Each fall, a telephone call from Stockholm launches one or a few scholars to international fame with the bestowal of the Nobel Memorial Prize in Economic Sciences -- a process that Irving Wallace dramatized in his 1962 potboiler The Prize. This year, the call went to three figures who are already well-known, the economists Daron Acemoglu and Simon Johnson of the Massachusetts Institute of Technology, and the political scientist James A. Robinson of the University of Chicago. The three were recog

If we didn’t know any better, we might flip through the newspaper and conclude that the international order the United States helped construct after World War II was coming apart. We might also be led to believe that four countries, China, Russia, Iran and North Korea, are not only contributing to its demise but also forming an alliance to destroy the so-called rules-based order that senior US officials crow about. Since the war in Ukraine erupted in February 2022, US foreign policy expert

The worst tragedies of human history tend to arise from our too-rigid notions of binary oppositions and our hatred of the other. The antagonisms between the East and the West, Christianity and Islam, or capitalism and communism are good examples. History shows us that the atrocities of wars, massacres and genocides are done in the name of God, the righteousness of pure ideology or delusions of racial supremacy. Recently, I came across a riveting book of poems by the renowned Korean poet Oh Sae-y

Even the world’s fourth most-populous country, which has more active cellphones than people, seems to be no match for Apple. Indonesia’s ban on the sale of iPhone 16s after the company failed to meet local investment requirements didn’t faze investors. Shares of the world’s most-valuable company were largely unchanged by the news, which makes sense given the smaller footprint it has in the emerging market. And the deck was already unevenly stacked: Indonesia’s entir

I teach a course at the University of Chicago on presidential elections, and I hear the same kind of question from friends on both the right and the left. The Republicans I grew up with in western Kansas cannot understand why Donald Trump is not far ahead in the polls, whereas the Democrats who surround me in Chicago wonder how it can possibly be that Kamala Harris is not running away with the race. These are the right questions for understanding contemporary US politics. For all its unusual asp

One of the only things growing faster than progress in AI applications is speculation about AI’s effect on the economy. I don’t have all the answers, not by a long shot, but I do think we should expect great unevenness in adaptation, and that itself will alter our world. To see how this is likely to play out, start with a distinction between sectors in which it is relatively easy to go out of business, and sectors in which it is not. Most firms selling computer programming services,

The news of Han Kang being awarded the Nobel Prize in literature carried me to the winter of 1970, when I started my journalism career at The Korea Times. My tasks included assisting the managing editor, who was creating the Modern Korean Literature Translation Awards, the first of its kind. In considering the more than 50 years that have transpired for Korean literature -- and Korean culture at that -- it may be said that the Nobel Prize is a crowning achievement for one Korean and a watershed

An acquaintance recently asked me, "Hey, why do you love running?" My response was, "I don’t. I love having run." It might sound like a flippant remark, but it’s the honest truth; the act of running itself still feels like a form of legalized torture. For the past 20 years, I've had a love-hate relationship with running. There are moments when I bathe in the euphoric haze of a post-run high, contrasted with times when my frail ankles scream in agony fro

Last week, the Ministry of the Interior and Safety reported that 2,459,542 foreign residents were living in South Korea as of November 2023. In the ministry's case, the term “foreign residents” includes foreign nationals living in the country for three months or more as well as most naturalized citizens. The number of foreign residents, which is close to reaching almost 5 percent of the population, is the highest in South Korean history. The continued increase in the number of f

The world is undergoing significant shifts, and the pace of these changes can often provoke anxiety and uncertainty. Across continents, events are unfolding with potentially profound impacts on global stability. Former US President Donald Trump is positioning himself for another term that could potentially reshape the liberal order. North Korea is sending troops to Russia to fight Ukraine, creating new geopolitical complexities. In Japan, a new prime minister faces political instability, increas