Observations on South Korea

Tyler Cowen (at Marginal Revolution) linked an interesting and pertinent article on the cultural dimension of development and “success” in South Korea:, which sounds a lot like what I’ve been saying over the years: South Korea’s success has been deep but not wide. Almost half of its population lives, works and competes in Seoul. Its occupational structure is also narrow. The number of professions in South Korea is only two-thirds of the number in Japan and only 38% of that in America. This striking statistic is not lost on the South Korean government (few are). It has appointed a task force …

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The Mathematics of Happiness

Over on Huffington Post, a recent piece got a lot of attention–at least, if the number of times it came up on my Facebook feed is any indication. The piece, originally posted at wait but why, titled “Why Generation Y Yuppies Are Unhappy,” analyzes a very simple idea: The members of Generation Y (defined as people born anytime from the 1970s to the 1990s)–or at least a subset of them–are not happy. Why? They’re “GYPSYs”: Generation Y Protagonists & Special Yuppies. They are “a unique brand of yuppie, one who thinks they are the main character of a very special …

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