is the undersecretary of education at the US Department of Education in Washington, D.C.
Dr. Kanter has focused her life work on making higher education accessible to all,writing USF doctoral dissertation on the very topic.
I have shared her interest with the following works since 1970s as I earned my California Community College Teaching Credential in 1961.
The following works are evidence of my academic focus. To wit: -
1."Keys for Economic Understanding" 1971. Listed at www.Borders.com (Used books) and www.loc.gov Library of Congress online catalog.
2."The Future of Community Colleges" Published by the Congressional Record,July 18, 1974.
3."Keys to Economic Understanding" Listed in www.ask.com and www.loc.gov
4."Work and Study Cycle Theory"(1978) Doctoral disseration,listed at Georgetown University Library online catalog.
President Obama will go to a community college today via C-Span Radio as evidence of his focus on the grassroots for education and training of Americans apropos of economic growth in the 21st century.
Francis Shieh aka Xie Shihao, an avid learner of Economics since my arrival in 1947 to pursue my advanced studies at the University of San Francisco and earned my graduate degree at Georgetown University plus Ph.D. at California National Open University for open education, authorized by California Department of Education for studies beyond the walls. The Community College System, as a source of economic development, has been cited by Professor Richard T. Gill of Harvard in his economics textbooks in 1973 and 1975. Such rationale has been developed to online education in the 21st century for easy access of education for the needs of folks with innovation of new concept in education. The expression:" School of Hard Knocks" may be a case of point for life experience as a form of hands-on or in-brains education.
In China,vocational education is very much stressed for the needs of applied economics in the real world.
Friday,January 22, 2010 at 10.12 a.m.
Thursday, January 21, 2010
Wall Street concerns China reining in its economy
Washington Post, Jan.21, 2010 on page A17:
Concerns that China would slow its massive lending spree weighed on investors. "China is the reason the global eonomy got off the mat in 2009. They single-handedly saved global economic activity," Said Boockvar,equity strategist at Miller Tabak.
"If it's true that China is trying to manage the economy into a slower growth trajectory, that could have disconcerting impact on the global economic recovery,said Philip Orlando, chief equity markt strategist at Federated Investors in New York.
China's Shanghai composite index fell 3% Wednesday.
Page A16: China has rebounded strongly from the global downturn, but the government worries that heavy stimulus spending and bank leending jight fuel inflation. Regulators have ordered banks to control lending and analysits expect them to raise interest rates this year. Associated Press.
Francis Shieh aka Xie Shihao watching the developments to share with readers for Sino-American economics. Jan.21, 2010 at 12.16 p.m.
Concerns that China would slow its massive lending spree weighed on investors. "China is the reason the global eonomy got off the mat in 2009. They single-handedly saved global economic activity," Said Boockvar,equity strategist at Miller Tabak.
"If it's true that China is trying to manage the economy into a slower growth trajectory, that could have disconcerting impact on the global economic recovery,said Philip Orlando, chief equity markt strategist at Federated Investors in New York.
China's Shanghai composite index fell 3% Wednesday.
Page A16: China has rebounded strongly from the global downturn, but the government worries that heavy stimulus spending and bank leending jight fuel inflation. Regulators have ordered banks to control lending and analysits expect them to raise interest rates this year. Associated Press.
Francis Shieh aka Xie Shihao watching the developments to share with readers for Sino-American economics. Jan.21, 2010 at 12.16 p.m.
Wednesday, January 20, 2010
Wall Street Journal,USAToday,January 20, 2010
WSJ,Jan.20,2010: Page B1,B4:
China's Homegrown Movies Flourish: "Avatar" to be replaced by Confucius for educational purposes with my full endorsement as a teacher since 1945 in China and in the USA forsix decades plus.
As an educator with graduate studies in the USA, I respect Confucius/Mencius since I had my high school and university education in Shanghai under American-sponsored institutions plus my advanced work at Georgetown University Graduate School from 1948-1950. I wrote my thesis on Confucianism with comparison with Greek philosophers for my graduate degree. Moreover,I had my friends and relatives under the influence of Confucianism as tradition from Asian countries. Confucianism is relevant to economics in many fields including human behavior.
Furthermore,I lectured in Hong Kong, Macao and visited Japan,Korea and Singapore to research such influence in Asia apropos of ethics and morality for professional development. Such educational endeavors have reinforced the understanding of traditional Asian culture from the East to be known in the West as the common ground for humanity as a whole.
At present,folks in China like seeing local films, and local studios are stronger than before as reported by the media. Ethnicity works here with custom and tradition.
China is expected to surpass South Korea to become Asia's second-largest film market and could overtake Japan in five years at current growth rates as stated in WSJ.
Page B11: Omega-3 Fatty Acids are linked to longevity, said a US cardiologist published by the Journal of American Medical Association.
Laughter begets longevity as published in my previous blogs. Consequently,when a person eats plenty of fish and laughs a lot,he/she could live to be centenarians on the double in the light vein.(sic)
Page 9A: Japanese Prime Minister Hatoyama's photo with Chinese characters i.e. Kanji was published to demonstrate the cultural affinity of languages for communication.
The US, South Korea, Japan, China and Russia are working to push North Korea to return to stalled nuclear disarmament talks. Such is the issue of paramount importance for peace in the Pacific and the world at large.
Francis Shieh aka Xie Shihao on Wednesday, January 20, 2010 at 2.12 p.m.
China's Homegrown Movies Flourish: "Avatar" to be replaced by Confucius for educational purposes with my full endorsement as a teacher since 1945 in China and in the USA forsix decades plus.
As an educator with graduate studies in the USA, I respect Confucius/Mencius since I had my high school and university education in Shanghai under American-sponsored institutions plus my advanced work at Georgetown University Graduate School from 1948-1950. I wrote my thesis on Confucianism with comparison with Greek philosophers for my graduate degree. Moreover,I had my friends and relatives under the influence of Confucianism as tradition from Asian countries. Confucianism is relevant to economics in many fields including human behavior.
Furthermore,I lectured in Hong Kong, Macao and visited Japan,Korea and Singapore to research such influence in Asia apropos of ethics and morality for professional development. Such educational endeavors have reinforced the understanding of traditional Asian culture from the East to be known in the West as the common ground for humanity as a whole.
At present,folks in China like seeing local films, and local studios are stronger than before as reported by the media. Ethnicity works here with custom and tradition.
China is expected to surpass South Korea to become Asia's second-largest film market and could overtake Japan in five years at current growth rates as stated in WSJ.
Page B11: Omega-3 Fatty Acids are linked to longevity, said a US cardiologist published by the Journal of American Medical Association.
Laughter begets longevity as published in my previous blogs. Consequently,when a person eats plenty of fish and laughs a lot,he/she could live to be centenarians on the double in the light vein.(sic)
Page 9A: Japanese Prime Minister Hatoyama's photo with Chinese characters i.e. Kanji was published to demonstrate the cultural affinity of languages for communication.
The US, South Korea, Japan, China and Russia are working to push North Korea to return to stalled nuclear disarmament talks. Such is the issue of paramount importance for peace in the Pacific and the world at large.
Francis Shieh aka Xie Shihao on Wednesday, January 20, 2010 at 2.12 p.m.
Chinese food is yummy for all folks + other tidbits
Washington Post,Jan.20, 2010 page E4,E6:
Chinese poached fish with soy sauce: Grouper is best for steamed than poached in the yummy sauce plus bean thread noodles. Fish and veggie would be healthy food.
Soybean cake or "Dou fu" is to be cut into pieces along with bell pepper and garlic with scallions. The secret of Chinese cooking is to put scallion and fresh ginger to all dishes. Such condiments would get rid of the greasy elements in food.
Page A15: " Learning to get jobs": Training is stressed for folks to develop marketable skills from job training in community colleges in the public sector via the grassroots for economic growth. Page A3: Federal funds aimed at public school overhaul.
Such rationale can be found in the paper entitled: "The Future of Community Colleges,"published by the Congressional Record, July 18, 1974 with a vision in the 20th century.
Page B3: Comedian Bill Cosby encourages "doing good" for folks with a designed sweater shirt for such purpose. (Photo) I have been doing eleemosynary work as my way of doing good in the mundane world.
Francis Shieh aka Xie Shihao, an octogenarian blogger sharing news online with YOU. Have a great day,everyday to enjoy life on earth.
Wednesday, January 20, 2010 at 9.26 a.m.
Chinese poached fish with soy sauce: Grouper is best for steamed than poached in the yummy sauce plus bean thread noodles. Fish and veggie would be healthy food.
Soybean cake or "Dou fu" is to be cut into pieces along with bell pepper and garlic with scallions. The secret of Chinese cooking is to put scallion and fresh ginger to all dishes. Such condiments would get rid of the greasy elements in food.
Page A15: " Learning to get jobs": Training is stressed for folks to develop marketable skills from job training in community colleges in the public sector via the grassroots for economic growth. Page A3: Federal funds aimed at public school overhaul.
Such rationale can be found in the paper entitled: "The Future of Community Colleges,"published by the Congressional Record, July 18, 1974 with a vision in the 20th century.
Page B3: Comedian Bill Cosby encourages "doing good" for folks with a designed sweater shirt for such purpose. (Photo) I have been doing eleemosynary work as my way of doing good in the mundane world.
Francis Shieh aka Xie Shihao, an octogenarian blogger sharing news online with YOU. Have a great day,everyday to enjoy life on earth.
Wednesday, January 20, 2010 at 9.26 a.m.
Reminiscing about Shanghai,the city for World Expo 2010
1. Avenue Joffre is now Huaihaizhonglu,4 Chinese characters with chic stores and malls for window shoppers rubbing shoulders with folks of the same face value to search for fashionable lifestyle with elegance as the Shanghai tradition.
2. Morning exercises of Taijiquan, 3 Chinese words to mean Super-extreme boxing on the promenade near the Bund overlooking at Jinmao Tower(Grand Hyatt) I visited such famous place with my sister and her family members several times.
3. The modern Shanghai Grand Theatre was the venue of my sister's wedding in 1940s. I had dinner in two of the nearby restaurants several times for their delectable cuisine. Needless to say,there are other good restaurants in different parts of the city such as "Heqi" with excellent food providing private rooms for guests.
4. The Yu Garden is the place for the famous "Xiaolongbao" i.e. Steamed Little Buns with gravy and other stores selling Chinese native products.
5. The pedestrianized part of Nanjing Lu from Henanlu to Xizanglu as "buxingjie" meaning the restricted carless street for rubber-necking,gaping sightseeing activities. 31 Ice Cream store is always crowded with patrons. I love ice cream anytime since I was at USF. I learned that ice cream is sold anytime of the year at USF. I used to think Ice Cream is for summertime only.
6. Suzhou is close to Shanghai with train nanmed "Dongche" as moving vehicle(train) I enjoyed "Guanqianjie," the street in front of a Taoist Temple with many stores to see even banks with ATM from Citi. My paternal grandfather moved to Shanghai from Suzhou to do insurance business with the British and my father taught at Anglo-Chinese college for decades as the reward of my grandfather's effort to work with the British. My uncle worked for AIG for many decades as an auditor for such family connections.
7. Taikanglu is known for its contemporary art galleries, cafes, small boutiques and workshops.
8. The former French concession was my former residence with my mother and all my relatives such as aunt,uncle,cousins and sister and her family for more than six decades. My father passed away when I was only seven years old.
9. I was born in the former British settlement and my father owned three houses but were sold in 1940s. The present owner remembers the Zia famiy in the Shanghainese,i.e. Wu dialect. Zia is Xie in official Mandarin but my last name is Shieh,a variation of Hsieh,the Wade-Giles system of romanization since Hs is difficult for Westerners to utter the sound so it was changed to Sh when I was admitted to be a graduate student at the University of San Francisco in 1947.
10. Recently I had the pleasure to be in Zhabei district with treelined streets as eco-friendly greenish area. It is convenient for residents to buy daily necessities in the nearby stores.
Francis Shieh a.k.a. Xie Shihao sending this blog to describe Shanghai in 10 points to give an overview of my native city. It would be a wonderful opportunity to visit Shanghai for World Expo starting in May 2010 to have on-the-spot real experience. The American Pavilion is estimated to cost 50 million,the largest showplace.
Wednesday, January 20,2010 at 6 a.m.
2. Morning exercises of Taijiquan, 3 Chinese words to mean Super-extreme boxing on the promenade near the Bund overlooking at Jinmao Tower(Grand Hyatt) I visited such famous place with my sister and her family members several times.
3. The modern Shanghai Grand Theatre was the venue of my sister's wedding in 1940s. I had dinner in two of the nearby restaurants several times for their delectable cuisine. Needless to say,there are other good restaurants in different parts of the city such as "Heqi" with excellent food providing private rooms for guests.
4. The Yu Garden is the place for the famous "Xiaolongbao" i.e. Steamed Little Buns with gravy and other stores selling Chinese native products.
5. The pedestrianized part of Nanjing Lu from Henanlu to Xizanglu as "buxingjie" meaning the restricted carless street for rubber-necking,gaping sightseeing activities. 31 Ice Cream store is always crowded with patrons. I love ice cream anytime since I was at USF. I learned that ice cream is sold anytime of the year at USF. I used to think Ice Cream is for summertime only.
6. Suzhou is close to Shanghai with train nanmed "Dongche" as moving vehicle(train) I enjoyed "Guanqianjie," the street in front of a Taoist Temple with many stores to see even banks with ATM from Citi. My paternal grandfather moved to Shanghai from Suzhou to do insurance business with the British and my father taught at Anglo-Chinese college for decades as the reward of my grandfather's effort to work with the British. My uncle worked for AIG for many decades as an auditor for such family connections.
7. Taikanglu is known for its contemporary art galleries, cafes, small boutiques and workshops.
8. The former French concession was my former residence with my mother and all my relatives such as aunt,uncle,cousins and sister and her family for more than six decades. My father passed away when I was only seven years old.
9. I was born in the former British settlement and my father owned three houses but were sold in 1940s. The present owner remembers the Zia famiy in the Shanghainese,i.e. Wu dialect. Zia is Xie in official Mandarin but my last name is Shieh,a variation of Hsieh,the Wade-Giles system of romanization since Hs is difficult for Westerners to utter the sound so it was changed to Sh when I was admitted to be a graduate student at the University of San Francisco in 1947.
10. Recently I had the pleasure to be in Zhabei district with treelined streets as eco-friendly greenish area. It is convenient for residents to buy daily necessities in the nearby stores.
Francis Shieh a.k.a. Xie Shihao sending this blog to describe Shanghai in 10 points to give an overview of my native city. It would be a wonderful opportunity to visit Shanghai for World Expo starting in May 2010 to have on-the-spot real experience. The American Pavilion is estimated to cost 50 million,the largest showplace.
Wednesday, January 20,2010 at 6 a.m.
Tuesday, January 19, 2010
USAToday, January 19, 2010 Citations with comments
Page 1A: "In economics of marriage, it's a man's world." Such exciting title is desirable for male readers to acclaim.(sic)
"Marriage is a different deal than it was 40 years ago." says Pew economist Richard Fry.
Professor Betsy Stevenson of the Wharton School of the University of Pennsylvania says Pew's analysis is too limited. She thinks otherwise,however.
My comment: Any analysis may be limited in the strict sense of the wording. Any research finding may be challenged intellectually and academically to a certain extent. Folks hold different views by virtue of their own perception and reception.
Page 10A: "Calculating Debt" Bob Sadler wrote to the Editor:
"I applaud the article "How do we dig out from $12 trillion debt?" and the massive problem the US has with its debt load.
There are far too many Americans who don't understand the gravity of the situation.
The unfunded debt from Social Security and Medicare liabilities nearly $50 trillion over 75 years.
Comments: Who has knowledge about the future including the war cost that is very fluid in the days to come!? Folks seem to pay attention to the present and live on day-to-day basis.
The views from the above-mentioned thinkers could be the common ground for the readers to have uncommon thoughts for Sino-American economics apropos of the future cooperation of USA and China in the global context.
In Pin Yin:"Ji si guang yi" and "Liang quan qi mei" as my reflections.
Francis Shieh a.k.a. Xie Shihao on Tuesday, January 19, 2010 at 12.36 p.m.
"Marriage is a different deal than it was 40 years ago." says Pew economist Richard Fry.
Professor Betsy Stevenson of the Wharton School of the University of Pennsylvania says Pew's analysis is too limited. She thinks otherwise,however.
My comment: Any analysis may be limited in the strict sense of the wording. Any research finding may be challenged intellectually and academically to a certain extent. Folks hold different views by virtue of their own perception and reception.
Page 10A: "Calculating Debt" Bob Sadler wrote to the Editor:
"I applaud the article "How do we dig out from $12 trillion debt?" and the massive problem the US has with its debt load.
There are far too many Americans who don't understand the gravity of the situation.
The unfunded debt from Social Security and Medicare liabilities nearly $50 trillion over 75 years.
Comments: Who has knowledge about the future including the war cost that is very fluid in the days to come!? Folks seem to pay attention to the present and live on day-to-day basis.
The views from the above-mentioned thinkers could be the common ground for the readers to have uncommon thoughts for Sino-American economics apropos of the future cooperation of USA and China in the global context.
In Pin Yin:"Ji si guang yi" and "Liang quan qi mei" as my reflections.
Francis Shieh a.k.a. Xie Shihao on Tuesday, January 19, 2010 at 12.36 p.m.
Soya:Perfect for everyone.Panda: Loved by all folks
Washington Post,January 19, 2010 on page E2: Common ground for folks in USA and in China with similar taste to appreciate the mammals and the food for nutrition.
Soy is a perfect food-almost. It has little fat, no cholesterol and lots of fiber. It is also high in protein, and it's complete protein, too. Unlike most vegetarian sources of protein, soy contains all the essential aminoacids the human body needs.
Photo: Stir-fried is just one of the many tasty ways t prepare tofu. Comment: Should be "dou fu" two Chinese words to mean bean mushed i.e. beancurd. However,the cost is different. Folks in USA earn more and pay more and Chinese earn less and pay less for "dou fu" I like "dou fu" very much since 1930s when I was a youngster in China.
Soy is in snacks such as Soyjoy fruit bars. Or chips such as Garden of Eatin'Little Soy Blues tortilla chips and Genisoy soy crisps. Try dried soy nuts, including chocolate-covered ones. Soy milk comes plain or flavored with vanilla,chocolate, even cappuccino and egg-nog. I have tried all these in USA for my taste buds.
Page E6: Photo of Panda romping and playing in the snow. Unlike other temperate-climate bears, pandas don't hibernate in the winter. In China, they eke out an existence in the mountains, descending to an elevation of about 5,000 feet in the winter to eat mostly bamboo stalks, avoiding the leaves, which contain diminished protein in the cold months. Smart pandas know best. Humans may learn from them.(sic)
Sources: Smithsonian's National Zoo; "Feeding strategy and resurces partitioning between giant and red pandas.
Francis Shieh aka Xie Shieh sharing the favorite healthy food and playful playmate with readers of Sino-American economics for updated information via the media.
Tuesday,January 19, 2010 at 9.32 a.m.
Soy is a perfect food-almost. It has little fat, no cholesterol and lots of fiber. It is also high in protein, and it's complete protein, too. Unlike most vegetarian sources of protein, soy contains all the essential aminoacids the human body needs.
Photo: Stir-fried is just one of the many tasty ways t prepare tofu. Comment: Should be "dou fu" two Chinese words to mean bean mushed i.e. beancurd. However,the cost is different. Folks in USA earn more and pay more and Chinese earn less and pay less for "dou fu" I like "dou fu" very much since 1930s when I was a youngster in China.
Soy is in snacks such as Soyjoy fruit bars. Or chips such as Garden of Eatin'Little Soy Blues tortilla chips and Genisoy soy crisps. Try dried soy nuts, including chocolate-covered ones. Soy milk comes plain or flavored with vanilla,chocolate, even cappuccino and egg-nog. I have tried all these in USA for my taste buds.
Page E6: Photo of Panda romping and playing in the snow. Unlike other temperate-climate bears, pandas don't hibernate in the winter. In China, they eke out an existence in the mountains, descending to an elevation of about 5,000 feet in the winter to eat mostly bamboo stalks, avoiding the leaves, which contain diminished protein in the cold months. Smart pandas know best. Humans may learn from them.(sic)
Sources: Smithsonian's National Zoo; "Feeding strategy and resurces partitioning between giant and red pandas.
Francis Shieh aka Xie Shieh sharing the favorite healthy food and playful playmate with readers of Sino-American economics for updated information via the media.
Tuesday,January 19, 2010 at 9.32 a.m.
Monday, January 18, 2010
A Wall Street Pay Puzzle by Robert Samuelson
Washington Post, January 18, 2010 on page A17: A thoughtful article for reader to ponder and reflect the meaning of living.
Why does Wall Street make the big bucks? A nation with 10% unemployment is understandably puzzled and outraged when the very people at the center of the financial crisis seem to be the first to recover and are pulling down fabulous pay package. Are Wall Street's leaders that much smarter and more inidustrious than everyone else?
Lawrence Katz, a Harvard economist the study's co-author found that those who went into finance earned three times the income of other graduates with the same grade point average,demographics and college major. Wall Street may be greedy?
How much should society concentrate on existing wealth as opposed to creating new wealth? Economist Thomas Philippon of NYU said" Wall Street's lavish pay packages may attract too many of America's best and brightest, but it is bad for the rest of the economy. We also need smart brainis outside finance.
Page A12 (Photo):Chinese firm Baidu is set for post-Google era: Internet giant Baidu is a dominant search engine to meet Chinese needs for success despite setbacks.
"Baidu" Pin Yin for two Chinese words(characters) means 100 degrees but was inspired by a Song Dynasty love poem in which it means 100 times. A man is searching for his true love during the traditional Lantern Day Festival. "A hundred times I search for her in the crowd and turn around just to discover she is there where the lantern lights are dim." the man writes in China. I also heard in USA: " the next bus would come if you miss one. (as an analogy of a heart and a pump) Hehehahahoho for fun,indeed!
Page C10 Kidspost with Photo: Burping in public seems rude in Western cultures, but in China,it is reactive echo as the sound of music.(sic) Smile or smirk? Laughter begets longevity. Laugh it off if you would,please?
Francis Shieh aka Xie Shihao,a budget-minded octogenarian humorist-to-be trying to learn distribution of income and wealth and other cultures between the East and the West in the fleeting mundane world with understanding of life span.
Martin Luther King,Jr. Day,January 18, 2010 at 9 a.m.
Why does Wall Street make the big bucks? A nation with 10% unemployment is understandably puzzled and outraged when the very people at the center of the financial crisis seem to be the first to recover and are pulling down fabulous pay package. Are Wall Street's leaders that much smarter and more inidustrious than everyone else?
Lawrence Katz, a Harvard economist the study's co-author found that those who went into finance earned three times the income of other graduates with the same grade point average,demographics and college major. Wall Street may be greedy?
How much should society concentrate on existing wealth as opposed to creating new wealth? Economist Thomas Philippon of NYU said" Wall Street's lavish pay packages may attract too many of America's best and brightest, but it is bad for the rest of the economy. We also need smart brainis outside finance.
Page A12 (Photo):Chinese firm Baidu is set for post-Google era: Internet giant Baidu is a dominant search engine to meet Chinese needs for success despite setbacks.
"Baidu" Pin Yin for two Chinese words(characters) means 100 degrees but was inspired by a Song Dynasty love poem in which it means 100 times. A man is searching for his true love during the traditional Lantern Day Festival. "A hundred times I search for her in the crowd and turn around just to discover she is there where the lantern lights are dim." the man writes in China. I also heard in USA: " the next bus would come if you miss one. (as an analogy of a heart and a pump) Hehehahahoho for fun,indeed!
Page C10 Kidspost with Photo: Burping in public seems rude in Western cultures, but in China,it is reactive echo as the sound of music.(sic) Smile or smirk? Laughter begets longevity. Laugh it off if you would,please?
Francis Shieh aka Xie Shihao,a budget-minded octogenarian humorist-to-be trying to learn distribution of income and wealth and other cultures between the East and the West in the fleeting mundane world with understanding of life span.
Martin Luther King,Jr. Day,January 18, 2010 at 9 a.m.
Make Happiness Happen by robert Masello with comments
"Parade" January 17 2010: Page 16 to lift your mood:-
Finding common ground in our enthusiasm would be the positive approach for folks to cultivate Sino-American economics of wellbeing. I remember the day when I was offered my first teaching position by virtue of my enthusiasm in 1945 and I try to follow up the same way in my thoughts ever since.
A Harvard educated person Shahar, author of "Happier and The Pursuit of Perfect" says: "People inevitably experience fear, frustration, and anxiety,but while there is not a lot we can single handedly do about the economy,war, or health care, there is something we can do to make our lives more rewarding - and even happier. Cheap,easy, and environmentally friendly, it might be called a "positive attitude adjustment." Think the proper way to cheer up our mindset.
"Recent findings prove the brain's more flexible than we used to think," Shahar notes,"With practice, we can change our habits and even our natural disposition." We can figure out what is fun, whether it is watching movies or listening to music or going to a ball game. Comment: Or any kind of activity on daily basis.
The No. 1 predictor for general well-being is NOT money or prestige but the time we spend with those who are near and dear to us. Enjoying close and intimate relationships with those we care about and who care about us is an absolute prerequisite to happiness. All folks are good ontologically with a branch of philosophy in the West and in the East from my educational background in China and in USA.
Comment: Be nice to all those we meet everyday and to remind ourselves about the equation of Daily Function=x amount of time over the time constraint. When the x amount of time is allocated in the positive manner,we can be happy invariably in our hearts and minds. Please try to practise such formula if or when feasible.
Francis Shieh aka Xie Shihao trying to be upbeat and cheerful in the mundane world.
Monday, January 18, 2010 at 6.22 a.m.
Finding common ground in our enthusiasm would be the positive approach for folks to cultivate Sino-American economics of wellbeing. I remember the day when I was offered my first teaching position by virtue of my enthusiasm in 1945 and I try to follow up the same way in my thoughts ever since.
A Harvard educated person Shahar, author of "Happier and The Pursuit of Perfect" says: "People inevitably experience fear, frustration, and anxiety,but while there is not a lot we can single handedly do about the economy,war, or health care, there is something we can do to make our lives more rewarding - and even happier. Cheap,easy, and environmentally friendly, it might be called a "positive attitude adjustment." Think the proper way to cheer up our mindset.
"Recent findings prove the brain's more flexible than we used to think," Shahar notes,"With practice, we can change our habits and even our natural disposition." We can figure out what is fun, whether it is watching movies or listening to music or going to a ball game. Comment: Or any kind of activity on daily basis.
The No. 1 predictor for general well-being is NOT money or prestige but the time we spend with those who are near and dear to us. Enjoying close and intimate relationships with those we care about and who care about us is an absolute prerequisite to happiness. All folks are good ontologically with a branch of philosophy in the West and in the East from my educational background in China and in USA.
Comment: Be nice to all those we meet everyday and to remind ourselves about the equation of Daily Function=x amount of time over the time constraint. When the x amount of time is allocated in the positive manner,we can be happy invariably in our hearts and minds. Please try to practise such formula if or when feasible.
Francis Shieh aka Xie Shihao trying to be upbeat and cheerful in the mundane world.
Monday, January 18, 2010 at 6.22 a.m.
Sunday, January 17, 2010
Laughter can play a role in healing
"Parade" magazine,Jan.17, 2010 page 25:
Research has confirmed the role of laughter in healing. A study in "Padiatric Anesthesia" reported that using medical clowns for children undergoing surgery can significantly alleviate pre-operative anxiety when compared with no intervention, and is better than or similar to sedation medication.
Clown Doctors, as they are sometimes known, operate around the world, including the U.K., Canada and Australia. In the US., the Big Apple Circus has helped train and place clown doctors in more than 18 facilities nationwide.
Perhaps such role would be useful in China as well.
Cf. my past blogs about "laugh a lot and smile at life." to live to be centenarians.
Francis Shieh aka Xie Shihao on January 17, 2010 at 6.56 p.m.
Research has confirmed the role of laughter in healing. A study in "Padiatric Anesthesia" reported that using medical clowns for children undergoing surgery can significantly alleviate pre-operative anxiety when compared with no intervention, and is better than or similar to sedation medication.
Clown Doctors, as they are sometimes known, operate around the world, including the U.K., Canada and Australia. In the US., the Big Apple Circus has helped train and place clown doctors in more than 18 facilities nationwide.
Perhaps such role would be useful in China as well.
Cf. my past blogs about "laugh a lot and smile at life." to live to be centenarians.
Francis Shieh aka Xie Shihao on January 17, 2010 at 6.56 p.m.
Economics Review by Steven Pearlstein with my comments
Washington Post, January 17, 2010 page B6:
Cost,Price, Value. These words are often used interchangeably. We tend to assume that, in competitive markets, the price for purchasing something is roughly aligned with the cost of producing it, plus a modest profit. And because we presume that markets do a pretty effective job at matching supply with demand, or incorporating all that is known about a particular asset, or divining that sweet spot between what people are willing to sell something for and what others are willinig to pay for it, there's tendency to equate market price with intrinsic value.Comment: "sic."
All of these assumptions, in fact, are fundamental to the way most economists understand the world. They are the foundation for measuring output and productivity and they are the key variables in most economic models, from the simplest supply and demand curves to complex macroeconomic models.Comment: "sic" again.
Much of this work now goes under the banner of behavioral economics, which has been the subject of a number of best-selling books in recent years, as well as a number of recent Nobel Prizes. Much of behavioral economics, in turn, has focused on the seemingly crazy ways in which people and brices interact. In his new book, "PRICELESS" William Poundstone offers a thoroughly accessible and enjoyable tour of this research. Hill and Wang Publisher. 336 pp. $26.99
The author says:"We spend our lives searching for the lowest price, the highest salary, the most money - numbers by which to validate our happiness. The problem is that these numbers are neither as precise nor as meaningful as we assume.
It was more than a century ago that oscar Wilder famously observed that "people know the price of everything and the value of nothing." In "Priceless," we now have the proof. Pearlstein is a business and economics columnist for the Washington Post
Francis Shieh aka Xie Shihao is delighted to read such review to compare notes again with other thinkers to learn the nature of economics:"The ultimate success is what we contribute to our society for human happiness." Are YOU a rational economic actor/actress to play a role in the mundane world. My case rests here for your own judgment. Cf. archives for the topics online via www.Blogger.com Thanks and have a great day,everyday.
Sunday, January 17, 2010 at 12 noon.
Cost,Price, Value. These words are often used interchangeably. We tend to assume that, in competitive markets, the price for purchasing something is roughly aligned with the cost of producing it, plus a modest profit. And because we presume that markets do a pretty effective job at matching supply with demand, or incorporating all that is known about a particular asset, or divining that sweet spot between what people are willing to sell something for and what others are willinig to pay for it, there's tendency to equate market price with intrinsic value.Comment: "sic."
All of these assumptions, in fact, are fundamental to the way most economists understand the world. They are the foundation for measuring output and productivity and they are the key variables in most economic models, from the simplest supply and demand curves to complex macroeconomic models.Comment: "sic" again.
Much of this work now goes under the banner of behavioral economics, which has been the subject of a number of best-selling books in recent years, as well as a number of recent Nobel Prizes. Much of behavioral economics, in turn, has focused on the seemingly crazy ways in which people and brices interact. In his new book, "PRICELESS" William Poundstone offers a thoroughly accessible and enjoyable tour of this research. Hill and Wang Publisher. 336 pp. $26.99
The author says:"We spend our lives searching for the lowest price, the highest salary, the most money - numbers by which to validate our happiness. The problem is that these numbers are neither as precise nor as meaningful as we assume.
It was more than a century ago that oscar Wilder famously observed that "people know the price of everything and the value of nothing." In "Priceless," we now have the proof. Pearlstein is a business and economics columnist for the Washington Post
Francis Shieh aka Xie Shihao is delighted to read such review to compare notes again with other thinkers to learn the nature of economics:"The ultimate success is what we contribute to our society for human happiness." Are YOU a rational economic actor/actress to play a role in the mundane world. My case rests here for your own judgment. Cf. archives for the topics online via www.Blogger.com Thanks and have a great day,everyday.
Sunday, January 17, 2010 at 12 noon.
FINANCE: Why everyone owes everyone and no one can pay
Washington Post,January 17, 2010 on page B7: FINANCE:- Worth reading for all insightful taxpayers in particular.
"I.O.U. Why Everyone Owes Everyone and No One Can Pay" By John Lanchester. Simon & Shuster, 260 pp. $25
Much of our current plight, Lanchester argues, comes from lack of competition in the broadest possible sense. The end of the Cold War left the US with no countervailing ideological force to worry about.
With capitalism "unchallenged as the world's dominant political-economic system...it could have been predicted that the financial sector...was in a position to reward itself with a disproportionate piece of the economic pie. There was no global antagonist to point at and jeer at the rise in the number and size of the fat cats; there was no embarrassment about allowing the rich to get so much richer so very quickly." Let us check out the empirical evidence from data for the reality.
As for the bust bailout syndrome that has afficted the US and other economies, Lanchester sums it up in a phrase that could almost be a poetic couplet: "a huge, unregulated boom in which almost all the upside went directly into private hands, followed by a gigantic bust in which the losses were socialized."
Comment: Perhaps such political economy of the private and public sectors as I sent my past blogs may be useful reference for China's socialized system apropos of Sino-American Economics.
Francis Shieh aka Xie Shihao, a lifelong reader trying to learn the happenings of economics in the name of globalization on Sunday, January 17,2010 at 8.38 a.m.
"I.O.U. Why Everyone Owes Everyone and No One Can Pay" By John Lanchester. Simon & Shuster, 260 pp. $25
Much of our current plight, Lanchester argues, comes from lack of competition in the broadest possible sense. The end of the Cold War left the US with no countervailing ideological force to worry about.
With capitalism "unchallenged as the world's dominant political-economic system...it could have been predicted that the financial sector...was in a position to reward itself with a disproportionate piece of the economic pie. There was no global antagonist to point at and jeer at the rise in the number and size of the fat cats; there was no embarrassment about allowing the rich to get so much richer so very quickly." Let us check out the empirical evidence from data for the reality.
As for the bust bailout syndrome that has afficted the US and other economies, Lanchester sums it up in a phrase that could almost be a poetic couplet: "a huge, unregulated boom in which almost all the upside went directly into private hands, followed by a gigantic bust in which the losses were socialized."
Comment: Perhaps such political economy of the private and public sectors as I sent my past blogs may be useful reference for China's socialized system apropos of Sino-American Economics.
Francis Shieh aka Xie Shihao, a lifelong reader trying to learn the happenings of economics in the name of globalization on Sunday, January 17,2010 at 8.38 a.m.
Saturday, January 16, 2010
Take care of our physical body plus mental health
As we encounter our daily chores with stress and anxiety, we would be susceptible to heart disease, diabetes and other ailments. But we can successfully fight with planned strategies. To wit: -
1. Eat an apple a day to keep the physician away: Morning is like the gold; noontime as silver and evening as copper with the likeness of precious metals to have intrinsic value per se.
2. Exercises via walking,jumping,talking and laughing as our daily workout. Looking at good scenery to enjoy nature as our mental health to appreciate aesthetics.
3. Caffeine can boost our level of hormones that is released in times of stress. Drink tea from China with caffeine in the name of "the misty tea" from the mountain.
4. Diet: such as fruits and veggies to increase fiber with shrimp and fish for Omega 3s. Meat is OK for protein but eggs are as good.
5. Grape wine is to raise HDL cholesterol which is the good cholesterol for a healthy heart.
All in all, balancing to reach equilibrium would be a lifelong student of economics. A typical Chinese thrifty menu: One veggie,one fish with beancurd soup.
Francis Shieh aka Xie Shihao sharing the above hints with readers to remember our one body to be in good shape and to maintain our state of wellness.
Saturday, January 16, 2010 at 1.52 p.m.
1. Eat an apple a day to keep the physician away: Morning is like the gold; noontime as silver and evening as copper with the likeness of precious metals to have intrinsic value per se.
2. Exercises via walking,jumping,talking and laughing as our daily workout. Looking at good scenery to enjoy nature as our mental health to appreciate aesthetics.
3. Caffeine can boost our level of hormones that is released in times of stress. Drink tea from China with caffeine in the name of "the misty tea" from the mountain.
4. Diet: such as fruits and veggies to increase fiber with shrimp and fish for Omega 3s. Meat is OK for protein but eggs are as good.
5. Grape wine is to raise HDL cholesterol which is the good cholesterol for a healthy heart.
All in all, balancing to reach equilibrium would be a lifelong student of economics. A typical Chinese thrifty menu: One veggie,one fish with beancurd soup.
Francis Shieh aka Xie Shihao sharing the above hints with readers to remember our one body to be in good shape and to maintain our state of wellness.
Saturday, January 16, 2010 at 1.52 p.m.
Blue jean or denim is popular in USA and in China
Platinum(white gold) rivets, jeans can cost upward of $4,000 according to Forbes.com. Platinum may be purchased at "Laofengxiang," the famous jeweler in Shanghai.
Such garments have been beloved for decades. The average American owns about 7 pairs according to Cotton Incorporated's Global Lifestyle. Perhaps the average Chinese would have two for men or more for women.That is my guestimate to be verified in due course of time.
Back in 1873, when jeans were introduced and became the dress du jour of miners and laborers around San Francisco,it cost for $1. I was a graduate student at the University of San Francisco in 1947-48 for advanced studies including the history of "Chop Suey." My roommate, Bob Chang and I found out to be the leftover when the laborers ate such hodge-podge food in a Chinese restaurant during the period to build railroad.
In the 1930s and '40s, cowboy John Wayne and Gary Cooper donned blue jeans making them less about work and more a symbol of toughness.
Police Chief Dan Liu of Honolulu,Hawaii was the star of the movie in "Big Jim McClain" with John Wayne in 1952. I still remember my friend Chief Dan Liu vividly when he visited me in 1960s.A Police Station was named after Chief Dan Liu in Honolulu,Hawaii to remember his legacy of being the Chief for 21 years with the police force for more than 4 decades.
The young German immigrant Levi Strauss headed west from New York to San Francisco to find his fortune and expand the family dry goods business.
By the 1950s, teens and adults wore jeans as a symbol of rebellion and protgest toward the establishment. During the 1960s, the counter-culture and hippie movements grew and the blue jeans became popular since.In 1970s, bell-bottoms, hip-huggers, and flare-legged jeans rules. For the ladies, blue jeans were evolved in the latter part of the 1970s. By 1980s, designers Calvin Klein and Jordache were putting their marks on jeans, spring-boarding them into high fashion. "Designer jeans" was born with such name. Needless to say,Designer shirts match with designer jeans to be in fashion nowadays!
Some folks pay tribute to the Chinese culture from etiology after 1949 so there may be Sino-American economics of Trend in the 21st century.
What is the most expensive pair of jeans? According to the Guinness Book of World Records," an anonymous Japanese collector paid $60,000 on eBay for a vintage pair of 115-year-old Levi's 501 jeans. The moral of the story is to keep your jean until you become a centenarians and make a big profit if you meet another Japanese collector with serendipity. Actually, Japanese culture is originated from China's Tang and Song dynasties so it would be wise to buy jeans in China during the World Expo 2010 in Shanghai. However,you must do research and make comparisons for sure.
Francis Shieh aka Xie Shihao, comparing notes from etiology."Ji si guang yi" in Pin Yin meaning to pool thoughts from other sources in order to be benefited with knowledge. "Liang quan qi mei" in Pin Yin system of romanization.
Saturday, January 16 2010 at 10.26 a.m. at Base Library blogging for YOU,the reader of Sino-American Economics for REAL.
NOTE: Washington Post,Jan.16,2010 on page A6 with a photo: The moom begins to obstruct the view of the sun in Shenyang in Liaoning province during a solar eclipse seen across Asia and Africa. It was predicted to be the longest event of its kind in more than 1,000 years. How lucky for folks in Shenyang! I was a Guest Professor at Shenyang Institute of Technology in 1985.
Such garments have been beloved for decades. The average American owns about 7 pairs according to Cotton Incorporated's Global Lifestyle. Perhaps the average Chinese would have two for men or more for women.That is my guestimate to be verified in due course of time.
Back in 1873, when jeans were introduced and became the dress du jour of miners and laborers around San Francisco,it cost for $1. I was a graduate student at the University of San Francisco in 1947-48 for advanced studies including the history of "Chop Suey." My roommate, Bob Chang and I found out to be the leftover when the laborers ate such hodge-podge food in a Chinese restaurant during the period to build railroad.
In the 1930s and '40s, cowboy John Wayne and Gary Cooper donned blue jeans making them less about work and more a symbol of toughness.
Police Chief Dan Liu of Honolulu,Hawaii was the star of the movie in "Big Jim McClain" with John Wayne in 1952. I still remember my friend Chief Dan Liu vividly when he visited me in 1960s.A Police Station was named after Chief Dan Liu in Honolulu,Hawaii to remember his legacy of being the Chief for 21 years with the police force for more than 4 decades.
The young German immigrant Levi Strauss headed west from New York to San Francisco to find his fortune and expand the family dry goods business.
By the 1950s, teens and adults wore jeans as a symbol of rebellion and protgest toward the establishment. During the 1960s, the counter-culture and hippie movements grew and the blue jeans became popular since.In 1970s, bell-bottoms, hip-huggers, and flare-legged jeans rules. For the ladies, blue jeans were evolved in the latter part of the 1970s. By 1980s, designers Calvin Klein and Jordache were putting their marks on jeans, spring-boarding them into high fashion. "Designer jeans" was born with such name. Needless to say,Designer shirts match with designer jeans to be in fashion nowadays!
Some folks pay tribute to the Chinese culture from etiology after 1949 so there may be Sino-American economics of Trend in the 21st century.
What is the most expensive pair of jeans? According to the Guinness Book of World Records," an anonymous Japanese collector paid $60,000 on eBay for a vintage pair of 115-year-old Levi's 501 jeans. The moral of the story is to keep your jean until you become a centenarians and make a big profit if you meet another Japanese collector with serendipity. Actually, Japanese culture is originated from China's Tang and Song dynasties so it would be wise to buy jeans in China during the World Expo 2010 in Shanghai. However,you must do research and make comparisons for sure.
Francis Shieh aka Xie Shihao, comparing notes from etiology."Ji si guang yi" in Pin Yin meaning to pool thoughts from other sources in order to be benefited with knowledge. "Liang quan qi mei" in Pin Yin system of romanization.
Saturday, January 16 2010 at 10.26 a.m. at Base Library blogging for YOU,the reader of Sino-American Economics for REAL.
NOTE: Washington Post,Jan.16,2010 on page A6 with a photo: The moom begins to obstruct the view of the sun in Shenyang in Liaoning province during a solar eclipse seen across Asia and Africa. It was predicted to be the longest event of its kind in more than 1,000 years. How lucky for folks in Shenyang! I was a Guest Professor at Shenyang Institute of Technology in 1985.
Friday, January 15, 2010
Revealing Secrets:Japanese PM investigates agreements with US
Washington Times, January 15, 2010 page A12:
Photo of Japanese protesters in Ginowan, Japan with Chinese characters(words) for "Kanji" as nuance for Han zi i.e. words.In Korea,it would be "hanga"
Such is the cultural affinity of a part of the Japanese with the Chinese culture. I had the opportunity to study Japanese after Pearl Harbor when I was a high school student at Hautes Etudes,Tianjin, China. I encouraged Dr.Hanshil Koh,a professor of law at Tokyo University to render "How American Laws Are Made" into Japanese and Korean languages in 1960a to 1970s with commendation letters from President Nixon and Ford. They are listed in the Asian Division of the Library of Congress.
Explanations are given in "A Glimpse of the Chinese Language" available at www.rand.org in pdf format for reader's of Sino-American economics.
Francis Shieh aka Xie Shihao, a wistful learner of American English with a deep passion as a refresher of the Chinese language with interesting gaff such as "Xiong Mao" to be "Mao Xiong" in my prior blog.
Friday, January 15, 2010 at 12.42 p.m.
Photo of Japanese protesters in Ginowan, Japan with Chinese characters(words) for "Kanji" as nuance for Han zi i.e. words.In Korea,it would be "hanga"
Such is the cultural affinity of a part of the Japanese with the Chinese culture. I had the opportunity to study Japanese after Pearl Harbor when I was a high school student at Hautes Etudes,Tianjin, China. I encouraged Dr.Hanshil Koh,a professor of law at Tokyo University to render "How American Laws Are Made" into Japanese and Korean languages in 1960a to 1970s with commendation letters from President Nixon and Ford. They are listed in the Asian Division of the Library of Congress.
Explanations are given in "A Glimpse of the Chinese Language" available at www.rand.org in pdf format for reader's of Sino-American economics.
Francis Shieh aka Xie Shihao, a wistful learner of American English with a deep passion as a refresher of the Chinese language with interesting gaff such as "Xiong Mao" to be "Mao Xiong" in my prior blog.
Friday, January 15, 2010 at 12.42 p.m.
Bailout, bonuses and blame game by Steven Pearlstein
Washington Post, January 15, 2010 on page A17:
"A transaction tx could raise $50 billion to $100 billion a year -more than enough to create a permanent financial rescue fund, with plenty left over for other uses, such as financing new infrastructure or reducing the federal deficit.
The best approach is to turn our attention to the creation of real economy value for shared prosperity."
Comment: The real economy should be the investment in human capital i.e. education and training to supply the changing demands of any society.
The C-Span Radio broadcast this morning: Governor of Colorado, a Democrat, stresses vocational education and the role of community colleges as sina qua non for workers to get new jobs. Governor of Nebraska, a Republican,emphasizes training for folks as well. Comment: The grassroots are significant for economic development of nations.
Such views have been expressed by leaders in China for the development of Sino-American economics of human resources to be utilized by planners for mutual benefit.
General Motors(GM) expects China's car market to be twice the size of the United States by the end of the decade,Fritz Henderson said before he stepped down as chief executive. For now, foreign car firms hold circa 85% of the crowded Chinese market.
Francis Shieh aka Xie Shihao, a blogger to share knowledge with others on Friday, January 15, 2010 at 9.38 a.m.
"A transaction tx could raise $50 billion to $100 billion a year -more than enough to create a permanent financial rescue fund, with plenty left over for other uses, such as financing new infrastructure or reducing the federal deficit.
The best approach is to turn our attention to the creation of real economy value for shared prosperity."
Comment: The real economy should be the investment in human capital i.e. education and training to supply the changing demands of any society.
The C-Span Radio broadcast this morning: Governor of Colorado, a Democrat, stresses vocational education and the role of community colleges as sina qua non for workers to get new jobs. Governor of Nebraska, a Republican,emphasizes training for folks as well. Comment: The grassroots are significant for economic development of nations.
Such views have been expressed by leaders in China for the development of Sino-American economics of human resources to be utilized by planners for mutual benefit.
General Motors(GM) expects China's car market to be twice the size of the United States by the end of the decade,Fritz Henderson said before he stepped down as chief executive. For now, foreign car firms hold circa 85% of the crowded Chinese market.
Francis Shieh aka Xie Shihao, a blogger to share knowledge with others on Friday, January 15, 2010 at 9.38 a.m.
Thursday, January 14, 2010
2010 Silver Panda Pre-Sellout: WashPost,1/14/10 A8 AD
Everyone loves pandas,regardless of age,gender or ethnicity but there is one panda that has enduring fortune. It is a massive coin of one full troy ounce of pecious silver. It is,surely, a personal asset of lasting remembrance. Comment: Silver or copper or gold will increase their value as time goes on. Call Toll-Free 24 hours a day: 1-800-910-7267 Offer Code SPD706 such code must be mentioned. I would be a would-be buyer when I am ready to do so.
GOVMINT.com
14101 Southcross Drive W., Dept. SPD706 Burnsville, Minnesota 55337 www.Gov.Mint.com for more details.
Francis Shieh aka Xie Shihao, a native of Shanghai, a reader of tea leaves and a lover of "Xiong Mao or rather Mao Xiong,to be exact as I explained in my previous blog. Pandas will welcome visitors at World Expo in Shanghai starting in May 2010. The color of Panda is black and white born in China with innate Chinese culture of being friendly and courteous as known to all patrons on earth.
Thursday, January 14, 2010 at 12.28 p.m. One week later,Feb.14th is Valentine's Day and Spring Festival to celebrate the Lunar New Year of the Tiger.
GOVMINT.com
14101 Southcross Drive W., Dept. SPD706 Burnsville, Minnesota 55337 www.Gov.Mint.com for more details.
Francis Shieh aka Xie Shihao, a native of Shanghai, a reader of tea leaves and a lover of "Xiong Mao or rather Mao Xiong,to be exact as I explained in my previous blog. Pandas will welcome visitors at World Expo in Shanghai starting in May 2010. The color of Panda is black and white born in China with innate Chinese culture of being friendly and courteous as known to all patrons on earth.
Thursday, January 14, 2010 at 12.28 p.m. One week later,Feb.14th is Valentine's Day and Spring Festival to celebrate the Lunar New Year of the Tiger.
Wednesday, January 13, 2010
Wall Street Journal,USAToday,WashTimes,1/13/10
WSJ,Jan. 13, 2010 page A1: "China's central bank will raise the percentage of deposits that banks must keep in reserve, a shift intended to stave off inflation and the asset bubbles that can accompany it. China has turned its attention to controling the repercussions of a credit explosion."
Page A2: According to a survey,economists agreed that excessively FED easy monetary policy in the 1st half of the decade helped cause a bubbles in house prices.
There is the common ground for Sino-American Economics in action relevant to the functions of the central banks.
USAToday: page 1B: Money Section: Chinese Electric Car in the US this year?
Detroit: "Auto Show-All electric sedan:"BYD" acronym for Build Your Dream car runs on battery of 205 miles per charge and the price will be very affordable to similarly sized gas-engine cars." That remains to be seen.
The Washington Times:Economist Richard Rahn,Chairman of the Institute for Global Economic Growth published a feature article about US Economy:
"The Government of the USA deficits strangle capital formation facing both inflatio and slower economic growth so foreigners are likely to diminish their investment leading to inadequate capital formation with chart of Savings as a percentage of GDP
In 1999 17.8% down to 10.4% in 2009." re savings.
Comment: It is too early to make any prediction. That remains to be seen in due course of time from empirical evidence.
Francis Shieh aka Xie Shihao, a lifelong student to compare notes with other thinkers on January 13, 2010 at 1.38 p.m.
Page A2: According to a survey,economists agreed that excessively FED easy monetary policy in the 1st half of the decade helped cause a bubbles in house prices.
There is the common ground for Sino-American Economics in action relevant to the functions of the central banks.
USAToday: page 1B: Money Section: Chinese Electric Car in the US this year?
Detroit: "Auto Show-All electric sedan:"BYD" acronym for Build Your Dream car runs on battery of 205 miles per charge and the price will be very affordable to similarly sized gas-engine cars." That remains to be seen.
The Washington Times:Economist Richard Rahn,Chairman of the Institute for Global Economic Growth published a feature article about US Economy:
"The Government of the USA deficits strangle capital formation facing both inflatio and slower economic growth so foreigners are likely to diminish their investment leading to inadequate capital formation with chart of Savings as a percentage of GDP
In 1999 17.8% down to 10.4% in 2009." re savings.
Comment: It is too early to make any prediction. That remains to be seen in due course of time from empirical evidence.
Francis Shieh aka Xie Shihao, a lifelong student to compare notes with other thinkers on January 13, 2010 at 1.38 p.m.
Carlyle Group to form fund with China:WashPost 1/13/10
Washington Post,Jan.13, 2010 page A16: The world's second-largest private-equity firm will set up a domestic Chinese private-equity fund with the Chinese government.
The fund will be established by the Beijing Municipal Bureau of Financial Work and Carlyle Asia Partners.
Carlyle follows Blackstone Group, which became the first local private-equity firm to set up a $731 million fund with the Shanghai government in August to target investments in the city and neighboring areas.
Page A13: Gap for US trade widens more than expected with charts:
The US trade deficit widened 9.7%, to $36.4 billion, in November as higher oil prices helped increase the valuke of American imports. Exports rose to the highest level in a year as Chinese demand for US goods cim bed to a record $7.3 billion shrinking the US deficit with the Asian nation by 11%. Comment: The Law of Comparative Advantage is in evidence for trade.
Page C10: Kids Post: Today's News- Viewing world 400 years before Google: A MAP: To Wit:
The map was made in 1602 by Italian priest Matteo Ricci who visited China around the 1500s and the emperor asked him to make an enormously map, on five-foot tall panels of rice paper with China at the center." Comment: Here the name "Zhong Guo" was derived as the Middle Kingdom with other lands of North and South America et al.
It was bought for $1 million recently by a library in Minnesota, on loan to the Library of Congress for display through April 10, 2010.
Comment: "A Glimpse of the Chinese Language" in English is also listed at the Library of Congress www.loc.gov But such work may be obtained online by visiting www.rand.org for pdf format free of charge as a public service.
"EXPRESS" paper is available free of charge on page 2 dated today,January 13, 2010 with a photo of a vistor admiring a life-size tiger at the Taipei Fine Arts Museum. The arrow-ridden beast is one of 35 works by Cai Guo-qiang on display. According to the Chinese zodiac,2010 is the Year of the Tiger, which begins on Feb. 14,2010. Such festival is called Spring Festival in China and is also observed in Okinawa, Japan. Here we can detect the Chinese cultural influence in Okinama,not in Tokyo as I was informed by friends from Okinama,Japan.
Francis Shieh aka Xie Shihao, a blogger born in 1926, the Year of the Tiger sharing experiences with comments re faith,hope and love to readers since 2000 apropos of Sino-American Economics. January 13, 2010 at 9.46 a.m.
Note: A blog may be defined as a web site that contains an online personal journal with reflections, comments provided by the writer. It is a kind of new social media in the 21st century. I do admire such contemporary opportunity to blog as a graduate student from Shanghai, China in 1947. World Expo will take place in Shanghai in May 2010 and the American pavilion will be the largest at the cost of $50 million.
The fund will be established by the Beijing Municipal Bureau of Financial Work and Carlyle Asia Partners.
Carlyle follows Blackstone Group, which became the first local private-equity firm to set up a $731 million fund with the Shanghai government in August to target investments in the city and neighboring areas.
Page A13: Gap for US trade widens more than expected with charts:
The US trade deficit widened 9.7%, to $36.4 billion, in November as higher oil prices helped increase the valuke of American imports. Exports rose to the highest level in a year as Chinese demand for US goods cim bed to a record $7.3 billion shrinking the US deficit with the Asian nation by 11%. Comment: The Law of Comparative Advantage is in evidence for trade.
Page C10: Kids Post: Today's News- Viewing world 400 years before Google: A MAP: To Wit:
The map was made in 1602 by Italian priest Matteo Ricci who visited China around the 1500s and the emperor asked him to make an enormously map, on five-foot tall panels of rice paper with China at the center." Comment: Here the name "Zhong Guo" was derived as the Middle Kingdom with other lands of North and South America et al.
It was bought for $1 million recently by a library in Minnesota, on loan to the Library of Congress for display through April 10, 2010.
Comment: "A Glimpse of the Chinese Language" in English is also listed at the Library of Congress www.loc.gov But such work may be obtained online by visiting www.rand.org for pdf format free of charge as a public service.
"EXPRESS" paper is available free of charge on page 2 dated today,January 13, 2010 with a photo of a vistor admiring a life-size tiger at the Taipei Fine Arts Museum. The arrow-ridden beast is one of 35 works by Cai Guo-qiang on display. According to the Chinese zodiac,2010 is the Year of the Tiger, which begins on Feb. 14,2010. Such festival is called Spring Festival in China and is also observed in Okinawa, Japan. Here we can detect the Chinese cultural influence in Okinama,not in Tokyo as I was informed by friends from Okinama,Japan.
Francis Shieh aka Xie Shihao, a blogger born in 1926, the Year of the Tiger sharing experiences with comments re faith,hope and love to readers since 2000 apropos of Sino-American Economics. January 13, 2010 at 9.46 a.m.
Note: A blog may be defined as a web site that contains an online personal journal with reflections, comments provided by the writer. It is a kind of new social media in the 21st century. I do admire such contemporary opportunity to blog as a graduate student from Shanghai, China in 1947. World Expo will take place in Shanghai in May 2010 and the American pavilion will be the largest at the cost of $50 million.
Tuesday, January 12, 2010
Alan Blinder,Prof.of Finance and Econ.,president of promontory interfinancial network
Wall Street Journal,Jan. 12, 2010 on page A19: Prof. Blinder published a feature article entitled "When Greed Is Not Good" with the conclusion:" Republicans and Democrats will have to temper their partisanships, moderate their parochial instincts, slam the door on the lobbyists, and do what is RIGHT for America."
China tops US in vehicle sales, aided by government incentives.
Here we can detect political economy in action in USA and in China as well.
Page B8: Chinese author Mian Mian sued Google for copyright infringement after it published parts of her book. My works are in the public domain to share with readers.
Page C2: Photo of investors watch a stock-trading in Shanghai, where shares rose as regulators approved stock futures and other market measures.
USAToday,1B: Money section: Macao,SAR of China has overtaken Las Vegas as the world's top gambling power house with charts for comparisons:
Las Vegas Sands: China 71.6% US 28.4%
Wynn Resorts: China 58.5% US 41.5%
Source: Moody's
January is Rising Star Month. You can reach for the stars by designing a personal life plan. It is the perfect month to review the past year and design, revise or redesign your plan for the year.
This year celebrate the month by developing a plan that considers family, friendships, work, education,health,sports,entertainment with faith,hope and LOVE. Every January reach for the stars as you follow your life plan with work and study cycle.
Francis Shieh aka Xie Shihao on Tuesday, January 12, 2010 at 2.30 p.m.
China tops US in vehicle sales, aided by government incentives.
Here we can detect political economy in action in USA and in China as well.
Page B8: Chinese author Mian Mian sued Google for copyright infringement after it published parts of her book. My works are in the public domain to share with readers.
Page C2: Photo of investors watch a stock-trading in Shanghai, where shares rose as regulators approved stock futures and other market measures.
USAToday,1B: Money section: Macao,SAR of China has overtaken Las Vegas as the world's top gambling power house with charts for comparisons:
Las Vegas Sands: China 71.6% US 28.4%
Wynn Resorts: China 58.5% US 41.5%
Source: Moody's
January is Rising Star Month. You can reach for the stars by designing a personal life plan. It is the perfect month to review the past year and design, revise or redesign your plan for the year.
This year celebrate the month by developing a plan that considers family, friendships, work, education,health,sports,entertainment with faith,hope and LOVE. Every January reach for the stars as you follow your life plan with work and study cycle.
Francis Shieh aka Xie Shihao on Tuesday, January 12, 2010 at 2.30 p.m.
Clinton addresses China spat:WashPost,1/12/10 et al
Washington Post, January 12, 2010 page A7:
Mature relationship of USA and China can withstand differences, she says.
Speaking on the first day of her first trip of the new year - a 9-day, 3-nation Asia-Pacific journey -Clinton said that China's rise in the region has made US engagement all the more crucial.
"People want to see the United States fully engaged in Asia, so that as China rises the United States is there as a force for peace."
Comment: Mutual cooperation and collaboration would be mutually beneficial to USA and to China for the pacific settlement of disputes relevant to world peace and economic development in the 21st century.
Addenda to C-span Radio in my prior blog:Washington Post,page A3
AFL-CIO President Richard Trumka said in a speech at the National Press Club in my blog this morning: Health overhaul puts Obama in union bind. Trumka cited China's success in economic stimulus.
Page A1: In crisis, FED made a record profit : $45 billion to Treasury- good news for the federal budget and a sign that the FED has been successful so far in protecting taxpayers as it intervenes in the economy. Obama's plan works well so far.
Francis Shieh aka Xie Shihao sharing latest updated information to the readers with the positive scenario for better understanding of Sino-American Economics in globalization relevant to peace and development in the 21st century.
Tuesday, January 12, 2010 at 11.16 a.m.
Mature relationship of USA and China can withstand differences, she says.
Speaking on the first day of her first trip of the new year - a 9-day, 3-nation Asia-Pacific journey -Clinton said that China's rise in the region has made US engagement all the more crucial.
"People want to see the United States fully engaged in Asia, so that as China rises the United States is there as a force for peace."
Comment: Mutual cooperation and collaboration would be mutually beneficial to USA and to China for the pacific settlement of disputes relevant to world peace and economic development in the 21st century.
Addenda to C-span Radio in my prior blog:Washington Post,page A3
AFL-CIO President Richard Trumka said in a speech at the National Press Club in my blog this morning: Health overhaul puts Obama in union bind. Trumka cited China's success in economic stimulus.
Page A1: In crisis, FED made a record profit : $45 billion to Treasury- good news for the federal budget and a sign that the FED has been successful so far in protecting taxpayers as it intervenes in the economy. Obama's plan works well so far.
Francis Shieh aka Xie Shihao sharing latest updated information to the readers with the positive scenario for better understanding of Sino-American Economics in globalization relevant to peace and development in the 21st century.
Tuesday, January 12, 2010 at 11.16 a.m.
Optimism will be good for YOU:WashPost,1.12/10 page E2
Please try to be one of those Positive Pollyannas who always look on the bright side of things and can remain hopeful through any economic crisis.
Proper thinking makes a person not only happier but healthier in the long run. A sunnier outlook on life is associated with a lower risk of heart disease and mortality. Such is not untrue. Believe me!
Optimism (intrinsic optimistic attitude)is protective and pessimism seems to be detrimental,says Laura Kubzansk, professor at the Harvard School of Public Health who has focused on these issues.
Attitude is related to health as I sent my blogs in the past for your kind reference.
Psychology has a direct effect on physiology, impacting blood pressure, heart rate, stress hormone levels and immune function, all of which can contribute to disease and mortality.For example, a study publishied last year in the journal : Brain, Behavior and immunity found that higher levels of pessimism are linked to unfavorable changes in inflammatory markers and white blood cells.
Healthy behaviors such as eating well(Chinese food),exercising more(walking everyday); they are also more likely to have better social relationships in blogging, something that has been associated with positive health outcomes.
What are your habitual ways of thinking?
Meditation for relaxation and contemplation with prayers would be my sincere recommendations for readers of Sino-American Economics of Human Capital of wellness.
Francis Shieh aka Xie Shihao on Tuesday, January 12, 2010 at 10.30 a.m.
Proper thinking makes a person not only happier but healthier in the long run. A sunnier outlook on life is associated with a lower risk of heart disease and mortality. Such is not untrue. Believe me!
Optimism (intrinsic optimistic attitude)is protective and pessimism seems to be detrimental,says Laura Kubzansk, professor at the Harvard School of Public Health who has focused on these issues.
Attitude is related to health as I sent my blogs in the past for your kind reference.
Psychology has a direct effect on physiology, impacting blood pressure, heart rate, stress hormone levels and immune function, all of which can contribute to disease and mortality.For example, a study publishied last year in the journal : Brain, Behavior and immunity found that higher levels of pessimism are linked to unfavorable changes in inflammatory markers and white blood cells.
Healthy behaviors such as eating well(Chinese food),exercising more(walking everyday); they are also more likely to have better social relationships in blogging, something that has been associated with positive health outcomes.
What are your habitual ways of thinking?
Meditation for relaxation and contemplation with prayers would be my sincere recommendations for readers of Sino-American Economics of Human Capital of wellness.
Francis Shieh aka Xie Shihao on Tuesday, January 12, 2010 at 10.30 a.m.
All Eyes are on Mei Xiang,the Mother Panda of Taishan
Washington Post, January 12, 2010 on page C10: Today's News:
"Mei Xiang" in Pin Yin: Fragrant or sweet-smelling America in two Chinese words or characters). For annotations,see "A Glimpse of the Chinese Language" available free in pdf format by visiting www.rand.org for reference.
"Panda reproduction is difficult to analyze, because female pandas are famous for exhibiting the signs of being pregnant even when they are not. This has happened several times with Mei Xiang and her mate, Tian Tian." (Perhaps it is attributable to Chinese culture of being taciturn to hold a cub in the light vein) Tian Tian in Pin Yin: to add i.e. to have another bowl of rice or another branch of bamboo or to have another cub. The word has water radical for such Chinese character or word.
Mother Mei Xiang's only other offspring Tai Shan, is 4 years old and will be sent to China next month. Folks in Washington would miss Tai Shen but another Panda may be coming if there is serendipity. Tai Shan in Pin Yin: Peaceful Mountain as two Chinese words or characters.Another idiomatic expression for father-in-law i.e. Can be trusted due to the love of a father to the daughter. Reliable to the fullest extent.
Francis Shieh aka Xie Shihao, trying to be a wordsmith in Chinese and American English languages for recreational learning. Moreover, as a lifelong octogenarian student of economics,Xie Shihao has a far-flung or wide-ranging macro outlook in learning the far-fetched discipline of economics as "Freakonomics with super extra dimension of all fields.
Tuesday,January 12, 2010 at 9.36 a.m.
"Mei Xiang" in Pin Yin: Fragrant or sweet-smelling America in two Chinese words or characters). For annotations,see "A Glimpse of the Chinese Language" available free in pdf format by visiting www.rand.org for reference.
"Panda reproduction is difficult to analyze, because female pandas are famous for exhibiting the signs of being pregnant even when they are not. This has happened several times with Mei Xiang and her mate, Tian Tian." (Perhaps it is attributable to Chinese culture of being taciturn to hold a cub in the light vein) Tian Tian in Pin Yin: to add i.e. to have another bowl of rice or another branch of bamboo or to have another cub. The word has water radical for such Chinese character or word.
Mother Mei Xiang's only other offspring Tai Shan, is 4 years old and will be sent to China next month. Folks in Washington would miss Tai Shen but another Panda may be coming if there is serendipity. Tai Shan in Pin Yin: Peaceful Mountain as two Chinese words or characters.Another idiomatic expression for father-in-law i.e. Can be trusted due to the love of a father to the daughter. Reliable to the fullest extent.
Francis Shieh aka Xie Shihao, trying to be a wordsmith in Chinese and American English languages for recreational learning. Moreover, as a lifelong octogenarian student of economics,Xie Shihao has a far-flung or wide-ranging macro outlook in learning the far-fetched discipline of economics as "Freakonomics with super extra dimension of all fields.
Tuesday,January 12, 2010 at 9.36 a.m.
C-Span Radio:AFL-CIO President's Speech at National Press Club
President Richard T. of AFL-CIO delivered an insightful speech at the Natinal Press Club stressing the need of jobs for American Economic Recovery and he shall meet President Obama today to discuss ways and means to solve such problems. He cited China's success in the stimulus plan to recover economy with global impact. He stated that education and training are sina qua non for workers in America. Cf. "Work and Study Cycle" Theory(1978)Cf. www.ask.com for the same rationale. Such theory may be validated and implemented for the benefit of workers and for the nation as a whole. Needless to say,such reasoning has global repercussion as well.
A member of American Enterprise Institute was also on the C-span radio to state categorically about the dire need of public education in America to revive the economy. Such reasoning is similar to my previous blogs apropos of positive externalities for the role of American community college education. Cf."The Future of Community Colleges" published by the Congressional Record, July 18, 1974 for reference.
Francis Shieh aka Xie Shihao comparing notes with other thinkers for economic development for decades as a lifelong student to learn from others in fairness.
Tuesday,January 12, 2010 at 5.38 a.m.
A member of American Enterprise Institute was also on the C-span radio to state categorically about the dire need of public education in America to revive the economy. Such reasoning is similar to my previous blogs apropos of positive externalities for the role of American community college education. Cf."The Future of Community Colleges" published by the Congressional Record, July 18, 1974 for reference.
Francis Shieh aka Xie Shihao comparing notes with other thinkers for economic development for decades as a lifelong student to learn from others in fairness.
Tuesday,January 12, 2010 at 5.38 a.m.
Monday, January 11, 2010
Honoring my commitments in blogging for your smile or smirk.
1. As of 2009, there are a whopping 6.7 billion humans on this planet as estimated. China is the most populous nation in the world.
2. The favorite drink for a tree is "root beer."
3. A song sung in a car is a cartoon.
4. Tax is an obligation but a penalty is an extra tax to be imposed for honest mistakes.
5. When someone crosses a cat with a tree, it would be a cat-a-logue!
6. Before the online age, an APPLICATION was for employment only.
7. Older folks are less likely to drink and drive and more likely to buckle up for safety especially centenarians.
8. A restaurant in New York will charge 3% fine if food is left on the plate.
9. The reason of the manager: Billions of dollars worth of food goes to waste so the above-mentioned rule is justified.(sic)
10. If a customer asks for a doggy bag,he/she will be fined in a restaurant. Reason: The manager believes that food is served for humanbeing only.
The above may be interesting for unusual situations but it is shared with readers online for Sino-American Economics of Thrift during the hard economic times nowadays.
Francis Shieh aka Xie Shihao, an octogenarian graduate student with such frugal habits since the college days in early 1940s.
Monday, January 11, 2010 at 2.08 p.m.
2. The favorite drink for a tree is "root beer."
3. A song sung in a car is a cartoon.
4. Tax is an obligation but a penalty is an extra tax to be imposed for honest mistakes.
5. When someone crosses a cat with a tree, it would be a cat-a-logue!
6. Before the online age, an APPLICATION was for employment only.
7. Older folks are less likely to drink and drive and more likely to buckle up for safety especially centenarians.
8. A restaurant in New York will charge 3% fine if food is left on the plate.
9. The reason of the manager: Billions of dollars worth of food goes to waste so the above-mentioned rule is justified.(sic)
10. If a customer asks for a doggy bag,he/she will be fined in a restaurant. Reason: The manager believes that food is served for humanbeing only.
The above may be interesting for unusual situations but it is shared with readers online for Sino-American Economics of Thrift during the hard economic times nowadays.
Francis Shieh aka Xie Shihao, an octogenarian graduate student with such frugal habits since the college days in early 1940s.
Monday, January 11, 2010 at 2.08 p.m.
Statistical Abstract of the US 2010 edition et al
Washington Post, Jan. 11, 2010 page A15: Such edition bulges with information.
"How do we compare with other nations? Some are favorable and others are not.
Mostly, we learn how we are living and changing. By 2050, the US population is projected at 440 million, up from 304 million in 2008. Almost one quarter of students are immigrants or have immigrant parents.'
Professor John K. Galbraith:"There are those who don't know and those who don't know they don't know." I would say: "Any prediction is subject to change. That is not untrue."
Moreover,"That means a lot of bi-lingual folks as human resource in the USA. Foreign languages are needed as most Americans are tongue-tied in other languages."
Page A9: "China surpasses Germany as world's top exporter: Economy expected to soon become world's second biggest" By steven Mufson
Page B1: Photo: A man gets a laugh out of fellow Metro train riders: Definitely not dressed for the weather for the annual "No Pants Metro Ride" designed to make folks smile. Not a warm day!
For more photos and a video, visit washingtonpost.com/local apropos of stares and smirks for fun. NO HOAX!
Francis Shieh aka Xie Shihao blogging with annotations for reader's smiles in the light vein but never snide remarks.
Monday, January 11, 2010 at 8.12 a.m.
"How do we compare with other nations? Some are favorable and others are not.
Mostly, we learn how we are living and changing. By 2050, the US population is projected at 440 million, up from 304 million in 2008. Almost one quarter of students are immigrants or have immigrant parents.'
Professor John K. Galbraith:"There are those who don't know and those who don't know they don't know." I would say: "Any prediction is subject to change. That is not untrue."
Moreover,"That means a lot of bi-lingual folks as human resource in the USA. Foreign languages are needed as most Americans are tongue-tied in other languages."
Page A9: "China surpasses Germany as world's top exporter: Economy expected to soon become world's second biggest" By steven Mufson
Page B1: Photo: A man gets a laugh out of fellow Metro train riders: Definitely not dressed for the weather for the annual "No Pants Metro Ride" designed to make folks smile. Not a warm day!
For more photos and a video, visit washingtonpost.com/local apropos of stares and smirks for fun. NO HOAX!
Francis Shieh aka Xie Shihao blogging with annotations for reader's smiles in the light vein but never snide remarks.
Monday, January 11, 2010 at 8.12 a.m.
Sunday, January 10, 2010
Some meaty intellectual gist for your digestion,please?
NEWSWEEK, January 11, 2010: Page 22: Gallup's pollsters surveyed Americans' attitudes toward interracial relationships in 2005, the majority were accepting i.e. 95% of Americans under 30 approved, compared to roughly 45% of those over 64. The majority of younger people claim to have dated a person of a different race or ethnic backgrounds. Comment: We are all homosapiens and variety is the spice of life.Nobody would impugn.
HARVARD BUSINESS REVIEW,January and February 2010 issue:
Page 24 Apropos of CHINA: Myth: Collectivism in the public sector.
Reality: Individualism under the market economy.
Myth: Long term deliberation re RMB value to be fluctuating.
Reality:Real-time reaction is based on the Law of Supply and Demand for Foreign Exchange Market.
Myth: Risk aversion re efficiency and efficacy
Reality: Risk tolerance to respect for seniority
Page 26: Animatronic at the Colonel Sanders Museum: Colonel F.Shieh declares such recipe is originated from China with condiments as cultural evidence.
Page 36: Managers must remember that they are the custodians of society's most powerful institutions. They must therefore hold themselves to a higher standard.
To Wit: "Shang liang bu zheng,xia liang wan" in Pin Yin system of phonetic equivalents of 7 Chinese characters.(words)
Page 56: "Transforming a nation is even harder but the dramatic reforms in China show that it can be done." Written by Paul Romer of Stanford Institute for Economic Policy Research.
Page 86: How to bounce back from adversity?: RESILIENCE: Such fortitude may be found in Confucianism.Cf. www.loc.gov i.e. Library of Congress online catalog re Political Philosophy of Mencius: et passim.
Page 102: US urgently needs dynamism: Evidence may be discovered in China's reforms.
Page 111,112: Best performing CEOs in the world: Wang Jianzhou(China mobile for telecom)
Fu Chengyu(CNOOC for energy)
Wang Tianpi (Sinapec)
President Herbert Hoover (1929-1933) was the first president to have a telephone on his desk in the White House. The president and his wife were both fluent in Chinese.
President Obama (2009 -?) is the president with computer online but he and his wife are not fluent in Chinese yet. Hopefully he would lead the nation to economic recovery during this tenure of office.
"A Glimpse of the Chinese Language" may be useful to all those who are interested in China for understanding in the 21st century and beyond... www.rand.org for reference.
Francis Shieh aka Xie Shihao, a blogger to share information with readers of Sino-American Economics covering peace and development.
Sunday, January 10, 2010 at 1.48 p.m.
HARVARD BUSINESS REVIEW,January and February 2010 issue:
Page 24 Apropos of CHINA: Myth: Collectivism in the public sector.
Reality: Individualism under the market economy.
Myth: Long term deliberation re RMB value to be fluctuating.
Reality:Real-time reaction is based on the Law of Supply and Demand for Foreign Exchange Market.
Myth: Risk aversion re efficiency and efficacy
Reality: Risk tolerance to respect for seniority
Page 26: Animatronic at the Colonel Sanders Museum: Colonel F.Shieh declares such recipe is originated from China with condiments as cultural evidence.
Page 36: Managers must remember that they are the custodians of society's most powerful institutions. They must therefore hold themselves to a higher standard.
To Wit: "Shang liang bu zheng,xia liang wan" in Pin Yin system of phonetic equivalents of 7 Chinese characters.(words)
Page 56: "Transforming a nation is even harder but the dramatic reforms in China show that it can be done." Written by Paul Romer of Stanford Institute for Economic Policy Research.
Page 86: How to bounce back from adversity?: RESILIENCE: Such fortitude may be found in Confucianism.Cf. www.loc.gov i.e. Library of Congress online catalog re Political Philosophy of Mencius: et passim.
Page 102: US urgently needs dynamism: Evidence may be discovered in China's reforms.
Page 111,112: Best performing CEOs in the world: Wang Jianzhou(China mobile for telecom)
Fu Chengyu(CNOOC for energy)
Wang Tianpi (Sinapec)
President Herbert Hoover (1929-1933) was the first president to have a telephone on his desk in the White House. The president and his wife were both fluent in Chinese.
President Obama (2009 -?) is the president with computer online but he and his wife are not fluent in Chinese yet. Hopefully he would lead the nation to economic recovery during this tenure of office.
"A Glimpse of the Chinese Language" may be useful to all those who are interested in China for understanding in the 21st century and beyond... www.rand.org for reference.
Francis Shieh aka Xie Shihao, a blogger to share information with readers of Sino-American Economics covering peace and development.
Sunday, January 10, 2010 at 1.48 p.m.
Nasdaq lists 123 Chinese firms in the NYSE
Phoenix TV(Hong Kong) reports that NASDAQ required US$1 billion for IPO to be listed in the stock market for investors.
If interested,read the NYSE in the press about the firms making high- tech cell phones as popular products for folks in particular.
WTOP radio just announced that China surpassed Japan as No. 2 nation in global exports next to the USA. Japan is No. 3 now.
Good luck to you for your fortune to come.
Francis Shieh aka Xie Shihao blogging to mean "zhi shang tan bing" in Pin Yin system i.e.strategy merely on the paper,not an octogenarian investor but a blogger to wish readers to amass a large fortune if such is your goal in the mundane world.
Sunday, January 10, 2010 at 6.12 a.m.
If interested,read the NYSE in the press about the firms making high- tech cell phones as popular products for folks in particular.
WTOP radio just announced that China surpassed Japan as No. 2 nation in global exports next to the USA. Japan is No. 3 now.
Good luck to you for your fortune to come.
Francis Shieh aka Xie Shihao blogging to mean "zhi shang tan bing" in Pin Yin system i.e.strategy merely on the paper,not an octogenarian investor but a blogger to wish readers to amass a large fortune if such is your goal in the mundane world.
Sunday, January 10, 2010 at 6.12 a.m.
Saturday, January 9, 2010
As China rises, so does its influence on the Hill
Washington Post, January 9, 2010 Page A1: China has become a critical economic player across America.
It is the Economy for smart folks to be aware of the realities for individuals and for a nation as well.
Francis Shieh aka Xie Shihao, an octogenarian reader of The Washington Post and a blogger for www. Sino-American economics since 2000.
Saturday, January 9, 2010 at 11.02 a.m.
It is the Economy for smart folks to be aware of the realities for individuals and for a nation as well.
Francis Shieh aka Xie Shihao, an octogenarian reader of The Washington Post and a blogger for www. Sino-American economics since 2000.
Saturday, January 9, 2010 at 11.02 a.m.
Friday, January 8, 2010
Wall Street Journal,Washington Times and USAToday,Jan.8,2010
WSJ,1/8/10 page A8:
Shanghai- Chinese authorities took steps to cool supercharged economy amid worries over inflation,engineering a minor tightening of credit that unnerved global market.
Page A16: ECO:nomics- where the minds in business and policy uncover the real risks and opportunities in the fast-changing world of environmental capital.
Page C2: Mr. Lo's high-rise rescue in China:
Hong Kong billionaire steps in to revive struggling hotel project in Shanghai's historic district.
Page C10: "The dollar rallied overnight as global stock markets and some comodities sank on news that China had moved toward an apparent tightening of monetary policy." Here we see the Sino-American Cross Model of shifting the aggregate demand and aggregate supply curves towards the recessionary gap from the expansionary gap via monetary policy.Needless to say,Irving Fisher's Quantity Theory of Money or Equation of Exchange works to a certain extent. i.e. MV=PQ
Washington Times- page B3: Secretary of State Clinton: $50 million for the US pavilion at the Shanghai Expo in the summer in 2010, the largest of all.
USAToday,Jan.8-10, 2010
Page 8A: New Ad campaign touts 'Made in China'
One of the 30-second spots shows a couple of teen girls dancing at a bus stop using a MP3 players "Made in China" with software from Silicon Valley,USA. Another shows a jogger tying his sneakers "Made in China" with American sports technology. Well,here is another evidence demonstrating Sino-American economics in action.
Francis Shieh,sounds like SHEA,acronym for:
S- Society
H- Healthcare
E- Epidemiology
A- America
Society for Healthcare Epidemiology(etiology of epidemics) of America. Fitting indeed!
Well,Shieh or Shea or Shay do sound close enough for the 17 strokes(traditional) or 13 strokes (simplified) of the Chinese character(word) meaning thank.
For explanations: "A Glimpse of the Chinese Language" in Engish is available free at pdf format from www.rand.org for reference. Let us dispel any bias for the similar sound as a matter of courtesy for homosapiens:THANK or Xie Xie.But the Chinese word may be unwieldy. Decades ago, a British philosopher visited China,sedan puller asked him about 11 strokes for Wang yu and wang er i.e. 11 strokes for two Chinese names. He could not do it and he started to admire the Chinese calligraphy as a form of art to be appreciated by philosophers in the world. Ph.D. means Doctor of Philosophy and Chinese school kids learn Chinese culture in elementary schools.
Francis Shieh aka Xie Shihao on January 8, 2010 at 2.18 p.m.
Shanghai- Chinese authorities took steps to cool supercharged economy amid worries over inflation,engineering a minor tightening of credit that unnerved global market.
Page A16: ECO:nomics- where the minds in business and policy uncover the real risks and opportunities in the fast-changing world of environmental capital.
Page C2: Mr. Lo's high-rise rescue in China:
Hong Kong billionaire steps in to revive struggling hotel project in Shanghai's historic district.
Page C10: "The dollar rallied overnight as global stock markets and some comodities sank on news that China had moved toward an apparent tightening of monetary policy." Here we see the Sino-American Cross Model of shifting the aggregate demand and aggregate supply curves towards the recessionary gap from the expansionary gap via monetary policy.Needless to say,Irving Fisher's Quantity Theory of Money or Equation of Exchange works to a certain extent. i.e. MV=PQ
Washington Times- page B3: Secretary of State Clinton: $50 million for the US pavilion at the Shanghai Expo in the summer in 2010, the largest of all.
USAToday,Jan.8-10, 2010
Page 8A: New Ad campaign touts 'Made in China'
One of the 30-second spots shows a couple of teen girls dancing at a bus stop using a MP3 players "Made in China" with software from Silicon Valley,USA. Another shows a jogger tying his sneakers "Made in China" with American sports technology. Well,here is another evidence demonstrating Sino-American economics in action.
Francis Shieh,sounds like SHEA,acronym for:
S- Society
H- Healthcare
E- Epidemiology
A- America
Society for Healthcare Epidemiology(etiology of epidemics) of America. Fitting indeed!
Well,Shieh or Shea or Shay do sound close enough for the 17 strokes(traditional) or 13 strokes (simplified) of the Chinese character(word) meaning thank.
For explanations: "A Glimpse of the Chinese Language" in Engish is available free at pdf format from www.rand.org for reference. Let us dispel any bias for the similar sound as a matter of courtesy for homosapiens:THANK or Xie Xie.But the Chinese word may be unwieldy. Decades ago, a British philosopher visited China,sedan puller asked him about 11 strokes for Wang yu and wang er i.e. 11 strokes for two Chinese names. He could not do it and he started to admire the Chinese calligraphy as a form of art to be appreciated by philosophers in the world. Ph.D. means Doctor of Philosophy and Chinese school kids learn Chinese culture in elementary schools.
Francis Shieh aka Xie Shihao on January 8, 2010 at 2.18 p.m.
Financial crisis panel + Xiong Mao or Mao Xiong? That is the query!
Washington Post, January 8, 2010 on page A14: Year-long inquiry opens-Goal is to learn what the heck happened:
"The commission appointed by Congress to examine the causes(etiology) of the financial crisis is to hear testimony Wednesday from the heads of four of the nation's largest banks." Such action would certainly be endorsed by folks interested in Sino-American Economics due to the global impact and repercussions.
"This is a proxy for the American people, giving them the chance to ask what led this country to the economic precipice." Needless folks all over the world would be equally interested in the American banking situations.
On page A20: Apples, Oranges and snowplows, a letter to the editor by Brian Ross:
"Can anyone speed the plow? asked by Ms. McCarthy. Brian Ross read such with great interest.
"Her argument, if I may deem it as such, seems to be:
1. It snowed a lot on Dec. 19;
2. She saw only one snowplow in 90 minutes;
3. that snowplow was not plowing;
4. snowplows are run by the government;
5. the government can't run health care.
It appears that not only does this country need a nickel cigar, but Americans could also use an introductory course in political debate. And also, perhaps, a reminder of the difference between apples and oranges."(sic)
Comment: There are snow storms in China as well lately but folks dig in and dig out for exercises at best! (saving the cost to pay membership in the Gym for riding a bike that would not move!) Moreover, it is high time to pay respect to Chinese,the classicl and modern language with tones as music and calligraphy as art: To wit:-
Apple is "Ping guo" in Pin Yin system of phonetic alphabets for 2 Chinese characters.
Orange is "Ju zi" in Pin Yin.Two Chinese words.
Snowplower is "Sao xue ji" Three Chinese expression to describe such equipment.
The above is rendered to the readers for cultural enrichment as my public service.
Page B2: Panda farewell party: "TAI SHAN" in under the spotlight:
Giant pandas are natives to China. The beloved 4-year-old Tai Shan's party will take place on Jan. 30th at the zoo in Washington, D.C. from 11 a.m. to 3 p.m.
Panda is "Xiong Mao" in Pin Yin i.e. Bear Cat if Panda is regarded to be in the Cat category. However, if Panda is like bear more, then "Mao Xiong" would be more appropriate and proper for such description. What is your judgment? The reader can think and name the Panda as you would see fit. No-brainer or a cinch!?
Thanks for your thought and your time in reading my blog on Friday,Jan. 8th at 10.16 a.m. with snow on the ground for a more beautiful scenary on the good earth in USA/China,the One World in the name of globalization.
Francis Shieh aka Xie Shihao,sharing my blog as a free thinker. Have a great day,everyday!
"The commission appointed by Congress to examine the causes(etiology) of the financial crisis is to hear testimony Wednesday from the heads of four of the nation's largest banks." Such action would certainly be endorsed by folks interested in Sino-American Economics due to the global impact and repercussions.
"This is a proxy for the American people, giving them the chance to ask what led this country to the economic precipice." Needless folks all over the world would be equally interested in the American banking situations.
On page A20: Apples, Oranges and snowplows, a letter to the editor by Brian Ross:
"Can anyone speed the plow? asked by Ms. McCarthy. Brian Ross read such with great interest.
"Her argument, if I may deem it as such, seems to be:
1. It snowed a lot on Dec. 19;
2. She saw only one snowplow in 90 minutes;
3. that snowplow was not plowing;
4. snowplows are run by the government;
5. the government can't run health care.
It appears that not only does this country need a nickel cigar, but Americans could also use an introductory course in political debate. And also, perhaps, a reminder of the difference between apples and oranges."(sic)
Comment: There are snow storms in China as well lately but folks dig in and dig out for exercises at best! (saving the cost to pay membership in the Gym for riding a bike that would not move!) Moreover, it is high time to pay respect to Chinese,the classicl and modern language with tones as music and calligraphy as art: To wit:-
Apple is "Ping guo" in Pin Yin system of phonetic alphabets for 2 Chinese characters.
Orange is "Ju zi" in Pin Yin.Two Chinese words.
Snowplower is "Sao xue ji" Three Chinese expression to describe such equipment.
The above is rendered to the readers for cultural enrichment as my public service.
Page B2: Panda farewell party: "TAI SHAN" in under the spotlight:
Giant pandas are natives to China. The beloved 4-year-old Tai Shan's party will take place on Jan. 30th at the zoo in Washington, D.C. from 11 a.m. to 3 p.m.
Panda is "Xiong Mao" in Pin Yin i.e. Bear Cat if Panda is regarded to be in the Cat category. However, if Panda is like bear more, then "Mao Xiong" would be more appropriate and proper for such description. What is your judgment? The reader can think and name the Panda as you would see fit. No-brainer or a cinch!?
Thanks for your thought and your time in reading my blog on Friday,Jan. 8th at 10.16 a.m. with snow on the ground for a more beautiful scenary on the good earth in USA/China,the One World in the name of globalization.
Francis Shieh aka Xie Shihao,sharing my blog as a free thinker. Have a great day,everyday!
Thursday, January 7, 2010
"Super Freakonomics"stories of human behavior
Continued: page 123: Looking through the eyes of an economist like John List of the University of Chicago,you realize that many seenmingly altruistic acts no longer seem so altruistic" Such statement is compound-complex with confusion at best as rhetoric.
Page 124: Most giving is, as economists call it,"impure altruism or warm-glow altruism. Comment: It is a matter of perception and reception of the human mind(psyche)Eleemosynary work may be from the heart or otherwise? Who knows?
Page 146: Former Secretary of Defense Robert McNamara made decisons on statistical analysis rather than considered judgment. He behaved like a traditional economist. Here we may detect the fallacy of numerical figures when decisions are based with inaccurate data analysis.Such Media reports should be dealt with cautious cagey reactions.
Francis Shieh aka Xie Shihao,a reader of such book of stories to show the irrational human behavior once a while to challenge the traditional rational behavior as the usual assumptions in economics. "Super-Freaknomics" may be a fitting title if such is established by readers
January 7, 2010 at 2.06 p.m.
Page 124: Most giving is, as economists call it,"impure altruism or warm-glow altruism. Comment: It is a matter of perception and reception of the human mind(psyche)Eleemosynary work may be from the heart or otherwise? Who knows?
Page 146: Former Secretary of Defense Robert McNamara made decisons on statistical analysis rather than considered judgment. He behaved like a traditional economist. Here we may detect the fallacy of numerical figures when decisions are based with inaccurate data analysis.Such Media reports should be dealt with cautious cagey reactions.
Francis Shieh aka Xie Shihao,a reader of such book of stories to show the irrational human behavior once a while to challenge the traditional rational behavior as the usual assumptions in economics. "Super-Freaknomics" may be a fitting title if such is established by readers
January 7, 2010 at 2.06 p.m.
Wednesday, January 6, 2010
Wall Street Journal, Jan. 6, 2010 page A2,A6
Page A2: "Economists expressed concern about the extent to which the unprecedented measures taken by the government and FED could weaken them as a backstop in the future. The FED's massive interventions have exposed it to greater financial risk, of which could lessen its ability to step in and calm markets.
When US and the UK cross the 90% threshold, their annual growth tends to be about one percenage point lower, said Rogoff and Reinhart of the University of Maryland.
The huge costs of financial and economic bailouts have put added burdens on the finances of advanced economy governments around the world."
For China, a developing nation suffering as well. The future remains to be seen in due course of time.
Page A6: According to Global Trade Info Service of Geneva, China dethrones Germany as top goods exporter.
Francis Shieh aka Xie Shihao reading WSJ to share with readers of Sino-American economics on January 6, 2010 at 2.12 p.m.
When US and the UK cross the 90% threshold, their annual growth tends to be about one percenage point lower, said Rogoff and Reinhart of the University of Maryland.
The huge costs of financial and economic bailouts have put added burdens on the finances of advanced economy governments around the world."
For China, a developing nation suffering as well. The future remains to be seen in due course of time.
Page A6: According to Global Trade Info Service of Geneva, China dethrones Germany as top goods exporter.
Francis Shieh aka Xie Shihao reading WSJ to share with readers of Sino-American economics on January 6, 2010 at 2.12 p.m.
China's new high-speed train is much faster than the Acela in the USA
Washington Post,Wednesday, January 6, 2010 on page C10: Today's News -
"The little engine that could ...go very fast:-
The world's fastest train service debuted in China in the last week of 2009. The new bullet train takes just under three hours to travel between two Chinese cities(Wuhan to Guangzhou) that are 664 miles apart. That is a litle farther than the distance from Washington to Atlanta." I visited such cities in China for lectures on the American economy in 1980s and 1990s. But I had to spend more time for travel during that period.
The train travels at an average speed of 217 miles per hour but can go faster. The fastest train in the United States is Amtrak's Acela, which can reach speeds of about 80 miles per hour. China plans to build a network of high-speed trains throughout the country." Published in "Kids Post" but for adults as well.
Page E1: America's famous KFC,Starbucks Coffee with Berger King and McDonald can be seen in Shanghai, China when I visited there so many times in so many places.
Here we see more evidence of Sino-American Economics in action.
Page A9: Recession over? Not unless we make a major shift of the American economy with similar situation in China nowadays.
Economist Paul Krugman probably has it about right when he says there is a one-in-three chance that the economy will dip back into recession with the optimistic scenario that the economy will neither shrink nor grow but bounce along the bottom. Krugman visited China weeks ago. In China,the economy is up a bit as per the reports from the media. Both nations took measures for stimulus policy.
American households are well into the shift having gone from a negative savings rate to circa 4%. However, China's saving's rate is higher from the lifestyle with the traditional culture under the influence of Confucianism.
On page A9,Steven Pearlstein wrote:"Most important would be for the government to step up its spending for infrastructure,basic research, clean energy development and expanded public education." China has the same spending plans.
Re: Public education:"The Future of Community Colleges" published by the Congressional Record,July 18, 1974 with the vision to educate and train the grassroots in communities in the United States. In China,vocational education is being stressed for training the folks. There is the common ground of Sino-Amerian economics of public education as an example of the positive externality.
Francis Shieh aka Xie Shihao,citing the above to share with readers online for Sino-American Economics on January 6, 2010 at 9.36 a.m.
"The little engine that could ...go very fast:-
The world's fastest train service debuted in China in the last week of 2009. The new bullet train takes just under three hours to travel between two Chinese cities(Wuhan to Guangzhou) that are 664 miles apart. That is a litle farther than the distance from Washington to Atlanta." I visited such cities in China for lectures on the American economy in 1980s and 1990s. But I had to spend more time for travel during that period.
The train travels at an average speed of 217 miles per hour but can go faster. The fastest train in the United States is Amtrak's Acela, which can reach speeds of about 80 miles per hour. China plans to build a network of high-speed trains throughout the country." Published in "Kids Post" but for adults as well.
Page E1: America's famous KFC,Starbucks Coffee with Berger King and McDonald can be seen in Shanghai, China when I visited there so many times in so many places.
Here we see more evidence of Sino-American Economics in action.
Page A9: Recession over? Not unless we make a major shift of the American economy with similar situation in China nowadays.
Economist Paul Krugman probably has it about right when he says there is a one-in-three chance that the economy will dip back into recession with the optimistic scenario that the economy will neither shrink nor grow but bounce along the bottom. Krugman visited China weeks ago. In China,the economy is up a bit as per the reports from the media. Both nations took measures for stimulus policy.
American households are well into the shift having gone from a negative savings rate to circa 4%. However, China's saving's rate is higher from the lifestyle with the traditional culture under the influence of Confucianism.
On page A9,Steven Pearlstein wrote:"Most important would be for the government to step up its spending for infrastructure,basic research, clean energy development and expanded public education." China has the same spending plans.
Re: Public education:"The Future of Community Colleges" published by the Congressional Record,July 18, 1974 with the vision to educate and train the grassroots in communities in the United States. In China,vocational education is being stressed for training the folks. There is the common ground of Sino-Amerian economics of public education as an example of the positive externality.
Francis Shieh aka Xie Shihao,citing the above to share with readers online for Sino-American Economics on January 6, 2010 at 9.36 a.m.
Economics of Human Capital:Exercise for the brain
A Healthy mind is as important as a healthy body to cultivate holy soul in eternity with prayers for peace.
Interactive activities such as physical, cognitive, emotional and social approach to brain stimulation would be beneficial to maintain our good health on daily basis.
Walking, reading,studying American English and the Chinese language plus music as silent singing with blogging to make us feeling young even though our chronological age may be high. Age is merely a number. It is the mindset to be "xiaohuozi or xiaomeimei" as our thoughts to be!
When we encounter eggs under some circumstances,we might as well make egg rolls in resilience. "ni lai shun shou" in Pin Yin could be transformed to be blessing in disguise as "yin huo de fu" in Pin Yin to cite Confucian philosophy with a touch of Western epistemology. With faithful trust in the Divine Providence or "Lao tian ye" in Pin Yin for our existence with blessings.
In other words,realistic optimism to take care of ourselves such as nutrition, exercises with positive thinking + joyful outlook in life.
Francis Shieh aka Xie Shihao, an octogenarian graduate student from Shanghai, China,trying to learn the proper mix of the East and the West with spirituality at Georgetown Graduate School since the late 1940s to date in the open university during the past six decades plus of human experience.
Wednesday, on January 6, 2010, to celebrate Epiphany,to share the wisdom from the East to the West. After all,there is One World for all humanity on earth. At 6 a.m. An early bird catches the worm but a human being can catch the study of theology for eternity.
Interactive activities such as physical, cognitive, emotional and social approach to brain stimulation would be beneficial to maintain our good health on daily basis.
Walking, reading,studying American English and the Chinese language plus music as silent singing with blogging to make us feeling young even though our chronological age may be high. Age is merely a number. It is the mindset to be "xiaohuozi or xiaomeimei" as our thoughts to be!
When we encounter eggs under some circumstances,we might as well make egg rolls in resilience. "ni lai shun shou" in Pin Yin could be transformed to be blessing in disguise as "yin huo de fu" in Pin Yin to cite Confucian philosophy with a touch of Western epistemology. With faithful trust in the Divine Providence or "Lao tian ye" in Pin Yin for our existence with blessings.
In other words,realistic optimism to take care of ourselves such as nutrition, exercises with positive thinking + joyful outlook in life.
Francis Shieh aka Xie Shihao, an octogenarian graduate student from Shanghai, China,trying to learn the proper mix of the East and the West with spirituality at Georgetown Graduate School since the late 1940s to date in the open university during the past six decades plus of human experience.
Wednesday, on January 6, 2010, to celebrate Epiphany,to share the wisdom from the East to the West. After all,there is One World for all humanity on earth. At 6 a.m. An early bird catches the worm but a human being can catch the study of theology for eternity.
Tuesday, January 5, 2010
The Washington Times, Jan. 5, 2010 page A5
Economic Watch Section by David Guiswold
Americans reaping benefit of US membership, World Trade Organization.(WTO)
Appealing through WTO has helped the US government to remove barriers to the sale of US semiconductors in China.
Francis Shieh aka Xie Shihao, a daily reader at the Base Library to stay informed for Sino-American economics on Tuesday, January 5, 2010 at 12.28 p.m.
Americans reaping benefit of US membership, World Trade Organization.(WTO)
Appealing through WTO has helped the US government to remove barriers to the sale of US semiconductors in China.
Francis Shieh aka Xie Shihao, a daily reader at the Base Library to stay informed for Sino-American economics on Tuesday, January 5, 2010 at 12.28 p.m.
GM selling cars in rapidly growing Chinese market
Washington Post, Tuesday, January 5, 2010: Automaker posts 67% increase in sales in 2009 due to joint ventures exploited rising affluence there to sell more than 1.8 million cars and trucks.
Leading the firm's sales in China were Buicks, as well as inexpensive small vans and pickups.The number of cars sold in China rivals the number sold in the United States, and the Chinese market is expected to condinue to grow rapidly.
"There is no question that China will become the world's largest auto market as long as the economy keeps growing," said Kelly Gallagher, a professor at Tufts University and the author of a book about the Chinese auto industry.
The potential for soaring sales has set off a race into China. The leaders in market share include Volkswagen, Changan, Shanghai automotive Industry Corp. and Hyundai.
GM's strength in the Chinese market last year partially offsets the collapse of its sales in the United States. A chart is publlished to that effect.
The joint venture sells pickups and small vans, known in China as "bread loaf cars" "Mian bao che" due to their shape as the loaf of bread in 3 Chinese characters of such ideograms for the phonetic equivalents in Pin Yin system.
For explanation: "A Glimpse of the Chinese Language" in English is dedicated for understanding,available free of charge via pdf format at www.rand.org for reference.
Many cars sell for roughly between $4,000 and $7,000.
Chinese consumers in the market system responded enthusiastically to our lineup of modern, fuel-efficient and stylish products. Kevin Wale,President and director of the GM China Group said.
I remember the expression:"What is good for General Motors is good for America." In other words,the private sector(GM) generates the success of the public sector(USA). Perhaps such may be modified as: Uncle Sam would bailout GM for the best interest of the nation. There is political economy in action nowadays.
Francis Shieh aka Xie Shihao,an octogenarian blogger with devotion to blog Sino-American Economics to the readers of interest to stay informed about the positive scenario for mutual benefit in the 21st century.
Tuesday, January 5, 2010 at 9.46 a.m.
Leading the firm's sales in China were Buicks, as well as inexpensive small vans and pickups.The number of cars sold in China rivals the number sold in the United States, and the Chinese market is expected to condinue to grow rapidly.
"There is no question that China will become the world's largest auto market as long as the economy keeps growing," said Kelly Gallagher, a professor at Tufts University and the author of a book about the Chinese auto industry.
The potential for soaring sales has set off a race into China. The leaders in market share include Volkswagen, Changan, Shanghai automotive Industry Corp. and Hyundai.
GM's strength in the Chinese market last year partially offsets the collapse of its sales in the United States. A chart is publlished to that effect.
The joint venture sells pickups and small vans, known in China as "bread loaf cars" "Mian bao che" due to their shape as the loaf of bread in 3 Chinese characters of such ideograms for the phonetic equivalents in Pin Yin system.
For explanation: "A Glimpse of the Chinese Language" in English is dedicated for understanding,available free of charge via pdf format at www.rand.org for reference.
Many cars sell for roughly between $4,000 and $7,000.
Chinese consumers in the market system responded enthusiastically to our lineup of modern, fuel-efficient and stylish products. Kevin Wale,President and director of the GM China Group said.
I remember the expression:"What is good for General Motors is good for America." In other words,the private sector(GM) generates the success of the public sector(USA). Perhaps such may be modified as: Uncle Sam would bailout GM for the best interest of the nation. There is political economy in action nowadays.
Francis Shieh aka Xie Shihao,an octogenarian blogger with devotion to blog Sino-American Economics to the readers of interest to stay informed about the positive scenario for mutual benefit in the 21st century.
Tuesday, January 5, 2010 at 9.46 a.m.
Monday, January 4, 2010
Washington Post, January 4, 2010 page A2
USA-the world's largest economy and China,the world's third largest economy whose total trading volume was $409 billion last year. Comment: Very impressive for mutual benefit.
Carol Guthrie, a spokeswoman for the Office of the US Trade Representative, said the US "trade relationship with China remains strong, buttressed by consistent and frank dialogue, effective institutions, and global trade rules."
"Trade disputes are a normal part of a healthy, mature trading relationship," Guthrie added. "The United States has trade disputes with a number of major trading partners-the European Union, for instance, and still has healthy relationships because we have all agreed to work under certain rules. This is the case here, as well." Comment: Challenges are entirely manageable with confidence and the understanding of the Law of Comparative Advantage in economics.
Page B1,B2: "Deep thinking is part of lunchtime menu for the Philosophy club as members of middle-schoolers." Comment: It is a wonderful idea to start such in-depth discussions in philosophy to motivate young folks to pursue for the Ph.D., i.e. Doctor of Philosophy for their long-term knowledge and wisdom.
Francis Shieh aka Xie Shihao, an octogenarian lifelong examiner of hard-wired cognitive and neurological processes affecting the simple daily interactions relevant to Sino-American Economics.
Monday,January 4,2010 at 9.36 a.m.
Carol Guthrie, a spokeswoman for the Office of the US Trade Representative, said the US "trade relationship with China remains strong, buttressed by consistent and frank dialogue, effective institutions, and global trade rules."
"Trade disputes are a normal part of a healthy, mature trading relationship," Guthrie added. "The United States has trade disputes with a number of major trading partners-the European Union, for instance, and still has healthy relationships because we have all agreed to work under certain rules. This is the case here, as well." Comment: Challenges are entirely manageable with confidence and the understanding of the Law of Comparative Advantage in economics.
Page B1,B2: "Deep thinking is part of lunchtime menu for the Philosophy club as members of middle-schoolers." Comment: It is a wonderful idea to start such in-depth discussions in philosophy to motivate young folks to pursue for the Ph.D., i.e. Doctor of Philosophy for their long-term knowledge and wisdom.
Francis Shieh aka Xie Shihao, an octogenarian lifelong examiner of hard-wired cognitive and neurological processes affecting the simple daily interactions relevant to Sino-American Economics.
Monday,January 4,2010 at 9.36 a.m.
A statement by George Bush, Henry Kissinger,Jimmy Carter and Gerald Ford
The above leaders published a statement sometime ago but still relevant to the 21st century. To cite several passages as follows: TO WIT-
"The importance of the strategic relationship is underscored by current international developments. (Comment:Such as terrorism, nuclear proliferation,climate warming et al.)
The President and the Congress share responsibility to share a policy towards China that reflects basic American interest. America's relationship with China is complicated by legitimate differences in policies and perceptions that need to be cleared up. The price for a failure to forge a consistent policy towards China will be paid in a weakened American ability to shape international events in ways that serve our interests and support our values.
The United States should neither fear nor opppose the development of China."( End of Quote from the publication in the media.
Comment: Both US and China are members of the Security Council of the United Nations for international peace and economic development in the 21st century.)
Francis Shieh aka Xie Shihao,a daily observer for positive course of action apropos of Sino-American economics for mutual benefit.
Monday, January 4, 2010 at 5.45 a.m.
"The importance of the strategic relationship is underscored by current international developments. (Comment:Such as terrorism, nuclear proliferation,climate warming et al.)
The President and the Congress share responsibility to share a policy towards China that reflects basic American interest. America's relationship with China is complicated by legitimate differences in policies and perceptions that need to be cleared up. The price for a failure to forge a consistent policy towards China will be paid in a weakened American ability to shape international events in ways that serve our interests and support our values.
The United States should neither fear nor opppose the development of China."( End of Quote from the publication in the media.
Comment: Both US and China are members of the Security Council of the United Nations for international peace and economic development in the 21st century.)
Francis Shieh aka Xie Shihao,a daily observer for positive course of action apropos of Sino-American economics for mutual benefit.
Monday, January 4, 2010 at 5.45 a.m.
Sunday, January 3, 2010
Recommending: The Journal 1837-1861 by Henry David Thoreau "Shoptimism"
"He is the richest, " Henry Thoreau wrote, "who has most use for nature as raw material of tropes(metaphor,metonymy, synecdoche and irony) and symbols with which to describe his life. Clearly, Thereau was the wealthiest man in Concord. We find that the journal was a work of art in itself." Note: Chinese calligraphy is a form of art. "We see his pioneer interest in Native Americans,(Note:American Indians were Asians) and his disgust with men who spoke vulgarly of women, his religious devotion to his task." Thoreau earned a modest living as a surveyor. What could the businessmen of Concord have offered him? He already had the whole world. -Michael Sims via bookworld@washpost.com Comment: Men of letters can have the mind of global context.
Here we can find Sino-American economics of raw materials and wealth with magnitude of literature centuries ago.
"Shoptimism"by Lee Eisenberg Free Press 334 pp. $26
Sub-title: Why the American Consumer will keep on buying no matter what- attributable to the lifestyle via advertising plus credit system in USA?
Here we detect the difference of custom and tradition of more than half of the population of farmers in China as a case of point.
Washington Best Sellers Paperback:
No. 3 "Freakonomics" (Harper Perennial, $15.99 Exploring behavioral economics -revised and expanded. To be continued in the next blog.
Francis Shieh aka Xie Shihao on Sunday,January 3, 2010 at 4.16 p.m.
Here we can find Sino-American economics of raw materials and wealth with magnitude of literature centuries ago.
"Shoptimism"by Lee Eisenberg Free Press 334 pp. $26
Sub-title: Why the American Consumer will keep on buying no matter what- attributable to the lifestyle via advertising plus credit system in USA?
Here we detect the difference of custom and tradition of more than half of the population of farmers in China as a case of point.
Washington Best Sellers Paperback:
No. 3 "Freakonomics" (Harper Perennial, $15.99 Exploring behavioral economics -revised and expanded. To be continued in the next blog.
Francis Shieh aka Xie Shihao on Sunday,January 3, 2010 at 4.16 p.m.
Why are economists so eager to measure contentment?
Washington Post,Sunday, January 3, 2010:
Outlook Section,page B1,B5: "HAPPY TALK" by Carol Graham, a professor of public policy at the University of Maryland and author of "Happiness Around the World",a forthcoming book. My comments are included in my blog below.
"Economic crisis.Job losses. Wars. Yet, while we can quantify things such as GDP,it is harder to measure their impact on our collective happiness: The economies of happiness - a set of new techniques and data to measure well-being and contentment.
How much happiness does money really buy? Does Happiness Pay? Recently, the Sarkozy Commission-led by Nobel Prize-winning economists issued a world-wide call for the development of broader measures of national well-being. The Kingdom of Bhutan uses "gross national happiness" as its preferred measure of progress. The British study stresses how to track well-being, using happiness as a base. In USA,Center for Disease Control measures of well-being into national health statistics.
It has been an amazing foray(or raid) into the complexity of the human psyche and the simplicity of what makes us happy" Here I would reiterate my New Year's Resolution of 4S-2D=RCA. Acronyms are stated:
1. Simplicity
2. Sincerity
3. Serenity
4. Serendipity
minus 1. Discouragement
2. Depression
= R-Rejoicing
C-Compassion
A-Amity
gaining happiness in the heart and mind.
Such philosophical underpinning cannot be quantified by numbers in the data but by the inner thought of perception and reception of the mind.
President Obama said that all Americans deserve a chance to pursue their full measure of happiness with their own version or own measure of whatever makes them happy.
We all want happiness and more of it. But this is a nascent science(emerginig inexact science as economics) Should happiness by a goal in life? I believe so with the in-depth understanding of epistemology. In sum, I would state categorically that
the ultimate success in economics is the contribution to be made for human happiness. My modest contribution would be my works listed at the Library of Congress: www.loc.gov under Shieh, Francis for your kind reference.
Let me reiterate the Equation of Happiness from my past blogs:
Happiness is not material consumption over desire only but to add intellectual pursuit,spiritual satisfaction plus good health as the Numerator over the desire as the Denominator.
Francis Shieh aka Xie Shihao,an octogenarian student of economics and philosophy with my avid studies of Confucianism from the original Chinese sources to be compared with Aristotle and Plato in English.I have reason to believe that human nature is still the same as homosapiens regardless of the cultures from the West and the East. The world is one in the name of globalization in the 21st century.
Sunday, January 3, 2010 at 10.08 a.m.
Outlook Section,page B1,B5: "HAPPY TALK" by Carol Graham, a professor of public policy at the University of Maryland and author of "Happiness Around the World",a forthcoming book. My comments are included in my blog below.
"Economic crisis.Job losses. Wars. Yet, while we can quantify things such as GDP,it is harder to measure their impact on our collective happiness: The economies of happiness - a set of new techniques and data to measure well-being and contentment.
How much happiness does money really buy? Does Happiness Pay? Recently, the Sarkozy Commission-led by Nobel Prize-winning economists issued a world-wide call for the development of broader measures of national well-being. The Kingdom of Bhutan uses "gross national happiness" as its preferred measure of progress. The British study stresses how to track well-being, using happiness as a base. In USA,Center for Disease Control measures of well-being into national health statistics.
It has been an amazing foray(or raid) into the complexity of the human psyche and the simplicity of what makes us happy" Here I would reiterate my New Year's Resolution of 4S-2D=RCA. Acronyms are stated:
1. Simplicity
2. Sincerity
3. Serenity
4. Serendipity
minus 1. Discouragement
2. Depression
= R-Rejoicing
C-Compassion
A-Amity
gaining happiness in the heart and mind.
Such philosophical underpinning cannot be quantified by numbers in the data but by the inner thought of perception and reception of the mind.
President Obama said that all Americans deserve a chance to pursue their full measure of happiness with their own version or own measure of whatever makes them happy.
We all want happiness and more of it. But this is a nascent science(emerginig inexact science as economics) Should happiness by a goal in life? I believe so with the in-depth understanding of epistemology. In sum, I would state categorically that
the ultimate success in economics is the contribution to be made for human happiness. My modest contribution would be my works listed at the Library of Congress: www.loc.gov under Shieh, Francis for your kind reference.
Let me reiterate the Equation of Happiness from my past blogs:
Happiness is not material consumption over desire only but to add intellectual pursuit,spiritual satisfaction plus good health as the Numerator over the desire as the Denominator.
Francis Shieh aka Xie Shihao,an octogenarian student of economics and philosophy with my avid studies of Confucianism from the original Chinese sources to be compared with Aristotle and Plato in English.I have reason to believe that human nature is still the same as homosapiens regardless of the cultures from the West and the East. The world is one in the name of globalization in the 21st century.
Sunday, January 3, 2010 at 10.08 a.m.
Saturday, January 2, 2010
Washington Post, January 2, 2010 Headline A1,A10
Chinese banks find their credit in high demand: Void left by US,Europe: China diversifies beyond US Treasurys:(Much of China's 2.3 trillion in foreign reserves remain invested in US Treasurys)
Photo of Zhou with Chinese characters as background:the governor of the People's Bank of China, which has reported that new lending by Chinese banks injected $1.3 trillion into the world economy over the first 9 months of 2009.
Here we can easily understand Sino-American economics.
Francis Shieh aka Xie Shihao, an observer of events as being unfolded in the media about global economy. Saturday, January 2, 2010 at 8.46 a.m.
Photo of Zhou with Chinese characters as background:the governor of the People's Bank of China, which has reported that new lending by Chinese banks injected $1.3 trillion into the world economy over the first 9 months of 2009.
Here we can easily understand Sino-American economics.
Francis Shieh aka Xie Shihao, an observer of events as being unfolded in the media about global economy. Saturday, January 2, 2010 at 8.46 a.m.
Friday, January 1, 2010
Washington Post, January 1, 2010
Page A16:
As 2010 begins, can we keep faith in our great American ideals?
"The pattern set by post World War II America was a new and different one. It included worldwide engagement, aid to devastatted nations, free trade, open societies and tolerance, democracy tempered by constitutional protections for all, and freedom to travel." Chinese folks travel to many nations nowadays including the USA to spend money to make contributions to Sino-American Economics.That is the real happenings that I witness as an independent bystander.
Page A12:
Disney completes Marvel acquisition of 4.24 billion for entertainment, bringing Spider-Man, Iron Man and 5,000 other characters under the same roof as Mickey Mouse and Donald Duck. Such can be enjoyed by folks in Shanghai denizens soon for another Sino-American economics in action.
Page D3:
Georgetown Opens Big East Campaign by beating St. John's: I have my fondest recollections of earning my degree at St.John's University in Shanghai(1946) and received my graduate degree from Georgetown University Graduate School in 1950 with a scholarship. Such basketball game in the Sports section brings back my memories from the 20th century with spiritual joy as the bell rings apropos of epistemology.
Page C6: The Light Side of Life:-
I enjoy reading Comics from Pickles: The lady said: "I can do hard things if I put my mind to it." Her husband replied:"I can hardly do things" Both are aging couples with humor in their conversation. We are what we feel. When we feel young,we are young in our hearts and minds. It is the mindset to beget youth with child-like active spirits.
Francis Shieh aka Xie Shihao, an octogenarian watcher of Sino-American economics everyday to share with readers online for cheers.
January 1, 2010 at 9.08 a.m.
As 2010 begins, can we keep faith in our great American ideals?
"The pattern set by post World War II America was a new and different one. It included worldwide engagement, aid to devastatted nations, free trade, open societies and tolerance, democracy tempered by constitutional protections for all, and freedom to travel." Chinese folks travel to many nations nowadays including the USA to spend money to make contributions to Sino-American Economics.That is the real happenings that I witness as an independent bystander.
Page A12:
Disney completes Marvel acquisition of 4.24 billion for entertainment, bringing Spider-Man, Iron Man and 5,000 other characters under the same roof as Mickey Mouse and Donald Duck. Such can be enjoyed by folks in Shanghai denizens soon for another Sino-American economics in action.
Page D3:
Georgetown Opens Big East Campaign by beating St. John's: I have my fondest recollections of earning my degree at St.John's University in Shanghai(1946) and received my graduate degree from Georgetown University Graduate School in 1950 with a scholarship. Such basketball game in the Sports section brings back my memories from the 20th century with spiritual joy as the bell rings apropos of epistemology.
Page C6: The Light Side of Life:-
I enjoy reading Comics from Pickles: The lady said: "I can do hard things if I put my mind to it." Her husband replied:"I can hardly do things" Both are aging couples with humor in their conversation. We are what we feel. When we feel young,we are young in our hearts and minds. It is the mindset to beget youth with child-like active spirits.
Francis Shieh aka Xie Shihao, an octogenarian watcher of Sino-American economics everyday to share with readers online for cheers.
January 1, 2010 at 9.08 a.m.
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