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Category Archives: Economics/Politics
The Environment Bomb
In 1968, Professor Paul Ehrlich published a best seller entitled “The Population Bomb” predicting a population explosion for the world. This has turned out to be premature decades later. Why? It’s not the number of people that matters most. It’s … Continue reading
Posted in 21st Century, Economics/Politics, Environment
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US Presidential Election: Counting Electoral Votes
The US presidential election is not straightly based on national popular vote. The Constitution stipulates that the president must win the majority of the electoral votes rather than the national popular votes. It has happened four times in the past … Continue reading
Posted in Economics/Politics
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“Drill, Baby, Drill”: Will It Work?
During the Republican National Convention of 2008, the slogan “Drill, Baby, Drill” showed how far the oil industry had managed to dictate to a major political party. The commercial purpose is obvious. Big Oil wants less government regulation, hence a … Continue reading
Posted in 21st Century, Economics/Politics, Environment
4 Comments
Can The Market Deliver The Right Price?
As you know, price is determined by supply and demand. The market is the only place where supply meets demand to yield the right price. The market is never perfect and is never free although we like to think it … Continue reading
Posted in Economics/Politics, Environment, Health Care
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Myth, Power and Wealth
Myth, power and wealth all go together. If you possess one, you enhance the other two. Myth has a lot to do with human perception and imagination based on the level of wealth and fame. Myth thrives on ignorance, too. … Continue reading
Posted in Economics/Politics
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Money, Credit, and Trust
Although reputed to be the root of all evils, money is perhaps the greatest invention of humankind considering its impacts on the way we do business. Money serves two fundamental purposes: convenience and trust, without which the world could never … Continue reading
Posted in Business/Investment, Economics/Politics
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Is Majority Power an Illusion?
In a democratic society, majority power is embodied in the basic rule that the majority vote wins. The voting result means that the people have spoken, so to speak. This rule is just a convenience to make democracy works because … Continue reading
Posted in Economics/Politics, Inspiration
2 Comments
How Does a Grassroot Movement succeed?
As the word implies, a grassroot movement develops from the base and is a bottom-up process. Its success depends on three important factors: a clear idea that people can relate to and unite behind, sustained efforts in organization and leadership, … Continue reading
Posted in Economics/Politics, Inspiration
3 Comments
How to Fight Terrorism
For more than four decades after World War II, the world was largely divided into two opposing camps, one led by the US, and the other led by the Soviet Union. With the collapse of the Soviet Union and China … Continue reading
Posted in 21st Century, Economics/Politics
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Two Presidents: Obama and Reagan
I wish to bring up two US Presidents who share some interesting commonalities and contrasts: Ronald Reagan (Republican), and Barack Obama (Democrat). Both presidents have great communications skills. Reagan made people feel good while Obama was able to bring hope. … Continue reading
Posted in Economics/Politics
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