Cricket and baseball has at least one thing in common, both of them are a very boring game to watch. But baseball has one advantage over cricket, they sell beer in the stadium.
Category Archives: News Clips
Some news are still worth to remember even when it goes old.
Why Money Makes You Unhappy
Everyone knows the law of diminish of return from high school economics textbook. How come the writer sounds like they have discover something now. The more money you have, you will need even more money to give you the same happiness. It’s like exercise, you are happy the the first time you swim 50m non-stop, but if you are contented, you will never about to swim 1500m.
Socialist workers
China is reaching the turning-point, India is probably not far behind. Where the outsourcing will go next? Africa or Middle East?
Hong Kong’s economy, End of an experiment
The minimum wage legislation marks the last straw for Hong Kong’s death. The city is still there, but it is no longer the city once famous for its economy freedom. In 20 years, we will see whose economical policy is right, Cowperthwaite or Donald Tsang.
How to Make an American Job Before It’s Too Late – Andy Grove
Offshore levy sounds like an economical suicide. Protectionism is never the solution. I do agree Andy Grove’s opinion about off source is long term problem as we are losing our technical expertise. My solution is two folds. On technology front, we have to move even even higher tech, use robots and automation to keep the cost advantage. On the political front, we have to change the unfair competition advantage in overseas countries even by overthrowing their government.
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