When Populists Say They Represent “the People,” Do They Really?

Populists often claim to represent “the people,” but winning elections, gaining popular support, and actually advancing the public interest are not the same thing. To judge whether politicians truly represent ordinary citizens, we need to look beyond campaign rhetoric and ask who benefits from their policies—and who bears the costs.

民粹主義者說自己代表「人民」,他們真的代表人民嗎?

民粹主義者經常聲稱自己代表「人民」,但贏得選舉、獲得民眾支持和真正維護民眾利益,並不是同一回事。要判斷一個政治人物是否真正代表普通人,不能只聽競選口號,更要看政策實施之後,究竟誰受益、誰承擔成本。

民粹主义者说自己代表“人民”,他们真的代表人民吗?

民粹主义者经常声称自己代表“人民”,但赢得选举、获得民众支持和真正维护民众利益,并不是同一回事。要判断一个政治人物是否真正代表普通人,不能只听竞选口号,更要看政策实施之后,究竟谁受益、谁承担成本。

Why Might $200,000 Be Enough? Taking the Retirement Model Apart

Is $200,000 enough to retire in China? The answer depends on Social Security income, starting assets, exchange rates, medical costs, the age disability begins, how long care lasts, and the level of care required. By stress-testing different scenarios, this article shows why $200,000 is neither a conclusion nor a safety threshold, but a moving result that changes with the assumptions.

20萬美元為什麼可能夠?把這個養老模型徹底拆開

20萬美元夠不夠回中國養老?答案取決於Social Security收入、起始資產、匯率、醫療費用、失能年齡、護理年限和護理價格等多個變數。本文把養老模型徹底拆開,透過不同壓力情境說明:20萬美元不是結論,更不是安全線,而是一個隨著條件變化不斷移動的計算結果。

20万美元为什么可能够?把这个养老模型彻底拆开

20万美元够不够回中国养老?答案取决于Social Security收入、起始资产、汇率、医疗费用、失能年龄、护理年限和护理价格等多个变量。本文把养老模型彻底拆开,通过不同压力情景说明:20万美元不是结论,更不是安全线,而是一个随着条件变化不断移动的计算结果。

Labor Day: Why Does Wealth Grow Faster Than Wages?

Why does wealth from homes, stocks, and business ownership often grow faster than wages even as workers become more productive? This Labor Day, the deeper question may not be simply how much wages should rise, but how more workers can gain the opportunity to own assets and participate in the growth of capital.

勞動節:為什麼工資總是跑不過資本?

為什麼經濟越來越富、勞動生產率越來越高,工資卻常常跑不過房產、股票和資本財富的增長?勞動節之際,我們真正需要討論的,也許不只是工資應該漲多少,而是普通勞動者如何獲得積累資產、分享資本增長的機會。

劳动节:为什么工资总是跑不过资本?

为什么经济越来越富、劳动生产率越来越高,工资却常常跑不过房产、股票和资本财富的增长?劳动节之际,我们真正需要讨论的,也许不只是工资应该涨多少,而是普通劳动者如何获得积累资产、分享资本增长的机会。

What Does RMB 10,000 a Month Buy in a Chinese Elder-Care Facility—and How Is It Different from a $10,000 U.S. Nursing Home?

A semi-private U.S. nursing-home room now costs about $9,581 a month, while RMB 10,000, 15,000, or 20,000 can already buy different levels of disability care, dementia care, and integrated medical support in major Chinese cities. A several-fold price gap does not mean the quality gap is equally large. The real comparison is care intensity, medical capability, regulatory transparency, and how many years the same retirement portfolio can sustain.