Recent Posts

Killing Korea’s inheritance tax would be a smarter move

South Korea’s corporate watchdog is going after charities that the nation’s family dynasties may have been using to skirt power-diluting inheritance taxes and maintain control, according to a Bloomberg News report recently. That’s a smart move, but an incomplete one. For the crackdown on the $12 billion in foundation money held by chaebol including Samsung Group and Hyundai Motor Group ...

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A raw deal from Betsy DeVos

Under President Barack Obama, the government took steps to impose greater accountability on the industry and protect students from predatory schools. The policy is both just and cost-effective: For-profit schools saddle students with more debt and lead to higher default rates than traditional schools. In 2016, the department issued the gainful-employment rule, which requires any educational program receiving federal student ...

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Asia’s cities could save the planet

The world’s cities will add 2.5 billion more residents by 2050, more than half of them in Asia. The effect of this great migration on climate change will depend in part on what kind of homes, factories and office buildings they live and work in. It’s a seemingly minor but significant issue that should attract attention from officials gathered at ...

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