Thursday, January 31, 2013
Imprinting
Today's PBS "Nature" program has an interesting episode about "imprinting", i.e., any one when an animal had seen right after they were born will be regarded as their Mom or Dad. The picture shows a group of beautiful Greylag geese following a speeding boat since one of the passengers is their parent.
NY Times under pressure?
The recent few articles in NY Times about China new leadership have some food for thought. NY Times, known for its liberal-leaning stance, never hesitated to level criticism against Chinese government in the past and was culminated by its report of the flagrant corruption of Premier Wen's family members. However, in the last few articles, they sound more like hagiography. A while ago, Chinese authority threatened to revoke NY Times journalists visa. Will that threatening make any difference for NY Times to steer clear of its usually respected "the fourth estate"?
Saturday, January 26, 2013
SBTC
Economic growth or social fairness as discussed in a recent NY Times article? Before 1950s, American workers captured a solid share of the economic growth that economists call that era as "Great Compression" since income equality was minimal. Since 1979, the top 0.1% has taken in 25% of the nation's income while bottom 80% of households saw their incomes drop steadily. S.B.T.C. (skill-based technology change) should be the deciding factor to this growing income equality. Only education and abiding skill-enhancement can keep your head above water in this competitive world.
Sunday, January 20, 2013
Princeton Art Musuem
Accompanying friends to have a campus tour around Princeton Uni. yesterday. Last time to visit its art museum was more than 12 years ago. Princeton Uni. is really rich with a lot of endowments from its wealthy and powerful alumni. This art museum is free and has tremendous amounts of Egyptian, Chinese, European, Japanese, American, Greek, Roman and Mayan art collections. Not all universities are created equal.
Chinese model
In today's NBC "Meet the Press", "Chinese model" was raised for discussion. Everyone dreams to have full democracy and high income growth. In reality, no political system can provide such dream for everyone in this highly competitive world. An elitist authoritarian system such as "Chinese model" may give rise to better economic growth but its insidious kleptocracy may lead to simmering social unrest.
Sunday, January 13, 2013
Affirmative action makes you strong
My highest respect to the newly appointed Supreme Judge, Sonia Sotomayor, for her comments in tonight's CBS "60 Minutes". She mentioned that she was admitted to Princeton Uni. when the other two students in her high school with better grades did not due to affirmative action. Because of that, she always needs to be "stubborn" to work much harder than her colleagues to prove that she deserves to be better than any others. This sobering reflection probably reverberates in every non-Caucasian mind in the U.S. societies of every walks of life.
Robots eliminate jobs more than they create
NT$22K/mo too low? Probably not quite. In tonight's CBS "60 Minutes", it was reported that companies can spend US $23K to buy a robot and can "teach" the robot immediately to perform productive assignment. It can last for 3 years, i.e., equivalent to US$3.4/hr which is roughly NT$22K/mo. It is the hard fact, as claimed by experts, that new technology may eliminate jobs more than it creates. This ominous prediction had been claimed before. However, this time may be different and most of the unskilled works worldwide will continue to lose their jobs as times go on in the future.
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