This blog post examines the scientific basis for how vitamin K plays a crucial role in the blood clotting process and why deficiency can lead to bleeding that doesn’t stop easily, even from small wounds. Most people have experienced falling and getting hurt while playing on the playground as children. If the wound isn’t severe, they often don’t think much of the bleeding...
This blog post calmly examines the interests of economic actors through the conflicts over working hours, wages, and taxes that persist even after employment. Getting hired isn’t the end of the story Let’s say you somehow managed to land a job. Does that mean all your problems are solved? After getting hired, other issues await: namely, the problems of ‘labor intensity’ and...
In this blog post, we calmly examine the relationship between economic growth and price increases through the lenses of supply and demand, exchange rates, oil prices, and wage structures, and explore the limits of this ‘naturalness’. How to avoid the price bomb? In children’s cartoons, it’s clear who the hero is and who the villain is, but real life isn’t like that...
The Himalayan mountain range influenced climate and topography, leading to desert formation. This article examines the process and geological changes. Are all deserts barren wastelands scorched by intense heat and fierce sandstorms? While some deserts are tropical, others are temperate, like those in high-altitude regions or continental interiors, where summers are hot but winters are cold...
This blog post explores how the guitar overcame its historical marginalization to become a central instrument in modern music. The Guitar as an Instrument The guitar is fundamentally a stringed instrument played by plucking its strings with the hands. This instrument embodies the basic characteristics of stringed instruments, allowing the creation of diverse sounds through the subtle...
This blog post examines how modern eugenics differs from its historical counterpart and whether it is ethically acceptable, focusing on human cloning and genetic selection. Since modern biology opened the door to the possibility of human cloning, many have focused on its potential benefits, expecting it to solve modern medicine’s challenges like genetic diseases and disabilities...
This blog post examines the trend of smartphone games shifting from competitive play to spectator-focused formats, and the underlying changes in modern lifestyles driving this shift. With smartphones advancing at an astonishing pace, smartphone games are simultaneously diversifying in type and becoming more sophisticated in functionality. This progress extends beyond mere hardware...
This blog post examines how light pollution and aging in modern society affect insomnia, exploring the causes and solutions. According to a survey by the Korean Sleep Research Society, 22.8% of Korean adults suffer from nocturnal sleep disorders, namely insomnia. This indicates that a significant number of people experience discomfort in their daily lives due to insomnia, and the number of...
This blog post uses the dolphin protection debate in the drama as a starting point to calmly examine, from an economic perspective, how good intentions can lead to the tragedy of the commons. The Economics of Protecting Dolphins In August 2022, the hugely popular ENA Korean drama “The Uncanny Lawyer Woo Young-woo” concluded. The drama had several focal points, one of which was ‘whales’...
This blog post examines whether price competition enhances consumer welfare or breeds collusion and unfair practices, exploring the perspectives of businesses, workers, and the market through the case of Dangdang Chicken. Competition and Corporate Choice This blog post examines topics related to corporate choice. First, we explore the meaning of competition and monopolistic markets. In...