Entries Tagged as ‘economics’

17 July 2008

Lankov on the Origins of Commercialized Prostitution in Korea

In my reduced blog-reading of late, I’ve been a little slow to note an interesting take, by Andrei Lankov in the Korea Times, on the origins of what is now a highly developed industry in Korea (and elsewhere, in both supply and demand): commercialized prostitution.
Traditionally, most East Asian countries have had few scruples with regard [...]

17 June 2008

A Bad Omen: Nkrumah vs. Cocoa Farmers, 1954-57

From The Fate of Africa: A History of Fifty Years of Independence, by Martin Meredith (PublicAffairs, 2005), pp. 24-27:
After winning the 1954 election, Nkrumah seemed set to make rapid progress towards independence. But he encountered unexpected resistance centred on his conduct of government. In the final stages of colonial rule, the Gold Coast, once a [...]

27 May 2008

The Gulag Economy’s Peace Dividend

From The Whisperers: Private Lives in Stalin’s Russia, by Orlando Figes (Metropolitan, 2007), pp. 467-468:
Forced labour played an increasingly important part in the post-war Soviet economy, according to a policy dictated by Stalin and his ‘kitchen cabinet’ of advisers. With the ending of the war the pool of unpaid labour available for exploitation by the [...]

23 May 2008

The Rise of Salazar in Portugal

From: Sacred Causes: The Clash of Religion and Politics, From the Great War to the War on Terror, by Michael Burleigh (HarperCollins, 2007), pp. 140-142:
In contrast to Spain, where the presence of Catholics on both sides of a vicious civil war dictated a cautious response by the Vatican, there were two countries where Pius XI’s [...]

6 May 2008

Stakhanovites as the New (Leisure) Class

From: Sacred Causes: The Clash of Religion and Politics, From the Great War to the War on Terror, by Michael Burleigh (HarperCollins, 2007), pp. 89-91 (reviewed here and here):
The Soviet Union was not immune to what was emerging as a global cult of celebrity, or notoriety, focused on athletes, aviators, boxers, film-stars, gangsters, mountaineers and, [...]

7 April 2008

Kissinger on Asia as the Next Europe

Henry Kissinger outlines Three Revolutions that present new challenges to the old model of state-based power politics.
These transformations take place against the backdrop of a third trend, a shift in the center of gravity of international affairs from the Atlantic to the Pacific and Indian Oceans. Paradoxically, this redistribution of power is to a part [...]

3 April 2008

Fallows on China the Fragile Superpower

In a blogpost about the disconnect between China’s internal poverty and external superpower status, James Fallows ends up quoting from his own piece on American values in the November 2007 issue of The Atlantic Monthly.
When living in Japan, I heard accounts from many Japanese who had gone to the U.S. for business or study in [...]

2 April 2008

Highly Stratified Classlessness

From The Whisperers: Private Lives in Stalin’s Russia, by Orlando Figes (Metropolitan, 2007), pp. 171-172:
There was a direct correlation between the allocation of material goods and power or position in the socio-political hierarchy. Below the Soviet elite nobody had many possessions – most people lived in a single pair of clothes – and there was [...]

1 April 2008

Cuyahoga River Fires of 1868, 1912, 1936, 1952, 1969

From: Break Through: From the Death of Environmentalism to the Politics of Possibility, by Ted Nordhaus & Michael Shellenberger (Houghton Mifflin, 2007), pp. 22-24:
On June 22, 1969, oil and debris on the surface of the Cuyahoga River in Cleveland, Ohio, burst into flames and burned for twenty-five minutes. The burning river quickly became national news. [...]

22 March 2008

Osaka Grand Sumo Finale and Freakonomics

Going into the final day of this year’s Osaka Grand Sumo Tournament, the two Mongolian yokozunas, Asashoryu and Hakuho, are tied for the lead with 2 losses each and will meet each other for the deciding match. Right behind them are two mid-level maegashira, the Georgian Kokkai and Estonian Baruto, with 3 losses each.
Seven rikishi [...]