Did Korea's Economic Development Require State Protection? A common argument that is often brought up to argue against free market capitalism is Korea's economic development. Many argue that desp...
Links of the Day (April 9th, 2015) It is always quite odd to see the New York Times post something that makes sense in their op-ed pages: The Real Reason College Tuition Costs...
Grieving Lee Kuan Yew's Passing I go through the news at least twice a day every day. For those who frequent this blog, I am sure that it will not surprise you when I say t...
Trickle-Down Economics Redux The Straw Man Argument is a type of argument that is used to misrepresent someone else's argument, by way of exaggeration or misreprese...
Korea - The Country of the Future On December 18 th 2014, IKEA, the world's largest furniture retailer, opened its first Korean branch in Gwangmyeong, Gyeonggi Province....
Does Capitalism Breed Nepotism? By now, most people must have heard about the incident in Korean Air that has been dubbed “ Nut Rage .” For those who are still unaware, a K...
The Trouble with Non-Economists talking about Economics, Part 2 The other day, a Facebook acquaintance linked a post on his Facebook page, which showed up on my news feed. It was a link to a website calle...