The conceptual framework for a man's search for meaning

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Entries Tagged as 'others'

CNY Breeze and 3 Player Mahjong

January 16th, 2014 No Comments

In Malaysia, Chinese New Year is always preceded by fresh and pleasant breeze. We call it the new year breeze. It will come up within a month before Chinese New Year (CNY). The most important activity during CNY is the 3 player mahjong. So today let’s review the game:

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Wealth Consumption Effect

December 8th, 2013 No Comments

We first talked about Quantity Theory of Money some time back (click here for the post) focusing rather on the macro picture. For example how do money printing and manipulation of money supply become government’s propaganda tool. Today we’ll take a look from a micro effect perspective, namely wealth effect and how does it affect us.

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Scroll of Heaven, Scroll Of Earth

November 6th, 2013 No Comments

From the popular anime series Naruto, episode 37 (click here for the link), the second phase of the chunin exam requires the genin* teams to obtain one earth scroll and one heaven scroll upon entering the ‘Forest of Death’. The objective is to reach the building in its centre within five days. Each of the 26 teams will be given […]

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4 Steps to Perfect English

June 30th, 2013 No Comments

I read with amusement articles posted on facebook recently regarding the deteriorating standard of English in this country. I offer a quick guide to those who wish to better themselves in this area. A few areas to take note:

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Of Greed and Fear

May 19th, 2013 No Comments

It is said that the two greatest emotions are greed and fear. It moves anything that has a price action in it. Which is exactly why and how the stock market, the property market, the foreign exchange market or any markets move through a cycle of ‘boom and bust’ (just as how the legendary George Soros coined it)

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Macroeconomics Myths: Quantity Theory of Money & The Multiplier Effect

March 30th, 2013 No Comments

We continue our discussion from the previous post where we talked about money supply, currency devaluation and the new 21st century war called the ‘currency war’. James Rickards, author of Currency Wars described it succinctly  when he said, “Currency wars are akin to tug of war. Nothing much seems to happen on the surface. But as […]

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Quantitative Easing (QE), Cyprus’ Bailout, Russia’s Gazprom, China’s Rare Earth, Japan’s Meiji Restoration…And A Malaysian In The Crossfire. What Do All These Have In Common?

March 23rd, 2013 No Comments

(1) On the World Landscape (a brief outlook on what’s happening around) Quantitative Easing and EU Bailouts Recall from macroeconomics 101 that GDP, which measures a country’s economic output is widely defined as GDP = C + I + G + X, where C = private consumption, I = Investment, G = government spending and X = net export. […]

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The Ellsberg Paradox

January 13th, 2013 No Comments

The Dilemma: Suppose you have 2 urns in front of you, Urn A and Urn B . Both urns contain red marbles and black marbles. Urn A has 50 of each colour, making it to a total of 100 marbles, but Urn B’s mixture is unknown. What we know however is that it also contains 100 […]

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Free: The New Currency

December 27th, 2012 No Comments

About 10 years ago while I was still an undergraduate, I remember taking a course called Knowledge Economy. The lecturer who also co authored the textbook we were using, described how knowledge will be the new capital vs what emerged from [the remnants of] the Industrial Revolution where the factors of production are (a) labour (b) land […]

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The Jevons Effect

December 19th, 2012 No Comments

The latest craze in Malaysia is arguably the Big Bad Wolf sale from 7 – 23 December 2012. It is the biggest book sale in the world with more than 3 million books offered at steep discounts. I was told that the mastermind behind this is the same couple who run BookXcess. I would be very much […]

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