[Jeff Nelligan] My military family and AVF at 50

Plebe Summer is underway at the US Naval Academy, where 1,184 young men and women grind through the second week of their “college” experience, complete with obstacle courses, firearms and fully-clothed plunges into the Chesapeake Bay. These determined young people represent one element of the All-Volunteer Force, which marked its 50th anniversary this year after military conscription ended in 1973. It is one of the most remarkable institutions this nation has ever produced. I should

Aug. 8, 2023

[J. Bradford DeLong] Investment theory in practice

Suppose that you had invested your wealth in a broadly diversified set of stocks, starting in January 1871, with the dividends being rolled back into your portfolio, and with your portfolio being rebalanced every January to maintain diversification. If you had also paid no taxes and incurred no fees, you would have had 65,004 times your initial investment, as of this past January. By contrast, if you had performed the same experiment with long-term US Treasury bonds, you would have only 41 time

Aug. 7, 2023

[Antara Haldar] Which is the real Europe?

This year marks the 30th anniversary of the European Union. When the Maastricht Treaty took effect in 1993, Europeans embarked on a historically unique experiment in supranational governance and shared sovereignty. The EU’s single market allows for the free movement of goods, services, and capital among 27 member states; and, critically, its Schengen Area means open borders between member states (and free movement rights even in non-Schengen member states), granting more than 400 million p

Aug. 7, 2023

[Robert Fouser] English proficiency of South Koreans

How well do South Koreans speak English? The development of translation apps and decreased personal interaction after the pandemic may be making this question less important, but English education still occupies an important place in the South Korean society. English is a required language from elementary school through university. Scores of standardized English tests are usually required for employment and advancement in companies. English kindergartens and other types of private schools remain

Aug. 4, 2023

[Lee Kyong-hee] Ideological divide over disputed war hero

During my first visit to the Dabudong War Memorial Museum, footsteps could be easily heard. Only a handful of visitors paced through the small hillside museum that recalls pivotal, last-ditch fighting in the early stage of the Korean War. The museum’s secluded site off the Seoul-Busan highway and a simple display of old howitzers and bazookas and memorial steles to fallen soldiers created a solemn atmosphere. They silently memorialized the unsung heroes who turned the tide of the war by pr

Aug. 3, 2023

[Kim Seong-kon] 'Unmanned': Living with AI

In Isaac Asimov’s “True Love,” an artificial intelligence takes over the identity of protagonist Milton Davidson and ruins his life. At first, Milton wants to find a perfect partner. In pursuit of this goal, he provides all the information about himself to his super-intelligent computer program Multivac or “Joe,” as Milton calls it. Joe then proceeds to comb through databases to find a girl who impeccably matches Milton. At last, Joe finds an ideal match for Milton,

Aug. 2, 2023

[Martin Schram] Truth shatters a Big Lie

For more than two years, Donald Trump’s most patriotic MAGA true believers have been accepting with unshakable trust what they were sure was rock-solid evidence that their leader really won reelection. They genuinely believe they’ve seen all the proof they need that the 2020 election was stolen from them. They have seen the videos on the websites they trust most, showing votes being stolen, changed, thrown away, whatever. They are sure they have seen proof. That’s why they are

Aug. 1, 2023

[Ana Palacio] Politicians impede practical climate solutions

Recent climate negotiations have been heated, to say the least. Beyond the usual recriminations over financing, the choice of Sultan Al Jaber -- chief executive of the Abu Dhabi National Oil Company (ADNOC) -- as the president of the upcoming United Nations Climate Change Conference (COP28) in the United Arab Emirates has fueled considerable controversy. But if the world is to make genuine progress on climate change, the engagement of both the oil and gas industry and the Gulf region is essentia

Aug. 1, 2023

[Rachel Bronson] Ways to honor Oppenheimer’s legacy

J. Robert Oppenheimer was the first chair of the Bulletin of the Atomic Scientists’ board of sponsors, a group composed of the world’s leading scientists based at the University of Chicago. Because I serve as the bulletin’s president, I am fielding a lot of questions lately about why I think Christopher Nolan’s eponymous film about Oppenheimer, which hit theaters nationwide on Friday, is resonating so deeply with the public. The all-star cast, feted director, and script

July 31, 2023

[Lucrezia Reichlin] Europe’s monetary over-tightening trap

Headline inflation is falling fast in the United States and the eurozone, following a succession of sharp interest rate hikes by the US Federal Reserve and the European Central Bank. But monetary policymakers on both sides of the Atlantic have made it clear that they are not done yet. Are they going to go too far? Core inflation, which is still running at around 5 percent in the US and the eurozone, remains a major cause for concern. Central bankers fear that, given a resilient labor market, hig

July 28, 2023

Pakistan eyes Korean investments, suggests potential sectors

Officials and representatives from Pakistan showcased trade and investment potential at the Pakistan-Korea trade and investment conference seeking Korean investments at the Ambassador Hotel in Seoul, Thursday. Attendees shared diverse ideas and business solutions in energy, construction, minerals, agriculture, food processing, textiles, automobiles, information technology and telecommunications to reach out to investors and key figures taking the lead. Underscoring Pakistan’s economic outl

July 27, 2023

[Wang Son-taek] USS Kentucky and the security dilemma

South Korea was hit by torrential rain last week. The flood killed 47 people and left three missing. All the news was focused on flood damage, and other stories were not the matter of attention. However, many headlines significantly impacted the security situation on the Korean Peninsula as much as heavy rain. The inaugural Nuclear Consultative Group meeting, USS Kentucky‘s visit to Busan Port, a US soldier’s defection to North Korea, and North Korea’s missile launches, all t

July 27, 2023

[Jonathan Bernstein] Third party ‘No Labels’ unhelpful

A group called “No Labels” is moving ahead with the possibility of running a third-party candidate for president next year -- at least if Donald Trump and Joe Biden are the major party nominees. Democrats are livid at the prospect, concerned that such an effort is more likely to help Trump. Some Democrats are even convinced that it’s a deliberate plot to deliver the election to Republicans. Polling shows that neither Biden nor Trump is especially popular -- and that many voters

July 27, 2023

[Kim Seong-kon] Teachers change the world and our children

Recently in Seoul, an elementary school teacher died by apparent suicide in her classroom, with claims emerging since that she had been dealing with a belligerent parent. The deceased teacher was a 23-year-old young woman who had just begun her career as an educator. In another elementary school in Seoul, a sixth grader beat up his female homeroom teacher, whose injuries will likely take weeks to heal. Embarrassingly, violent assaults on teachers by students and parents are becoming common these

July 26, 2023

[Gearoid Reidy] Fukushima water opposition is steeped in anti-science

Hong Kong is so opposed to Japan’s plan to release treated water from the Fukushima nuclear plant that it’s banning seafood products -- from four of the country’s landlocked prefectures. That sounds a bit off, yes? Tochigi, Gunma, Nagano and Saitama, which have a combined zero kilometers of coastline between them, are among the 10 regions whose aquatic produce will no longer be welcome in Hong Kong’s restaurants once Japan proceeds with its aim to begin releasing the more

July 25, 2023

[Pankaj Mishra] Europe's far right in the ascendant

A global upheaval looms as Donald Trump strengthens his candidacy for the next US presidential elections. Ukraine and its European allies need to start considering the prospect that by the end of next year, they could face a US no longer invested in resisting Russia’s aggression. We should also start bracing ourselves for a geopolitical earthquake in Europe itself. In Spain, which holds national elections on July 23, and across the continent, far-right demagogues are in the ascendant. Prim

July 25, 2023

[Gordon Brown] For whom Spain polls: a test for democracy in Europe

Spain’s general election Sunday matters not just for the country’s future but also for the future of Europe. A defeat for socialist Prime Minister Pedro Sanchez would likely propel the extreme right-wing Vox party from back street demagogues to parliamentary power, and if, as is widely expected, Vox and the Popular Party (PP) enter into a coalition government, it will mark the end of Spain’s long aversion to far-right politicians, which has endured since the death of Generaliss

July 24, 2023

[Robert J. Fouser] Korea and global competition for labor

On my recent visit to South Korea and Japan, the topic of foreign migrant labor came up more than on any previous visit. An architect friend in South Korea said that construction would be almost impossible without foreign labor. A Japanese friend in Tokyo said that the service industry would face a severe shortage of workers without foreign labor. As the COVID-19 pandemic recedes, interest in other long-standing issues has reasserted itself. In 2021, South Korea joined Japan as one of the few na

July 21, 2023

[Lee Kyong-hee] Gyeongju: archaeology, myths and memories

Summer 1973. The sights and sounds of excavations descended on Gyeongju, turning the entire city into a massive archaeological project. If a Korean movie studio ever decides to make its own version of “Indiana Jones,” they would not have to search much for opening-scene inspiration. The “comprehensive tourist development” of the ancient royal capital of Silla, a pet project of then President Park Chung-hee, triggered the cacophony. Famously called “the museum withou

July 20, 2023

[Kim Seong-kon] Demagogy ruins our friendship with neighbors

John F. Kennedy once said, “Geography has made us neighbors. History has made us friends. Economics has made us partners, and necessity has made us allies. Those whom God has so joined together, let no man put asunder.” Indeed, no one can force us to change such a God-given situation. Having a good neighbor is crucial for having a peaceful life. On the contrary, a bad neighbor is like a recurring nightmare that you have to suffer and endure every day. Therefore, what kind of a neigh

July 19, 2023