I have always found the concept of being from Philadelphia to be interesting. Because, in actuality, I grew up in the suburbs. I don’t know Philadelphia as well as I probably should, given the fact that I spent virtually my entire existence within the confines of the Schuylkill River. And since I have left the […]Read more "napalm skies"
On a warm morning, my grandmother opens the elevator door to give a warm embrace to her childhood friend, who had visited Beijing for professional reasons. “How long has it been?” she exclaims. “Blink of an eye, and here we are.” She seats herself and her guest on her well-dusted couch from earlier in the […]Read more "blinking through memories"
“Household income is equal to investment plus consumption.” How cute. In terms of generating sustainable economic growth, the optimal allocation of capital and labor in an economy is almost always in investment given enough consumption to sustain population growth. However, it seems almost… wrong. What is the purpose of generating economic growth if we cannot […]Read more "consumption"