When a country confronted an adverse balance of payments with the world (more imports and bond purchases than exports and bond sales), it faced, White said, a choice ‘between two evils’: a fall in the exchange rate or a fall in the domestic price level. Both were disruptive. Both were undesirable. But a choice had to be made.

-Benn Steil The Battle of Bretton Woods



But the truth is, the world has always been and always will be on the brink of destruction. And what keeps it from actually imploding is our love for life and our deep- seeded desire not to die. Our love for our own life is inextricably connected to our love of all life and the miracle of this phenomenon we call “the world.”

— Andrew W.K.

[One NYC Councilman said] So much goes wrong in so many ways, in so many lives, I don’t have a heart big enough for it all.

There’s only one place where there’s an aggregate of human suffering, and that’s in the heart of God. And you know what God does? he takes that and breaks that into manageable sized portions and distributes some of it to you, some of it to me. And I ask you today, have you asked God what is that portion that he wants you to carry?

You cannot bear the weight of a whole nation. But you can … bear the weight of some portion of it. Please do your part.

–Ravi Zacharias




The rainy Friday afternoon shake-up added to the sense of instability in Mr. Trump’s White House. In six months in office, he has fired a national security adviser, an F.B.I. director and a holdover acting attorney general, while his White House press secretary, communications director, deputy chief of staff, deputy national security adviser and legal team spokesman have all left.

-Peter Baker and Maggie Haberman ‘Reince Priebus Is Ousted Amid Stormy Days for White House‘ The New York Times


Manager Wang had not come to ask the Ni family to attend this year’s pilgrimage; no man of culture would come at the start of the Lunar New Year on such a crude mission. Instead, he was  paying a courtesy visit. A cynic might view this as the same thing, but this would be too narrow.

Personal contact is how life is organized in China, whether running a pilgrimage, business or political party. All of these have rules, regulations, or bylaws, but what really holds them together is a web of relationships that rarely fits on a flowchart. It includes who is related to whom and who has done whom a favor, when, and under what circumstances. It isa bout who has the personal charisma and prestige and who has donated the most money, but also it is about who is sincere in carrying out obligations — something even the poorest person can do.

— Ian Johnson The Souls of China



——来自Rick Wang 


Frustrated young people are starting to speak out. The activists of a group called Hidden Bag run a small yearly campaign to ‘reject university entrance,’ trying to persuade people to boycott the whole process.

At a recent film festival in Seoul, Hidden Bag provided ‘healing kits’ for young people wishing to challenge ‘never-ending competition’ and ‘education-based limits.’

-‘Degrees of disenchantment’ The Economist