Korea Joongang Daily
Korea JoongAng Daily

The shaman controversy continues (KOR)

Dangun or Chachaung — names of kings in ancient Korea — meant “shaman.” In the ancient times, rulers legitimatized their political power through the authority of shamanism. As Buddhism and Confucianism rose to...

2022-02-28

The shaman controversy continues

Dangun or Chachaung — names of kings in ancient Korea — meant “shaman.” In the ancient times, rulers legitimatized their political power through the authority of shamanism. As Buddhism and Confucianism rose to...

2022-02-27

Real leadership lessons

Cicero, a renowned statesman of ancient Rome, ran for consul, the highest office in the Roman Republic, at age 42 in 64 BC. It was not easy, because he was not a noble. His younger brother advised him to befriend various people,...

2022-02-21

No pledges on college innovation

The biggest reason for the existence of universities is to educate. It was how education worked in the 1960s and 70s. College education was the main factor behind Korea’s achievement of per capita income of $30,000 and world’s...

2022-02-17

When the bills come due (KOR)

In answers to a question from the Korea Manifesto Center, ruling Democratic Party (DP) presidential candidate Lee Jae-myung said more than 300 trillion won ($250.7 billion) will be needed to finance his campaign promises for five...

2022-02-17

When the bills come due

In answers to a question from the Korea Manifesto Center, ruling Democratic Party (DP) presidential candidate Lee Jae-myung said more than 300 trillion won ($250.7 billion) will be needed to finance his campaign promises for five...

2022-02-16

Ominous ‘twin deficits’

Korea is facing the unfamiliar concept of “twin deficits.” Fiscal deficit has widened under the Moon Jae-in government due to a record-sized spending streak. At the same time, the country is grappling with a trade deficit amid a...

2022-02-07

Twelve inconvenient promises

Recently, I talked with the CEO of a securities company. When I asked him who among a dozen presidential candidates in the next election is supported by the capital market, he refrained from mentioning a specific name. Instead,...

2021-10-03

Presidential candidates take their campaigns to TV

“Just think of me as an older brother,” former prosecutor general-turned-presidential candidate Yoon Seok-youl said on the SBS variety show “Master in the House.” Yoon is set to appear in episode 187 that will air Sunday, but it is already making...

2021-09-16

Real estate demonizers

Watching the debate among six presidential candidates running for the ruling Democratic Party (DP) nomination, the audience must have been half relieved and half worried. They would have been relieved by the serious debate over...

2021-07-14