Articles by 김케빈도현
김케빈도현
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[Barry Ritholtz] The next recession is coming. Big deal.
You have to hand it to economists -- they say the darnedest things.In a Wall Street Journal survey, a group of economists “put the odds of the next downturn happening within the next four years at nearly 60 percent.” Oh no.Today, we will make another entry in the catalog of how worthless predictions tend to be, and more specifically why economists’ long-term forecasts are so uniquely useless.Let’s start with the math: Saying a recession might occur within the next four years is a statement that
Viewpoints Oct. 19, 2016
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Getting women into close-combat assignments requires men to step up
In December, the Pentagon finally opened all combat jobs to women. Since then only 180 have signed up for the two branches that previously were off-limits -- infantry and armor. To illustrate how few that is, the US Army’s active-duty infantry is made up of more than 60,000 soldiers. The number of female troops volunteering for the newly opened “close-combat” jobs is a pittance.The US Army’s highest-ranking noncommissioned officer recently sent an email to every soldier in the ranks, asking wome
Viewpoints Oct. 19, 2016
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Weak deal on airplane emissions
Cheers rose from prominent voices around the world this month when almost all countries agreed to reduce the climate costs of international air travel. The United Nations and White House applauded the deal, as did the airline industry and even some environmentalists. Yet the agreement hardly qualifies for the praise. It stands to do little to reduce carbon dioxide emissions from airplanes. These emissions are certainly a problem. Airlines currently account for just 2 percent of global greenhouse
Viewpoints Oct. 19, 2016
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[Noah Smith] Libertarianism’s time has come and gone
Stanford historian Ian Morris is fond of saying that “each age gets the thought it needs.” According to this maxim, ideas like the Enlightenment, communism or even Christianity are a product of the economic and political circumstances of their times.It’s easy to believe that libertarianism might have been a good fit for the late 20th century. Coming out of World War II, governments were huge, bureaucratic and militaristic. The Soviet Union and Mao’s China were implementing particularly destructi
Viewpoints Oct. 19, 2016
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[Cynthia M. Allen] What to learn from this election
In less than a month, the election will be over.The nightmare of a campaign season Americans have endured for over a year will dissipate, and the losing party, which at this point seems safely predictable, will begin its ritualistic postmortem assessment in a supposed attempt to learn some lessons from its failure.We all have a lot to contemplate after this election cycle, including some ugly truths it has revealed about our nation. To start, voters nominated two of the worst major-party candida
Viewpoints Oct. 19, 2016
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[Editorial] Wealth drain
Korean conglomerates are actively tapping tax havens worldwide for the apparent purpose of reducing their income tax burdens, a development that was highlighted during the National Assembly’s audit last week.It is widely believed that, in some countries in the Caribbean, global investors can easily attain documents that could register their operations there. It is known that these sort of documents are available via brokers within several days of application.Arguments start from the point whethe
Editorial Oct. 18, 2016
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[Rachel Greszler] US overtime rule will ruin workplace flexibility
You’ve probably heard about employers that block workers’ access to personal email accounts on work computers. But now, thanks to a new Department of Labor overtime rule, some employers are blocking workers’ access to work emails after hours.Why? Because although many employers probably want employees to be able to check work email whenever they want, they don’t want to be forced to pay employees time and a half for doing so, which is what the overtime rule mandates.Under the new rule, employers
Viewpoints Oct. 18, 2016
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[Justin Fox] The cities that Uber and Lyft are changing
Uber now offers rides in more than 200 US cities. Rival Lyft does too.But Uber gets an estimated 60 percent of its US revenue from just five metropolitan areas (New York, San Francisco, Los Angeles, Chicago and Washington), according to a new report from the research firm 7Park Data. You can see a similar regional concentration in ride-business data released this week by the Brookings Institution.Brookings senior fellows Ian Hathaway and Mark Muro gathered these numbers (and similar data on the
Viewpoints Oct. 18, 2016
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[Leah Yoon Frelinghuysen] Out of many, one
I was admiring the silk damask wallpaper woven in 1898 in our historic inn’s dining room at the end of a cozy family dinner when you found a way to disturb my reverie with your appalling confrontation. I try to imagine how our table looked to you. An Asian woman speaking in a slightly elevated voice to her elderly Asian grandmother in a room filled with more guests who looked like you than us. And I realize you took the opportunity to approach me only after my Caucasian husband left the dining r
Viewpoints Oct. 18, 2016
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[Kim Seong-kon] Seven surprising things about Korea
Many foreigners agree that compared to other countries, Korea is a country with a lot of convenient things. Undeniably, there is some inconvenience as well, and yet convenient things easily outnumber inconvenient ones in Korea. Recently, a foreigner living in Korea posted on the internet “Seven surprising things about Korea.” According to him, the first one is the superb public transportation system. In Seoul, for example, you can go anywhere by bus or the subway and thus you do not need a car
Viewpoints Oct. 18, 2016
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[Paula Moore] Will others follow the Netherlands in phasing out animal experimentation?
In a groundbreaking move, the Dutch government recently announced it is working to end all experiments on animals. The Netherlands had already passed a motion in parliament to phase out experiments on nonhuman primates, and now its goal is to be using only human-relevant, nonanimal testing methods by 2025. People for the Ethical Treatment of Animals UK scientists have met with government officials and provided a 70-page document outlining areas of experimentation that can be ended immediately an
Viewpoints Oct. 18, 2016
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The Duterte dilemma: extreme but popular
The practices and the words of relatively new president of the Philippines, Rodrigo Duterte, present a problem for the United States in its relations with that country. What he does, what he says and what may be a tendency on his part to try to play the United States off against China and Russia in East Asia could become a problem.At this point, given the long-standing although complex relationship between the Philippines, a nation of nearly 100 million, and the United States, at least two quest
Viewpoints Oct. 18, 2016
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[Lee Jae-min] Hot pursuit, cold relations
Liquor smuggling was a lucrative business in the American Prohibition era of 1920-1933. A Canadian ship named “I’m Alone” was one of the vessels engaged in smuggling. In March 1929 the ship was approached by US Coast Guard cutters for inspection within the jurisdictional waters of the United States. Not surprisingly, it sped away. The Coast Guard cutters continued their chase for the next two days, and finally caught the ship on the high seas.A dispute arose between Canada and the US since the u
Viewpoints Oct. 18, 2016
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[Editorial] Pathetic approach
The controversy touched off by former Foreign Minister Song Min-soon’s memoir exposes – once again – how naive, censurable and risky the South Korean government’s policy toward North Korea has been. Song, who served as the top diplomat under Roh Moo-hyun who succeeded Kim Dae-jung’s engagement policy toward the North, said in the memoir that Seoul sought the view of Pyongyang before abstaining from the 2007 UN vote on a resolution about the human rights infringement in the North. This promptly
Editorial Oct. 17, 2016
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[Joseph E. Stiglitz ] Why Trump?
As I have traveled around the world in recent weeks, I am repeatedly asked two questions: Is it conceivable that Donald Trump could win the US presidency? And how did his candidacy get this far in the first place?As for the first question, though political forecasting is even more difficult than economic forecasting, the odds are strongly in favor of Hillary Clinton. Still, the closeness of the race (at least until very recently) has been a mystery: Clinton is one of the most qualified and well-
Viewpoints Oct. 17, 2016
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