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Work of monitor peter hehehe ....


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When u get stock ...

Article : Business reaction

The article : Taxes of envy don't add up: Darling's squeezing of the rich will drag us back to the 1970s

From the Article : ECONOMY: The growth that simply vanished - and now Labour will drive national debt to more than £1trillion

Re-budget report

George Osborne, the shadow chancellor, has accused the Government of "the greatest failure in public policy for a generation" in its management of the economy.

Anthony Grayling in Bombing Civilians in Wartime

Anthony Grayling argues that bombing civilians in Dresden and other German cities in the Second World War was morally wrong.....

Why is in history, the bombing of allies on German cities such as Dressen, that killed thousands of innocents has been largely forgotten. Or how many students nowadays know that the total people who killed by the bombing in Tokyo is higher than the morality from Nagasaki and Hiroshima?. These immoral bombing is hidden behind the reason that the bombing on civilians was an important part to contributeto the victory. Or at least, the explanation is that no war doesn’t have the sacrifices.

He contributed to his argument by showing evidence that how shameful are RAF and USAAF chose population areas to bomb instead of military facilities and building such as rail ways or camps. He also gave the idea that bombing in civilians areas is not efficient. He mentioned that the total products of the Germans were still increasing even though the amount of bombs drop on their cities raised by years. Bombing not only was a part of strategy of making the Germans became weaker , but also for the reason that the Germans had to be punished by their culture and their aggression.

Especially, he compared the bombing of USAF on Japan with the terrorism event 11th of September. His opinion is that, the terrorist attacked in 11th September is the same aimed with massacre civilians in World War II bombing by terrorising the rest of the survival population. He didn’t refuse that the bombing in WWII was an attack in a declare war, but anyways, both of them don’t alternate in complexion of moral.

About the article...

Long term cures must wait...
In the situation that all the economy in the world is in a serious sick condition, I agree with this statement for the UK economy. When there is a stock to solve a problem, people start to impute the blame to other people, in this case are Mr King, Mr Brown, Alistair Darling...Policies of the government cannot be useful due to the lacking in unifying policies between countries. Looking back to the past, when the Great Recession occur in 1929 in New York, each countries they had their own solution for dealing with this problem. And finally, all of them were falling down together. This is the lesson for this recession nowadays.


Each single action of UK likes keep cutting tax and interest rates seems to be not efficient. By cutting tax and interest rate, it may stimulate the consumer to borrow money to invest, boost the whole economy. But we have to know the situation of the economy now; investing in everything is riskier than keep money in a safe bank, even though the low interest rates. The price of house market is falling down, otherwise price of material for producing is rising, and spending money on investing may be not a good idea. The problem now is to break down the grid-lock situation between banks of countries, which made the economies become stock. All of us now are hoping for a negotiation which will provide corporately efficient solutions of countries together.

Public goods and Private goods

Inflation and Deflation

Producer Surplus & Positive externality

Consumer Spending