In this blog post, we’ll take a detailed look at how prion proteins cause mad cow disease and how it spreads to humans.   How is mad cow disease transmitted? In 2008, during trade negotiations on beef as part of the Korea-U.S. FTA, an agreement was reached to allow the full importation of beef; however, due to widespread public opposition, the negotiations ultimately resulted in a deal for...

Why does the central bank have to keep printing money? It is not a simple choice, but rather a result of the inevitable structure and role of the economic system. In this article, we will explain in simple and clear terms why the central bank cannot stop printing money and the economic background behind it.   The Role of the Central Bank The lower the reserve requirement ratio, the less...

In this blog post, we’ll explore how control technology is being applied in industrial settings and daily life to drive change.   The Importance and Applications of Control Technology Control technology refers to the process of regulating physical quantities such as temperature, pressure, flow rate, and rotational speed to ensure that machines and equipment operate as intended. There are...

In this blog post, we’ll explore why electric vehicles are set to become central to the future from environmental, technological, and policy perspectives.   Comparison of Gasoline/Diesel Cars and Electric Vehicles Recently, an extraordinary event occurred in the U.S. when the stock price of a certain automaker surged by over 1,000%. The company in question is “Tesla,” an electric vehicle...

An altruistic life is not merely a sacrifice; it is a choice that benefits both the individual and society in the long run. We will explore why selfish behavior ultimately leads to loss and why altruism is an important value in human society.   Is there a reason to live rightly? Before discussing the answer to this question, we must first define what it means to live rightly. Here, we will...

Banks contribute to economic stability and create social value. In this blog post, we will examine the public interest in finance and how microcredit helps people achieve economic self-reliance.   What Is the Core Function of a Bank? A bank’s primary function begins with attracting deposits from people with surplus funds and lending to those who need capital. However, this process is not...

In this blog post, we examine the reliability and limitations of the difference-in-differences method, which is widely used to evaluate policy effects in situations where experiments are difficult to conduct.   In economics, there are many instances where the effects of a policy must be evaluated to facilitate evidence-based policy discussions. This process is crucial for resolving social...

In this blog post, we examine whether we are truly living in an era of peace and whether we are overlooking invisible threats.   Today, most people do not live in fear of being massacred tomorrow for no apparent reason, nor are they gripped by the terror that war will break out and they will lose everything. They can also travel over mountains without worrying that a Robin Hood-like figure...

In this blog post, we revisit the essence of convergence and examine whether the convergence we have achieved today is truly creative or merely an imitation.   We are truly in the age of “convergence.” From various academic fields to industry, culture, and society at large, “convergence” is arguably one of the hottest keywords of our time. In fact, the concept of convergence did not emerge...

In this blog post, we explore the secrets of these connections through scientific experiments and data analysis to determine whether the “six degrees of separation” theory—which originated in offline human relationships—still holds true in the digital world and web networks.   In the novel *Chains* by the renowned Hungarian author Frigyes Karinthy, the protagonist says: “I can connect to...