The Korea Herald

[Yuliya Tymoshenko] Ukraine’s desire for democracy and revolution betrayed

KYIV ― From snowy Kyiv, I have watched the revolutions in Cairo and Tunis with joy and admiration. Egyptians and Tunisians are right to be proud of their desire to peacefully overthrow despotic governments. But, as someone who led a peaceful revolution, I hope that pride is tempered by pragmatism, because a change of regime is only the first step in establishing a democracy backed by the rule of l

Viewpoints Feb. 7, 2011

[Yuliya Tymoshenko] Ukraine’s desire for democracy and revolution betrayed

[Editorial] It’s jobs, stupid

After a long lunar New Year holiday, ranging from five days to nine days, corporate enterprises are returning to business as usual. But some of them may have to brace for disruptions on their work sites, because the days of industrial peace may be numbered for them.The reason is that the Federation of Korean Trade Unions, a hitherto nonviolent labor umbrella group, has started to flex its muscles

Editorial Feb. 6, 2011

[Chen Weihua] A canny way to get things done

When China first opened up to the outside world 30 years ago, Chinese people applying for jobs at foreign-funded ventures learned that they had a better chance of getting the job by answering questions in the way a U.S. jobseeker would. For example, a Chinese engineer who had operated machine tools for 20 years would previously have modestly said “I know a little bit” when asked how familiar he wa

Viewpoints Feb. 6, 2011

[J. Bradford DeLong] Intelligent design of the U.S. economy

BERKELEY ― As Stephen Cohen, with whom I wrote “The End of Influence: What Happens When Other Countries Have the Money,” likes to say, economies do not evolve; they are, rather, intelligently designed. He also likes to say that, though there is an intelligence behind their design, this does not mean that the design is in any sense wise.The first claim is, I think, incontrovertible. Since long befo

Viewpoints Feb. 6, 2011

[J. Bradford DeLong] Intelligent design of the U.S. economy

[Michael Smerconish] Exploring a U.S. stranger’s generosity

In the height of the Great Depression, Myrna Jury was in economic despair, which explains her reply to the advertisement of a stranger who had run an ad in the Dec. 18, 1933, issue of the Canton (Ohio) Repository. The ad was titled “In Consideration of the White Collar Man!” and offered assistance from an anonymous source to families in need.Jury wrote and reported that her husband had been out of

Viewpoints Feb. 6, 2011

[Gregory Rodriguez] Take that, Travel + Leisure magazine

I demand a recount! Or a re-survey! Or some form of redress for the aspersions Travel + Leisure magazine has cast not only on the City of Angels but on all of us Angelenos.Recently, the magazine released a survey of travelers who, in all their wisdom, concluded that Los Angeles surpasses New York as the rudest city in America.Excuse me?My first reaction was fear that I would never again be able to

Viewpoints Feb. 6, 2011

[Yves Mersch] Preventing the euro area’s next crisis

LUXEMBOURG ― Much dedication and energy are currently being devoted to institutionalizing a crisis-management mechanism for the euro area. This is a good and important goal. But a far more significant challenge ― largely covered in the accompanying debate ― is the need for crisis prevention.At the European Union’s pre-Christmas summit, European heads of state and government agreed in principle to

Viewpoints Feb. 6, 2011

[Yves Mersch] Preventing the euro area’s next crisis

[Editorial] U.S. dilemma, again

By all accounts, Hosni Mubarak’s days are numbered in Egypt. The outside world sees two possibilities about the future of the largest country in the Middle East: It could become a second Iran, a nightmare for the globally-caring United States and the Western community in general, or the predominantly Islam nation of 80 million could gain democracy while remaining a friend and ally of Washington an

Editorial Feb. 1, 2011

[Editorial] Trial and error

In January 2008, when the transition committee for president-elect Lee Myung-bak decided to abolish the Ministry of Science and Technology to put his campaign pledge of small government into practice, an array of academics and industrialists raised strong objections. They feared that absence of a central administration agency responsible for promotion of science and technology would inevitably cau

Editorial Feb. 1, 2011

Your medical prescription or your privacy

IMS Health Inc. operates in the shadows of the healthcare industry, gathering data that drug makers can use to sell medications more effectively. The data, however, are taken from the prescriptions that doctors write for their patients. That information is at the heart of a dispute over how far states can go to protect privacy ― a dispute that has reached the Supreme Court, and one that could broa

Viewpoints Feb. 1, 2011

[Zhang Monan] China’s quality time for development

China’s double-digital economic growth over the past years has helped it replace Japan as the world’s second largest economy. In terms of gross domestic product China exceeded Japan from the second quarter of 2010 and its full-year GDP was more than 39 trillion yuan ($5.93 trillion), as indicated by statistics from the National Bureau of Statistics. That means China now has the second largest glob

Viewpoints Feb. 1, 2011

[Jeffrey D. Sachs] America’s ungovernable budget policy

NEW YORK ― The heart of any government is found in its budget. Politicians can make endless promises, but if the budget doesn’t add up, politics is little more than mere words.The United States is now caught in such a bind. In his recent State of the Union address, President Barack Obama painted a convincing picture of modern, 21st century government. His Republican Party opponents complained that

Viewpoints Feb. 1, 2011

[Jeffrey D. Sachs] America’s ungovernable budget policy

[Saree Makdisi] Craven ‘leaders’ offer to sell out Palestinian people

A massive archive of documents leaked to al-Jazeera and Britain’s Guardian newspaper offers irrefutable proof that years of negotiations between Israelis and Palestinians have been an empty sham. The papers make clear that the time has come for Palestinians and anyone interested in the cause of justice to abandon the charade of official diplomacy and pursue other, more creative and nonviolent path

Viewpoints Feb. 1, 2011

[Brian Blase] Repealing new entitlements to reduce deficit

In his State of the Union address, President Obama said that repealing his health-care law would increase the deficit by $230 billion. While technically true according to Congressional Budget Office estimates, this statement is misleading.In CBO’s own words: “(the) legislation contained a set of provisions ... which CBO and (Joint Committee on Taxation) estimated would have a gross cost of about $

Viewpoints Feb. 1, 2011

[Kim Seong-kon] Funny car names and awkward titles

Cultural differences often inspire harmless laughter among individuals. For example, rumors say that the Americans’ favorite car, the Chevy Nova, did not sell in South America because Nova literally means ‘no go’ or ‘doesn’t go’ in Spanish. When GM executives changed the car’s name to the Chevy Caribe, sales increased considerably. This funny anecdote well illustrates the fact that you should thin

Viewpoints Feb. 1, 2011

[Kim Seong-kon] Funny car names and awkward titles

Articles by 최남현