Semi-autobiographical book
Wednesday, May 07, 2025
Book review: In War and Famine, Missionaries in China's Honan Province in the 1940s by Erleen J. Christensen
A memoir by a missionary's daughter on her father (a missionary doctor in Henan province) and missionaries in Henan during 1940's Japanese occuputions of Henan. There is a small part that told the work of OSS (a precursor to CIA) in Henan Tantouchen. One of my neighbor's father was in the book as a OSS radio communicator.
Thursday, May 01, 2025
Book Review: Bad samaritans, The myth of free trade and the secret history of capitalism by Ha-joon Chang
Since Reagon and Thatcher TINA (there is no alternative), neo-liberalism aka free-market free-trade economics have been a role model for decades, and the rightousness of neo-liberalism is further fanned by academics like Frances Fukuyama and writer like Thomas Friedman. But silver bullet neo-liberalism doesn't yield results it promised in developing countries adopting it, most of the initiatives World Bank/IMF/WTO implemented in developing countries didn't promote growth and economic prosperity. Instead countries like Japan, Korea and China who adopted policies that counter neo-liberalism actually produce sustainable growth.
This book is a look at globalization and neo-liberalism from the viewpoints of the developing(poor) countries rather that of developed(rich) nations , where infant industries protection are at odds with WTO/World Bank/IMF mandates on free trade and free market. A much naunced look at how China achieve the sustainable growth can be seen with Lin Yifu's https://www.youtube.com/watch?v=9g6noa-Zgbo&t=868s, which is a viewpoint from China.
A debunking of Thomas Friedman's The Lexus and the olive tree
Re-discovering Daniel Defoe's A Plan for English Commerce, a long lost treatise on true reasons UK became world dominant manufacturing power, not by free trade and free market, but by selective protectionism and high tariff
Neo-liberalism = Free trade and free market, Adam Smith
Civil war was a battle between Southern free-trade/low tariff slave owner vs Northern protectionist of infant industry/high tariff industrialist
"Despite being the most protectionist country in the world throughout the 19th century and right up to the 1920s, the US was also the fastest growing economy
Countries cited in the book: Britian, US, Singapore, Korea, Japan, Finland
So Trumpism may get a point on raising tariff.
Problems with SOE: Principal-Agent problem+Free-rider problem+Soft budget constraint
Success stories of SOE: Singapore airline, Korean's POSCO
allocative deadweight loss
Friday, March 28, 2025
Quotes
"First they came for the Socialists, and I did not speak out— Because I was not a Socialist. Then they came for the Trade Unionists, and I did not speak out— Because I was not a Trade Unionist. Then they came for the Jews, and I did not speak out— Because I was not a Jew. Then they came for me—and there was no one left to speak for me." -- Martin Niemöller
Wednesday, October 23, 2024
Book Review: The Great Successor: The Divinely Perfect Destiny of Brilliant Comrade Kim Jong Un by Anna Fifield
极权政治在亚洲依然盛行,其最极端最邪恶的形式存在于朝鲜:家族的集权独裁统治。北朝鲜的存在也决定性的阻碍了中国东北的经济发展,投资不过山海关,钱投在东北就等于把钞票码在2个火坑的边缘:北朝鲜是一个小火坑,俄罗斯是一个大火坑,准备随时被烧掉吧。
Tuesday, October 22, 2024
中国经济现在的问题不过是历史的重复
“90 年代中期之后,困扰中国经济的一个突出问题是所谓的内需不足。这尤
其体现在消费需求的不足上。这个严重困扰延续的时间是如此之长,以至于“提
振内需”变成了各级政府官员常年挂在嘴边的一个政治口号。那么,在国民财富
增长“一支独秀”的同时,中国内部的消费意愿以及消费能力为什么反而会变得
如此低下呢?对这个问题,许多人都从不同的角度给出了自己的解释,但“有消
费能力的缺乏消费意愿,有消费意愿的却缺乏消费能力”恐怕是对这个悖论最有
说服力的解释。显然,这个事实所透露出的信息已经远远不像“内需不足”这个
术语那么中性了。这实际上在暗示,中国社会经过25 年的改革,已经出现严重
的分配失衡。而这种失衡的持续之长及扩展之快都显示,中国的分配模式已经在
相当高的可能性被锁定,一个久别了的词汇——马太效应,正在回到中国人的生
活当中。当然,在中国改革过程中所出现的“马太效应”被注入了典型中国式的
内涵:被权力为分配轴心的模式不是将少数人,而是将大多数人趋入贫困的深渊。”
-- 《中国:奇迹的黄昏》袁剑 著 2008年
Wednesday, January 10, 2024
Heilmeier's Catechism
A set of questions credited to Heilmeier that anyone proposiing a research project or product development effort should be able to answer
- What are you trying to do? Articulate your objectives using absolutely no JARGON
- How is done today? And what are the limits of current practice?
- What is new in your approach and why do you think it will be successful?
- Who cares?
- If you are successful, what difference will it make?
- What are the risks and the payoffs?
- How much will it cost?
- How long will it take?
- What are the midterm and final "exams" to check for success?
Sunday, January 07, 2024
Book Review: The other great game, The opening of Korea and the birth of modern east Asia by Sheila Miyoshi Jager
I was born in Harbin of a Korean Chinese parents. I grew up with an identity confusion, I felt as a North Eastern Chinese, I have hard time relate to all adjectives applied to China in my geography and history classes: long history, diverse ethnicity, and grand vision. Northeastern China is backwater of the China we were introduced in our text books. The north eastern China we grew up with is a flat and fertile land with not much of history and only several ethnics, mainly Han Chinese (a lot of them migrants from inlands in search of food and security) and some Korean like myself and some Japanese descendants left behind after Sino Japanese war, and in the city where I grew up occasional Russian descendants (LaoMaoZi). And we northeasterners are like by-standers, always standing on the sidelines envying all the exciting things happened in the Real China. Chinese living in Manchuria feels like they live on the edge of mainstream Chinese culture. And as a Korean ethnics, I don't feel related to either North Korean or South Korean either. Even food we Korean Chinese prefer are different to what South Koreans like. The staple Korean dish of cold noodle soup, we Korean Chinese like to eat with Wasabi plus chilli and South Korean like to eat with a slice of apple and sweet sour soup. Korean living in Manchuria feel like they live on the edge of mainstream Korean culture.
People live in Manchuria and northeastern China look at the surrounding regions with a slight different perspective and viewpoint than their peers living inside Shanhaiguan.
This book is the first book I read that look at the world from Manchuria and Korean perspective. It framed the Korean Peninsula and Manchuria in the context of geopolitical tension between China, Japan, Russia and to the lesser extent USA. Sino Chinese war, Russia Japanese war and trans Siberia railroad were all covered from the perspective of Korean and Manchuria. It also framed the region in the context of Russian ambitions in gaining a seaport in Pacific, the Japanese dilemma of maritime strategy or continental strategy.
Apple TV series Pachinko also share similar viewpoint, looking at the history from a Korean Japanese minority.
Sunday, September 10, 2023
Book Review: Why Nation Fail, the origin of power, prosperity, and poverty by Daron Acemoglu & James A. Robinson
- Preface Why Egyptians filled Tahrir Square to bring down Hosni Mubarak and what it means for our understanding of the causes of prosperity and poverty
- 1. So close and yet so different, Nogales, Arizona, and Nogales, Sonora, have the same people, culture, and geography. Why is one rich and one poor?
- The economics of the Rio Grande
- The founding of Buenos Aires
- From Cajamarca ...
- .... to Jamestown
- A tale of two constitutions
- Having an idea, starting a firm, and getting a loan
- Path-dependent change
- Making a billion or two
- Toward a theory of world inequality
- 2. Theories that don't work, poor countries are poor not because of their geographies or cultures, or because their leaders do not know which policies will enrich their citizens
- The lay of the land
- The geography hypothesis
- The culture hypothesis
- The ignorance hypothesis
- 3. The making of prosperity and poverty, how prosperity and poverty are determined by the incentives created by institutions, and how politics determines what institutions a nation has
- The economics of the 38th parallel
- Extractive and inclusive economic institutions
- Engines of prosperity
- Extractive and inclusive political institutions
- Why not always choose prosperity?
- The long agony of the Congo
- Growth under extractive political institutions
- 4. Small differences and critical junctures: the weight of history, how institutions change through political conflict and how the past shapes the present
- The world the plague created
- The making of inclusive institutions
- Small difference that matter
- The contigent path of history
- Understanding lay of the land
- 5. "I've seen the future, and it works": Growth under extractive institutions, what Stalin, King Shyaam, the Neolithic Revolution, and the Maya city-states all had in common and how this explains why China's current economic growth cannot last
- I've seen the future
- On the banks of the Kasai
- The long summer
- The unstable extraction
- What goes wrong?
- 6.Difting apart, how institutions evolve over time, often slowly difting apart
- How Venice became a museum
- Roman virtues...
- ... Roman vices
- No one writes from Vindolanda
- Diverging paths
- Consequencess of early growth
- 7.The turning point, how a political revolution in 1688 changed institutions in England and led to the Industrial Revolution
- Trouble with stockings, William Lee's stocking knitting Tmachine
- The glorious revolution
- The industrial revolution
- Why in England
- 8. Not on our turf: barriers to development, why the politically powerful in many nations opposed the industrial revolution
- No printing allowed
- A small difference that mattered, Spain vs England
- Fear of industry, Habsburg empire
- No shipping allowed, Ming and Qing dynasties in China
- The absolutism of Prester John, Ehiopia
- The children of samaale, Somalia
- 9.Reversing developmen, how European colonialism impoverished large parts of the world
- Spice and genocide, Southeast Asia
- The all-to-usual institution, Slave trade and slavery
- Making dual economy. South Africa
- Development reversed
- 10 The diffusion of prosperity, how some parts of the world took different paths to prosperity from that of Britain
- Hornor among thieves, Australia
- Breaking the barriers: The French revolution
- Exporting the revolution, Europe
- Seeking modernity, Japan
- Roots of world inequality
- 11. The virtuous circle, how institutions that encourage prosperity create positive feedback loops that prevent the efforts by elites to undermine them
- The black act ,UK
- The slow march of democracy, UK
- Busting trusts, USA
- Packing the court, FDR in USA
- Positive feedback and virtuous circles
- 12. The vicious circle, How institutions that create poverty generate negative feedback loops and endure
- You can't take the train to Bo anymore Sierra Leone
- From Encomienda to land grab Guatemala
- From slavery to Jim Crow US South
- The iron law of Oligarchy Ethiopia
- Negative feeback and vicious circles
- 13. Why nations fail today, institutions, institutions, institutions
- How to win the lottery in Zimbabwe
- A children's crusade? Siere Leone and sub-Sahara Africa's child soldiers
- Who is the state? Colombia
- El Corralito, Argentina
- The new absolutism, North Korea
- King cotton, Uzbekistan
- Keeping the playing field at an angle, Egypt
- Why nations fail
- 14. Breaking the mold, how a few countries changed their economic trajectory by changing their institution
- Three African Chiefs, Botswana
- The end of the southern extraction, US
- Rebirth in China, China under Deng
- 15. Understanding prosperity and povery, how the world could have been different and how understanding this can explain why most attempts to combat poverty have failed
- Historical Origins
- The irresistible charm of authoritarian growth
- You can't engineer prosperity
- The failure of foreign aid
- Empowerment
Tuesday, August 08, 2023
Chinese economy: It is structural issue, stupid!
Export decline (Geopolitical tension +misstep in diplomacy) and consumption slump(due to China's authoritarian driven and cronysm economy)
=>
GDP growth slowdonw (China needs to maintain 6%+ growth to create jobs)
=>
Youth unemployment rise
Sunday, July 16, 2023
Book Review: The New China Playbook, Beyond Socialism and Capitalism By Keyu Jin
A book from a China raised scholar who is currently living in London. Her viewpoint would be a gentle introduction to westerners deeply ingrained in Western thinking, the way to look at new China from Chinese perspective. [updated 10/21/2024] She thought an extractive political system(One party rule and authoratarian system) such as China has won't hinder China's ecnomic uprising, as long as China maintains an inclusive ecnomic system.
A little light in academic, greatly enlived by interjecting her own upbringing and life experience.
[Updated on 10/21/2024] Newly minted Nobel Economy Prize winner Daron Acemoglu and Simon Johnson in their book Why Nations Fail had predicted an extractive political system will undermine ecnomic development.
Sunday, June 11, 2023
Book review: Crying in H Mart by Michelle Zuner
- Notable quotes from the book
My mother had struggled to understand me just as I struggled to understand her. Thrown as we were on opposite sides of a fault line-generational, cultural, linguistic-we wandered lost without a reference point, each of us unintelligible to the other's expectations.I remembered these things clearly because that was how my mother loved you, not through white lies and constant verbal affirmation, but in subtle observations of what brought you joy, pocketed away to make you feel comforted and cared for without even realizing it. She remembered if you liked your stews with extra broth, if you were sensitive to spice, if you hated tomatoes, if you didn't eat seafood, if you have a large appetite. She remembered which banchan side dish you emptied first so the next time you were over it'd be set with a heaping double portion, served alongside the various other preferences that made you, you.
"Stop crying! Save your tears for when your mother dies。” This was a common proverb in my household. In place of the English idioms my mother never learned, she coined a few of her own. "Mommy is the only one who will tell you the truth, because Mommy is the only one who ever truely love you." Some of the earliest memories I can recall are of my mother instructing me to always "save ten percent of yourself." What she meant was that, no matter how much you thought you loved someone, or thought they loved you, you never gave all of yourself. Save 10 percent, always, so there was something to fall back on. "Even from Daddy, I save," she would add.
....She felt Americans were overly cautions and overly medicated and had instilled this belief in me from a young age, so much so that when Peter got food poisoning from a bad can of tuna and his mother suggested I take him to urgent care, I actually had to stifle a laugh. In my household, there was nothing to do for food poisoning except threw it up. Food poisoning was a rite of passage. You couldn't expect to eat well without taking a few risks, and we suffered the consequences twice a year.
Thursday, January 19, 2023
Book Review: The death of money, The coming collapse of the international monetary system by James Rcikards
- Money illusion : The lag of comprehension of inflation by central bank. It is an opportunity for bankers and smart investors to capture the wealth while general public are left with devalued savings and pensions.
- Question: How does investor achieve this?
- Possible causes for dollar collapse and global financial system collapse outlined in the introduction chapter:
- Financial war
- Inflation
- Deflation
- Chapter 1 Prophesy
- john mulheren
- allen m. poteshman
- signal amplication
- randy tauss
- steve levitt
- dave davos nolan
- red teaming
- chris ray
- lenny raymond
- mike morell
- Chapter 2 The war god's face
- Mirror imaging
- Andy Marshall
- Chapter 3 Ruin of the market
- Adam Smith, The theory of moral sentiments
- Friedrich Hayek, The use of knowledge in society
- Charles Goodheart, Goodheart law
- Wealth effect
- George Akerloft, information asymmetry
- Ben S. Bernanke, Irreversibility, uncertainty and cyclical investment
- Regime uncertainty, by Charles Kindleberger
- Chapter 4 China's new financial warlords
- Chapter 5 The new German Reich
- Downward norminal wage rigidity
- Internal adjustment through lower wages vs external adjustment through cheap currency and inflation
- sticky wage theory by Keynes
- Chapter 6
- Chapter 7
- 3 views on money: Monetarism, Chatalism, Creditism
Book Review: End of the Line: The Rise and Coming Fall of the Global Corporation by Barry C Lynn
The book is a bit old, published in 2006. It was referred to as a must-read for understanding globalization.
And it fits the bill. Considering current de-globalization or globalization without China and Russia, it is as relevant as ever.
Xi Jinping stated that we are in the period of change that only occurs every one hundred years. There is a main driver behind this seismic change: USA. The book illustrated how globalization came into being during Reagan era, it is US driving initiative to throw off Japan from dominating global manufacturing. And China became the winner in this US-driven initiative.
Now US is trying to throw off China by de-globalization, will it succeed again?
Saturday, December 10, 2022
Understanding deglobalization by understanding the history of globalization
- Globalization was started by three people: Reagan, Thatcher and Deng. TINA, There Is No Alternative
- Aim of globalization was to counter Japanese dominance in manufacturing and electronic industry, based on End of line
- Setup of the globalization: US being the strongest country in the world acts as consumer and financer, China being the most populous country acts as main manufacturer and producer
- Losers of globalization: South American countries, Japan
- Deglobalization was started by Trump
- Aim of deglobalization was to counter China's emergence and dominance
Thursday, November 17, 2022
Wednesday, October 19, 2022
Tuesday, October 18, 2022
撐不起的善良
“贫苦时代的人们亲情都比较淡漠,即便是母女,父子,在贫困生活的压力下,也会尽显自私的一面。人要活的善良需要许多许许多多的条件,没有这些条件,善良的天性也会渐渐被埋没。很多人以为自己比那些穷苦的人更善良,其实他们只不过更幸运而已。 ” --- 王志安
"父亲的一些老同事,老战友,老同学,老朋友在历次的运动中,自杀了。父亲是历次运动中的老“运动员”,但靠着自私与冷漠的心理保护,活了下来。"
善良會讓人死,自私和冷漠讓人活, 而這些活下來的幸存者主宰著未來,影響著下一代。
Monday, October 17, 2022
Friday, October 14, 2022
Wednesday, October 12, 2022
Book review: Strangers to our selves: Understanding Minds and the stories that make us by Rachel Aviv
Stories about 6 mentally ill people
- Rachel, author herself, checked into hospital at age of 6 for anorexia
- Ray, a middle aged cocasian man checked in Chesternut Lodge for depression. Fromm-Reichmann described loneliness ass "one of the least satisfactorily conceptualized psychological phenomena, not even mentioned in most psychiatric textbooks" - a state in which the "fact that there were people in one's past life is more or less forgotten, and the possibility that there may be interpersonal relationships in one's future lefe is out of the realm of expectation."
- Bapu
- Naomi :
- Laura
- Hava
Sunday, September 25, 2022
China's global cities will thrive through the real estate downturn
These cities suck the talents and resource from surrounding areas and thrive on other peoples perils.
Thursday, September 22, 2022
Hiking interest rate
Looks like only two typies of countries are not hiking up interest rate right now with the backdrop of US Fed keeps increasing rate at 75 points:
1) Autocratic countries. For example Turkey, where Erdogan has a iron grip on power
2) Export oriented countries with strong dollar reserve. For example Japan and China. They all have very strong dollar reserve and their economies depend heavily on export.
[Update] Japan central bank intervened in Yen exchange rate and seems to do little to lift falling Yen. China central bank, wake up and follow the suite.
Question is: If Fed keeps closing the tap on greenbacks, how long will these countries stay the course and what will happen?
Thursday, September 15, 2022
清單
1) 翻墻VPN (OB)
https://vpncn.github.io/#:~:text=ExpressVPN%E5%92%8CStrongVPN%E4%B8%80%E7%9B%B4%E8%A1%A8%E7%8E%B0,%E5%81%9A%E8%A2%AB%E5%A4%87%E7%94%A8%EF%BC%8C%E9%80%82%E7%94%A8Windows%E3%80%81
2) 淘寶使用 (JC)
3) 短視頻 設備 構思
4) contractors through friends and relatives
5) Systain eyedrops (M,D), 鈣(M,D), 魚油(M,D), 葉黃素(M,D), Vitamax(3, m, z, j), Nutera jam, Movefree, Kirkland Merino Socks, ThermaCare patches
裝修
適老化設計概論 https://www.zhihu.com/question/458991204
適老化設計 Youtube channel https://www.youtube.com/watch?v=oZ2rZbqMpWg&list=PL_dovX984ss3c2UaXzo_YtqAXQkAsSmvt
衛生間 https://www.youtube.com/watch?v=_pFv0Mh2nwQ
厨房 https://www.youtube.com/watch?v=SN6Ohd6i6eI
集成灶
斷橋鋁
Completing tax return
韓國轉機 核酸 https://zhuanlan.zhihu.com/p/579035218
Monday, August 22, 2022
You are what your habits are
We are what we repeatedly do. Excellence, then, is not an act, but a habit.
---------- Aristotle
Whether you think you can or think you can't, you're probably right.
------ Henry Ford
Saturday, June 11, 2022
冯唐:如何避免成为一个油腻的中年猥琐男
十条建议:
- 不要成为一个胖子;
- 不要停止学习;
- 不要呆着不动;
- 不要当众谈性;
- 不要追忆从前;
- 不要教育晚辈;
- 不要给别人添麻烦;
- 不要停止购物;
- 不要脏兮兮;
- 不要鄙视和年龄无关的人类习惯
Monday, May 16, 2022
Book review: Origin story A big history of Everything by David Christian
Big history project
Bought Maps of time: An introduction to big history by the same author
Monday, March 21, 2022
Sunday, March 13, 2022
Book Review: Grandma Gatewood's walk, The inspiring story of the woman who saved the Appalachian Trail by Ben Montgomery
The story of Emma Rewona Gatewood and her epic three through hikes of Appalachian Trail
Monday, July 26, 2021
Book Review: Bureaucracy by Ludvig Von Mises
I heard the audiobook at https://www.youtube.com/watch?v=dgSvKzl7L3Q&t=6565s.
Ludvig Von Mises was scholar rooted in Austrian School of Economics. The book compared the socialism with capitalism, and concluded that bureaucracy in socialism became a dominant economic phenomenon and choke the vitality from the society
Sunday, July 25, 2021
Book Review: To kill a mockinbird by Harper Lee
Some quotes from the book:
Miss Maudie stopped rocking, and her voice hardened. "You are too young to understand it," she said, "but sometimes the bible in the hand of one man is worse than a whisky bottle in the hand of -oh, of your father."
"... There are just some kind of men who-who're so busy worrying about the next world they've never learned to live in this one, and you can look down the street and see the results."
".. The things that happen to people we never really know. What happens in houses behind closed doors, what secrets -- "
Didi global: Will communist party let it go under?
The key question is who will benefit from Didi's death?
CCP? The death of a Chinese public company listed in western exchange at the hands of CCP will send a shudder to all the companies (domestic and foreign) around the world and greatly diminish the likelihood of any future capital raising and listing from world market. CCP will not benefit from Didi's death, as a matter of fact, it will lose big if it ever happens. CCP wants to regulate the big tech companies so that there will be a healthy competition in Chinese market and there will be more companies able to raise capital and thrive in open market. Many analysts compare Didi to Luckin, but it seems to me CCP regulating Didi just to avoid another Luckin incident. Luckin and Didi are not comparables, rather they are cause and consequence. Because of Luckin there comes Didi.
And so far CCP has been logical throughout its ruling in China, and I highly doubt CCP will kill Didi.
I would think CCP may actually go out of its way to help Didi succeed once Didi finds a way to satisfy CCP's cyber security review and prove its compliance.
Friday, July 16, 2021
Movie Review: Twelve Angry Men
The movie is adapted from a play of the same name written by Reginald Rose, directed by Sidney Lumet, starred Henry Fonda.
Two words I came out after watching the movie is reasonable doubt. At the beginning of the play, 12 jurors polled at 11 guilty to 1 not guilty, and as the play progressed, juror 8 (the sole dissenter) played by Henry Fonda threw questions on the facts that seemed non-refutable, and as the other jurors who want to get done with verdict and get out of hot room argued with him, we as audience started to have doubts on those facts, just the same as the other 11 jurors.
The movie showed American judicial system and how the system encouraged reasonable doubt through jurors.
Monday, July 12, 2021
Book Review: Empire of Cotton, A global history by Sven Beckert
" This book is the story of the rise and fall of the European-dominated empire of cotton. But because of the centrality of cotton, its story is also the story of the making and remaking of global capitalism and with it of the modern world".
On European-dominated empire of cotton, "Why was it that the part of the world that had the least to do with cotton-Europe-created and came to dominate the empire of cotton" and "why, after many millennia of slow economic growth, a few strands of humanity in the late 18th century suddenly got much richer" ? "Scholars now refer to these few decades as the 'great divergence'"?
"A focus on cotton and its very concrete and often brutal development casts doubt" on traditional explanations on Europe's explosive economic development : "more rational religious beliefs, their Enlightenment traditions, the climate in which they live, the continent's geography, or benign institutions such as the Bank of England or the rule of laws". "The first industrial nation, Great Britain, was hardly a liberal, lean state with dependable but impartial institutions as it is often portrayed. Instead it was an imperial nation characterized by enormous military expenditures, a nearly constant state of war, a powerful and interventionist bureaucracy, high taxes, skyrocketing government debt, and protectionist tariffs- and it was certainly not democratic." What really drove Europe's dominance is "Europeans united power of capital and the power of state to forge, often violently, a global production complex, and then used the capital, skills, networks, and institutions of cotton to embark upon the upswing in technology and wealth that defines the modern world". The time between 16th century and late 18th century is the phase of capitalism what author termed "war capitalism", not in the factory but in the fields, not mechanized but land- and labor-intensive, "resting on the violent expropriation of land and labor in Africa and the Americas. From these expropriations came great wealth and new knowledge, and these in turn strengthened European institutions and states - all crucial preconditions for Europe's extraordinary economic development by the 19th century and beyond".
Book Review: Lights Out: Pride, Delusion, and the Fall of General Electric by James Edward Thomas, Thomas Gryta, et al.
The book was recommended by Bill Gates and I listened it on Audible.
It explored the downfall of General Electric under CEO Jeff Immelt. The fall of GE is set in stone by former CEO Jack Welch, who turned GE into a conglomerate of diverse components, ranging from industrial manufacturing(GE Aviation, GE Power and GE appliances) to media (NBC) and even finance (GE Capital). Jack Welch leveraged GE Capital (a bank in reality but valued as a industrial company which gave it a higher P/E) to smooth out the revenue and earning and created an illusion of superior management and innovation, satisfying Wall Street and hiking up the GE share price, enriching himself along the way. In truth, Jack Welch is more a shrewd Ponzi schemer and financial engineer than an entrepreneur. To a large extent, Jack Welch is a Bernie Madoff with a better timing.
It is a sobering read on how crooks like Jack Welch and Jeff Immelt can fool the world and make General Electric an American icon.
Thursday, July 08, 2021
Book Review: Slaughterhouse Five by Kurt Vonnegut
The books is a youtube audiobook .
I didn't finish it, just couldn't relate to it and had a hard time to follow it.
Rate 1 out of 5. Maybe later retry
Friday, July 02, 2021
Book Review: Hidden Valley Road, Inside the mind of an American Family by Robert Kolker
5 stars and page turner. Compassionate writing and well researched on schizophrenia.
Monday, June 28, 2021
Book Review: Wealth, Poverty and Politics An International Perspective by Thomas Sowell
This is an audio book from Audible that was published on YoutTube.
It provides counter points to Thomas Picketty's Capital in twenty first century, Niel Fuguson's Why nations fail
The main points are straightforward and of conservative roots, and the strength lies in the wide range of cases author cited (example, in culture influence on country's wealth the author cited Scotland economic rising in 18th century, Japanese in 19th century and Chinese in 20th century).
I like to-the-point style author employs.
Highly recommend.
Sunday, June 27, 2021
Book Review: The Soceity of Genes by Itai Yanai and Martin Lercher
The authors of the book were computer scientist and physicist when they read Richard Dawkins's 1976 classic The Selfish Gene twenty years ago, and the book changed their lives and they chose to pursue evolutionary biology as their career. And the book was the authors attempt to look at the evolution from a system perspective, and the authors delivered. The book is not an easy read even after the authors masterfully used cross discipline analogy to get abstract and advanced genomics concepts to general audience level.
I am sure a lot of concepts and insights in the book already started to make sense after going through current pandemic, and will continue prove themselves as genomics and genome based medicine become more mainstream and prevalent.
Wednesday, June 16, 2021
Book Review: Talking to Strangers by Malcolm Gladwell (audio book)
Malcolm Gladwell is a skillful storyteller. In Talking to Strangers, he threaded human psychology understanding such as
- Truth by default theory: We human tend to take the best view of strangers by default
- Transparency theory: We human tend to take stranger at face value, if people act nice we tend to think them nice people, and if they act oddly we tend to think them odd and bad.
- Alcohol impacts human judgement
- Coupling: Bad things and bad place and bad time tend to couple together
- Nazi German in World war II and misjudging of Hitler by Chamblain
- Bernie Madoff
- Jerry Sandusky and Penn State story
- CIA and DIA mistakes in Cuba espionage
- Stanford University's sexual assault case
- Sandra Bland story
Tuesday, May 25, 2021
Book Review: Operation Nemesis by Eric Bogosian
荆轲刺秦的西方版。不同的是西版荆轲Soghomon Tehlirian刺杀成功。不变的是每个刺客背后的大国博弈。荆轲身后是燕太子丹和战国四公子,公子们身后是六国抗秦,Soghomon Tehlirian背后是Armenian Revolution Federation(ARF),ARF 身后是英法美(Under Harding's administration), Kemal Ataturk利益共同渔翁得利。Operation Nemesis助力General Kemal 统一Turkey,助力英美控制中东石油资源,欧洲和阿拉伯才是今天的模样。历史也许改写如果荆轲成功,中国也许是另外的模样。
Biden administration主打新能源,石油利益退居二线,Turkey重要性消失,认可Armenian Genocide是顺其自然,Turkey不再是欧美棋局的一部分了,以色列攻击Hamas是为了恢复Status Quo? 也许欧洲和中亚甚至中东地缘政治又要重写。历史是强权的游戏,小民的宿命。
Sunday, May 09, 2021
离亭宴带歇指煞
俺曾见金陵玉殿莺啼晓,秦淮水榭花开早,谁知道容易冰消!眼看他起朱楼,眼看他宴宾客,眼看他楼塌了!这青苔碧瓦堆,俺曾睡风流觉,将五十年兴亡看饱。
那乌衣巷不姓王,莫愁湖鬼夜哭,凤凰台栖枭鸟。
残山梦最真,旧境丢难掉,不信这舆图换稿!诌一套《哀江南》,放悲声唱到老。
Sunday, April 04, 2021
Harbin: A video tributes span 4 seasons
Which sense best illustrate Harbin? Vision. The black soil, white snow, gray and green Songhua river, the brown railroad tracks.
Wednesday, January 20, 2021
Blackberry, Microsoft and EV arms race
1) Microsoft and GM Cruise partnership seems to be a response to Blackberry and Amazon Web Services partnership, and EVs arms race seems to heat up as tech giants joining in. What is the next ?
2) BB valuation would increase, but to what level? Can BB be acquisition target? And if it is, what would be the price tag?
Tuesday, September 29, 2020
What a gigantic change not seen in a century means
1) Transition from export-driven economy to consumption-driven economy
- Impact on USA and rest of the world
- Japan, Taiwan and Singapore: How to go through transformation, learn from history
- Investment opportunities: real estate, stocks, bonds, commodity
- Key factor in consumption economy is people, high earning and high contributing young people, whoever in large China can attract more people in this category will have a better time to transit to new model, and that is why Shanghai is relaxing its Hukou poliy
Sunday, August 16, 2020
Book Review: What you are getting wrong about Appalachia by Elizabeth Catte
The book is a anti-thesis against Hillbillie Elegy by J.D.Vance. It offers a nuanced look at Appalachia, its racial composition, its history of poverty and uneven distribution of wealth within the region, the outside corporations exploitation of the region.
Thursday, July 09, 2020
Reflection On Stock Investments Across Two Markets
Quick mid-term checks on recent stock investments in US and Chinese markets
1) Have a clear idea on your investment time horizon
2) Undertand market pecularity
For US market- Market driven price movement
- Focus on growth
- Mid to long term thinking dominate
- Most of the time, asset is the king, you don't want to miss the boat
- Recently seems to dominate by fed money policy and deviate from market driven theme
- Government policy driven
- Focus on government policy and central bank monetary policy
- Short term thinking still dominate, but began to mature to mid term thinking
- Cash is king, once in red, always profit taking to keep some powder ready, when policy changes you have cash to jump in
- With new regulation, trying to transition to market driven, but result is still to be seen
Monday, September 30, 2019
Book Review: The New Paradigm for Financial Market by George Soros
But his relexivity model can only explain the past but not able to predict what comes next.
This book came to my attention due to Nicholas Taleb's Fooled by Randomness: The hidden role of chance in life and in the markets
Friday, September 20, 2019
Book Review: The Hero with A Thousand Faces by Joseph Campbell
Similarly, all the books by Ann Rand don't click on me too.
Hopefully I will be able to come back later and be able to appreciate the value hidden in the pages
Tuesday, September 17, 2019
Book Review: The Grown-up's Guide to Teenage Humans by Josh Shipp
- Every kid is one caring adult away from being a success story.
- When it comes to your teen, you can have control or you can have growth. But you can't have both.
- Connection before correction. Dr. Jane Nelson
Wednesday, September 11, 2019
Nuggets of wisdom
- Too many among us die at thirty and are buried at eighty
- Living the same week a few thousand times and calling it a life
Monday, August 26, 2019
Book Review: Brain on Fire by Susannah Cahalan
Susannah is lucky to have two parents who don't give up on her and keep pushing for answer and seeking medical treatment for their daughter.
Saturday, August 24, 2019
Book Review: The lessons of History by Will Durant and Ariel Durant
Friday, August 23, 2019
Book Review: How to Change Your Mind What the New Science of Psychedelics Teaches Us About Consciousness, Dying, Addiction, Depression, and Transcendence by Michael Pollan
- psychedelic
- psyilocybin
- Being rather than doing
- LSD
- 5-MeO-DMT
- Default Mode Network (DMN)
- Burning Man
- Mushroom
- Mediatation
- Left brain vs Right brain
- Ayahausca
Sunday, August 18, 2019
Book Review: My Stroke of Insight, A Brain Scientist's Personal Journey by Jill Bolte Taylor
Two main takeaways from the book:
1) Brain anatomy and physiology of strokes: Ischemic and hemorrhagiv
2) The insight into analytical side (left hemisphere) and right now right here mentality (right hemisphere) and how to tap right hemisphere to gain inner peace.
The book was recommended by Ray Dalio and he is proponent for mediatation and this book although not specifically promote mediatation, it sure sounds like a endorsement for daily mediatation.
Saturday, August 17, 2019
Book Review: River out of Eden A Darwinian View of Life by Richard Dawkins
Still a little abstract for me to fully understand, and hope reading the author's other better known Selfish Gene will help
Thursday, August 15, 2019
Book Review: Don't Call Me Crazy edited by Kelly Jensen and Same Time Next Week edited by Lee Gutkind
Sunday, August 11, 2019
Book Review: Mind Fixers, Psychiatry's troubled search for the biology of mental illness by Anne Harrington
The root cause for the stalling of psychiatry today is the lack of breakthrough in understanding in biomedical terms of mental illness.
Saturday, August 10, 2019
Book Review: Treasury's War, The Unleashing of a New Era of Financial Warfare by Juan Zarate
- A better title for the book may be "How to bully other countries by leveraging dollar as international trade currency and New York as financial center"
- The book did provide some useful insights on financial weapons(main one is Provision 311 of US Patriot Act) US can leverage in a conflict with another country, but these information doesn't warrant 500+ pages book, a 2000 words piece will suffice
- All the weaponry author touts were derived from US dominant position in international trade (largest financial markets, New York as world financial center, dollar as currency of international trade), but overused these tools will greatly diminish US credibility and destroy US dominant position. Case in point: forcing SWIFT data already led to mistrust of US and attempt from Europe (INSTEX) and Asia countries (Russia has an inititiative supported by China, India, Iran and Turkey) in creating alternative to SWIFT system
Sunday, June 23, 2019
Book Review: Darkness Visible, A Memoir of Madness by William Styron
Book Review: The center cannot hold : my journey through madness by Elyn R. Saks.
First hand, insightful and honest. Especially her truthful depiction of hallucination and affected thought process
Book Review: A kind of mirraculas paradise : a true story about schizophrenia by Sandra Allen.
A good semi first hand description of a schizophrenic mind and how he viewed the world and people in a distorted mindset. And the writing was very good, showing a deep empathy and captured author's belief and understanding of her uncle
Book Review: Resilience : two sisters and a story of mental illness / Jessie Close with Pete Earley
Book Review: Mental : lithium, love, and losing my mind by Jaime Lowe
A very engaging first hand depiction of her thought process and mental state.
One interesting anecdote is when Jaime switched to Depatoke, she noticed that she had lesser side effect when taking Depatoke ER(Extended Release) than Depatoke DR(Delayed Release), which her pharmacist failed to distinguish and don't know the difference
Book Review: The Kevin Show: An Olympic Athlete’s Battle with Mental Illness by Mary Pilon
It offers perspective from his parents, sister and his wife, which may not be possible if written first hand by Kevin himself. On the other hand, it may not provide full account of thought process and mental state of Kevin during his episodes.
Sunday, March 10, 2019
Book Review: Class Action, The story of Lois Jenson and The Landmark Case That Changed Sexual Harassment Law By Clara Bingham and Laura Leedy Gansler
- Even if you are in the union, the union may not your best friend and the leadership of the local union pretty much determine the level of protection (or in this case the level of hurt) you can get from them
- The lawsuit can take a serious toll on your health and family and even taking into account of award money
- The lawsuit can take forever to win and most likely to settle
Wednesday, January 09, 2019
黑莓(Blackberry)收购Cylance
Wednesday, April 04, 2018
程守宗(John Chen) 治下的黑莓(Blackberry) 能起死回生吗?
摆脱了生存危机,下一步是求发展。公司所处行业,强敌林立,靠并购,以黑莓现有的财力和现在的市场溢价,想买成独角兽不易。黑莓通过专利侵权诉讼来寻求联盟和创收,面子难看,实效从Qualcomm,Cisco 和Avaya的交易看,不错。程守宗也在寻求核算的并购,但他很谨慎,因为即便没有并购,手上的现金也会让黑莓未来可能的被并购时卖上一个好价钱,这应该是黑莓决策层的最坏打算(Plan B)。
所以我认为黑莓已经起死回生,现在的考验是如何快速发展。感觉黑莓的自主研发实力一般,Radar推出一年多,市场反响平平,Jarvis也难成高速发展的发动机。并购似乎是唯一的高速增长+延揽人才的办法。公司所处Waterloo 是加拿大的硅谷,程守宗人在硅谷,我想贾以时日,他会再给我们惊喜的。
Thursday, March 22, 2018
The World Made New: Why The Age of Exploration Happened & How It Changed the World by Marc Aronson & John W.Glenn
It is a great picture book written by two scholars, one of them even holds a Ph.D degree. And I would admit this is a first picture book I read that is written by a Ph.D. And it shows the depth without sacrificing artistic and entertaining values.
The book answered the questions raised in the title, by using maps annotated with time and events of many explorers and conquestados exploration of the New World, including Columbus, Cortes, Pizarro and Cartier. And authors threw in abundunt pictures of historical artifacts that greatly increased the draw of story telling.
Best suited for 4th grades and up audience.
Highly recommended.
Saturday, June 24, 2017
Raising Resilient Children and Teens from Tough Love
- Does my child need a little extra support right now so she will be more confident moving forward?
- Do I so relish the feeling of being needed that I may be choosing to jump in because it makes me feel good myself or because I believe my child's appreciation will draw him closer to me?
- Is this an issue of safety or morality? If the answer is yes, act immediately and firmly
- Unconditional love is the bedrock of resilience because it creates security;
- Children live up or down to adult expectations, for better or worse;
- And children watch what we do more than they listen to what we say.
Friday, June 09, 2017
Books I Recently Read
- Will College Pay Off ? A guide to the most important financial decision you'll ever make by Peter Cappelli, how to maximize Ivy League education
- The second machine age; work, progress, and prosperity in a time of brilliant technologies by Eric Brynjolfsson and Andrew McAffey, how to survive AI revolution
- Why good people can't get jobs by Peter Cappelli
- 30 million words by Susan Suskind
- 与韩国人打交道, 洪少辉著
Words of wisdom
- Self-organizing learning environments (SOLEs)
- Self-directed learning
- Hands-on engagement with wide variety of materials (including plants and animals)
- Largely unstructured school day
- "杀死一个人是悲剧,杀死一万个人是统计数字." -- 斯大林
- "Judge a man by his questions, not by his answers." -- Voltaire
- "Work saves a man from three great evils: boredom, vice and need." -- Voltaire
- "Seek to be an indispensable complement to something that's getting cheap and plentiful". -- Hal Varian
- "Airplanes don't flap their wings." -- Frederick Jelinek
- "低端文人研究道德,高端文人研究美感。" -- 万维钢
- "It is comparatively easy to make computers exhibit ault-level performance on intelligence tests or playing checkers, and difficult or impossible to give them the skills of a one-year-old when it comes to perception and mobility." -- Hans Moravec
- “每一个数学公式都能让这本书的销量减少一半” -- Stephen Hawkings
- "朕非亡国之君,臣皆亡国之臣" -- 崇祯
- Achievements doesn't necessarily lead to happiness, but the happiness can cultivate achievement. --- except from The happiest Kids in the Worlds, How Dutch Parents Help Their Kids by Doing Less
- 要判断一个人的一生成就,只要认真观察他自身是否拥有较高的学习意愿、较强的反省能力、较大的包容态度、较深厚的专业知识,以及持久的阅读习惯。 -- 高希均
Saturday, February 21, 2015
Tuesday, February 17, 2015
Book Review: Influence, the psychology of persuation by Robert B. Cialdini, ISBN 9780061241895
- 6 principles that direct human behavior:
- Consistency
- Reciprocation
- Social proof
- Authority
- Liking
- Scarcity
Book Review: Beyond the university, why liberal education matters by Michael S. Roth, ISBN 9780300175516
Book Review: A troublesome inheritance, genes, race and human history by Nicholas Wade, ISBN 9781594204463
- Francis Fukuyama
- Reverend Thomas Malthus
- Gregory Clark
Saturday, February 14, 2015
Book Review: Clouds of glory, the life and legend of Robert E.Lee By Michael Korda, ISBN 9780062116291
Book Review: The scorpion's sting, Antislavery and the coming of the civil war by James Oakes ISBN 9780393239935
Saturday, January 24, 2015
Book Review: Start-up Nation, The story of Israel's Economic Miracle by Den Senor and Saul Singer ISBN 9780446541466
- Geopolitical: Surrounded by Arab adversity
- Racial character: Jews individualistic and risk-taking culture
- Mandatory military drafting policy as a start-up incubator and entrepreneurial training ground
- Pro start-up investment environment
- Pro-immigration leads to inflow of new ideas and fostering bootstrapping mentality
- Expat community that support motherland's start-ups
Book Review: Thread of the silkworm 中国飞弹之父钱学森之谜 by Iris Chang 张定绮,许耀云译, ISBN 0465087167
Wednesday, December 31, 2014
Book review: Civilization, The west and the rest by Niall Ferguson ISBN 9781594203053
- Competition: a decentralization of political life, which created the launch-pad for both nation-states and capitalism
- Science
- Property rights
- Medicine
- The consumer society
- The work ethic
Monday, December 15, 2014
Book Review: The Emperor Far Away, Travels At the Edge of China by David Eimer ISBN 9781620403631
- Part 1: Xinjiang- The new frontier
- Part 2: Tibet - The wild west
- Part 3: Yunnan - Trouble in paradise
- Part 4: Dongbei - Pushing the boundaries
Book Review: "Lives of" series by Kathleen Krull
- Lives of the athletes : thrills, spills (and what the neighbors thought)
- Lives of the writers : comedies, tragedies (and what the neighbors thought)
- They saw the future : oracles, psychics, scientists, great thinkers, and pretty good guessers
- Lives of the musicians : good times, bad times (and what the neighbors thought)
- Lives of extraordinary women : rulers, rebels (and what the neighbors thought)
- Lives of the presidents : fame, shame (and what the neighbors thought)
- Lives of the scientists : experiments, explosions (and what the neighbors thought)
- The book of rock stars : 24 musical icons that shine through history
- Lives of the artists : masterpieces, messes (and what the neighbors thought)
Sunday, December 14, 2014
Book Review: Rouge Elephant, Harnessing the power of India's unruly democracy By Simon Denyer ISBN 9781620406083
Wednesday, December 03, 2014
Book Review: Dear Leader: Poet, Spy, Escapee- A look Inside North Korea by Jang Jin-sung ISBN9781476766553
Rating: 5 out of 5
Best for: History buff and North Korean Related book: Nothing to envyMonday, December 01, 2014
Wednesday, November 26, 2014
Tuesday, November 25, 2014
Book Review: The Nile, a journey downriver through Egypt's past & present by Toby Wilkinson ISBN 9780385351553
Monday, November 24, 2014
Book Review: To a Mountain in Tibet by Colin Thubron ISBN 9780061768262
Book Review: The Diet Fix, Why Diets Fail and How to Make Yours Work by Yoni Freedhoff ISBN 9780804137577
Wednesday, November 12, 2014
Book Review: How to read a book, a classic guide to intelligent reading by Mortimer J. Adler & Charles Van Doren ISBN 067121280X
- Why activity is essence of good reading, the more active reading is, the better is
- What is active reading: asking questions
- What questions must be asked of any book, and how those questions must be answered in different ways for different kind of books
- Four levels of reading, and how these are cumulative, earlier or lower levels being contained in later or higher ones
Book Review: Positioning: How to be seen and heard in the overcrowded marketplace By Al Ries and Jack Trout ISBN 0071373586
- This is the classic mistake made by the leader. The illusion that the power of the product is derived from the power of the organization. It is just the reverse. The power of the organization is derived from the power of the product, the position that the product owns in the prospect's mind.from Chapter 6
- .. words don't contain meanings. The meanings are not in the words. They are in the people using the words. from Chapter 25
- The big winners in business and in life are those people who have found open positions near the center of the spectrum. Not at the edge. from Chapter 25
- To repeat, the first rule of positioning is: To win the battle for the mind, you can't compete head-on against a company that has a strong, established position. You can go around, under or over, but never head to head. from Chapter 25, remind you of Steve Job's early days in his return to Apple, not to compete against Microsoft, and John Chen's current Blackberry days, not to compete with Apple in consumer market, but rather focusing on enterprise market.
- In our overcommunicated society, the name of the game today is positioning.
Monday, November 10, 2014
Books about Berlin to memorize 25th anniversary of fall of the Berlin wall
- Berlin Portrait of a city through the centuries by Rory MacLean
- Berlin Now The city after the wall by Peter Schneider
- The collapse The accidental opening of the Berlin wall by Mary Elise Sarotte
Saturday, November 08, 2014
Book Review: Amy for short by Laura Joffe Numeroff (ISBN 0027681807)
- If You Give a Pig a Pancake
- If You Give a Moose a Muffin
- If You Give a Dog a Donut
- If You Give a Mouse a Cookie
- If You Take a Mouse to the Movies
- If You Give a Cat a Cupcake
- If You Give a Pig a Party
- If You Take a Mouse to School
Thursday, November 06, 2014
Book Review: Age of Ambition, Chasing Fortune, Truth and Faith In the New China by Evan Osnos (ISBN 9780374280741)
Wednesday, October 08, 2014
For people who don't know what their passion are
Don't stop, keep moving along the trail
Take in the scene and be thankful
Rest assured you show up and your destiny will reveal
Thursday, September 25, 2014
Prep for Tibet trip
- Physical prep
- Lose weight to what level? Oxydized training or non-oxydized training?
- What to exercise for high altitude ?
- Dry run in North America, which mountains to climb?
- Financial
- How much $$ for how long? $$/day?
- Vacation planning
- How many vacation days needed? CF allowed carry over?
- What to look?
- How to get there?
- Partners
- How many?
- How many from China? How many from US?
