解密民间借贷融资成本 温州样本：利率12%左右
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http://www.hxonl.com 2006-9-2 8:26:19 中国证券报
在一系列宏观紧缩政策接连出台的大背景下，近期民间借贷异常活跃。它们甚至借助信托、典当、私募基金、贷款中介等各种眼花缭乱的金融形式，成为银行收紧短期贷款之后的新融资渠道。 (more…)
近代中国“官利制”的研究：委托代理理论的解释
胡明
(东北财经大学研究生部 辽宁 大连116023)
摘要： 中国近代股份公司普遍存在“官利制”现象，本文以代理人风险规避常数、委托人监督难度系数和“官利”为变量引入委托代理模型，将“官利”作为一种可观察变 量，详细分析“官利制”作为一种信号传递机制，有效地降低了股东的总代理成本，但却降低对经营者的激励程度，是股东和经营者之间一种利益需求格局的均衡，是结合当时我国国情对现代股份制中股息制度做出的一种制度创新。
Ang Lee’s latest movie, Lust, Caution, exhibits considerable lust and much less caution. One leaves the cinema with mixed emotions and the feeling that this was a movie that was almost great; it comes so close that I feel that I ought to love it, I want to love it, but I merely feel that I ought to want to love it. Ang Lee delivers several poignant moments in this story of tortured love and espionage set in Hong Kong and Japanese-occupied Shanghai during the 1940s, but the movie would have been more potent if its scenes had been crystallized into a shorter version, instead of its prolonged 158 minutes. (more…)
To my students in Beijing, Fall 2007:
While grading papers today I encountered two more cases of plagiarism.
One was sophisticated but serious. The other was so blatant that it
was almost unbelievable. That makes a total of three students who
have failed my courses because of plagiarism.
(more…)
张守东
我是基督徒，我知道自己活着是为了侍奉上帝，所以我不能在上帝带走我之前选择自杀。我也反对任何的自杀。余虹先生的死，我也不赞成，但我对他的死表示理解和敬意，因为，至少，对于一个不信上帝的人，他知道自己不能仅仅为了活着而活着，尽管他本来可以为了上帝而活着。
“好死不如赖活着”这种市侩哲学，已经随着千年专制政治，进入我们文化的血液。于是，“苟活”本身就成了活着的理由。他使人们可以忍受不道德的生活，甚至乐在其中。这种市侩哲学，在专制暴政之下，甚至也已经在一些基督徒中蔓延开来。上帝，只是这些人在苟活中谋求“成功”的工具。但今天，一个没有相信上帝的人向所有信和不信的人提出了一个尖锐的问题：活着究竟为什么？ (more…)
Tiger tracked to this 2002 poster. CREDIT: WWW.YWXINLONG.COM
Suspicions about purported photographs of a presumed-extinct South China tiger (Science, 9 November, p. 893) were confirmed last month when a netizen found the apparent source of the image: a 2002 Chinese lunar New Year poster. But China’s obsession with the issue has continued. The China Photographers Association convened a team including biologists and forensic scientists who met in Beijing for 5 days pondering 40 digital photos of the beast. On 2 December, they noted, among other things, that the tiger was in exactly the same position in all the photos and that its eyes did not reflect the camera’s flash. Both the photographer and the State Forestry Administration (SFA), however, continue to maintain that a tiger exists in the mountains of Zhengping County. At a 4 December press conference, an SFA spokesperson reiterated that the agency plans to look for it. After the first snowfall, 10 large-carnivore experts will comb a 200,000-hectare forested region for signs of tigers, leopards, and bears. As for the photos, an SFA official offered this logic: “There are a lot of photographs of the Loch Ness monster [in Scotland]. … People care about the existence of the monster rather than the authenticity of the photos.”
www.sciencemag.org/content/vol318/issue5857/r-samples.dtl
Volume 318, Number 5857, Issue of 14 December 2007
Dec 13th 2007 | BRUSSELS
From The Economist print edition
IT DID not take long for the “Macavity” jibes to start, once word spread that an unconvincing diary clash would prevent Gordon Brown, Britain’s prime minister, from attending a ceremony in Lisbon to sign the European Union’s controversial reform treaty. When it subsequently emerged that Mr Brown would fly to Lisbon on Thursday December 13th anyway, to sign the treaty discreetly after the main ceremony had finished, the jokes gave way to head-shaking disbelief in several capitals.
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(To read more, please click the title. )
(For a previous comment, please see Truth to Be Told: Flat Cat Controversy in China Ends)
Ever since Chinese netizens discovered the original paper tiger, which they called Nianhua Laohu, truth has been revealed. The only thing left is for the national and provincial government agencies to admit it. However, both are still nagging around and trying to avoid such admission, or losing face. Futile, I have to say.
The Shaanxi provincial government agency argued that even though one photo was made from the Nianhua Laohu, others were not. Netizens celebrated for it–they finally force the government to admit that at least one photo was fake–half-truth was told. For the other half, they soon made a thorough examination of the rest 40 digital photos, and concluded with strong evidence that they were fake, too.
The national government agency assimilated the situation with that of the Loch Ness Monster. “We should focus on whether tiger exists there or not,” said the official, “NOT the photos. Look, nobody cares for Loch Ness Monster photos. People are more interested in the existence of the Ness Monster. You should stop discussing the photos.” Immediately netizens started to joke about the assimilation. What do the South China tiger and the Loch Ness Monster have in common? Neither one exists. What is the difference between the two? Loch Ness Monster does not have a governmental representative.
The two agencies efforts’ to save face failed miserably. To add salt to the wound, the media went further to embarrass them. Newspapers encouraged waves of pressure onto them. A CCTV program then dropped the final bomb. It exposed all loop wholes found in the story to its 1.4 billion audiences. These newspaper reports and TV exposure are only possible–one has to keep in mind–with the propaganda department’s permission, which leaves people wonder what the agenda behind is.
Flat cat continues to live–although you may now start counting down its days. Face has been lost, despite all the efforts of the two agencies. Now whose face? The propaganda department expect that only the two agencies, and that’s why it has not oppress any speech against the paper tiger–but it may have been too optimistic.
By Doug Palmer
WASHINGTON, Dec 10 (Reuters) – A California free speech group whose board of directors includes Google and Yahoo said on Monday it had asked U.S. trade officials to challenge China’s Internet restrictions as a violation of global trade rules.
The issue threatens to further strain U.S.-China trade relations if the U.S. Trade Representative’s office decides to take on the case. With China already the world’s second-largest Internet market with over 162 million Web users, the commercial stakes are huge.
