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Why did Hayek view government intervention with such suspicion?

This blog post examines why Hayek considered government intervention dangerous and explores the philosophical and economic background behind his views.   Depression and inflation strike simultaneously While Keynes was triumphantly advocating for government intervention, there was someone who held diametrically opposed views on the causes of the crisis and how to overcome it. That person was...

Is it truly wise to begin investing during a market crash?

This blog post examines the psychology and strategy behind why some investors seize opportunities amidst the extreme fear of a market crash.   When others fear, be greedy Whether it’s investing or sales, ultimately, it’s an act of generating profit through “transactions” in the market. So where does this profit, or gain, come from? It comes directly from the other party. To buy...

Why should sunk costs be excluded when making investment decisions?

In this blog post, we explore how to make better decisions without being tied to costs already paid.   Are sunk costs truly ‘costs’? When making decisions, we often think about ‘the costs incurred so far’. Phrases like “I’ve invested this much already…” or “We’ve come this far, so let’s just go for it” are something everyone has probably said at least once. But is...

Are quarks and electrons real, or merely assumptions for explanation?

This blog post examines, from philosophical and scientific perspectives, whether invisible theoretical entities like quarks and electrons actually exist or are merely scientific assumptions for explanation.   In Conan Doyle’s stories, Sherlock Holmes tracks down clues to crimes and solves cases with remarkable insight and observation. Holmes’ explanations are always more...

What do the cryptocurrency craze and the 17th-century Dutch tulip mania have in common?

What similarities exist between the 2024 cryptocurrency craze and the 17th-century Dutch tulip mania? We examine the commonalities in the history of dangerous speculation and mania.   Why Abnormal Currents Appear in the Market For those unfamiliar with the ‘Greater Fool Theory,’ every day is April Fools’ Day. I’ve been reading a lot of books on investing lately and came across an...

To what extent can we trust the possibility that rape functioned as a reproductive strategy?

This blog post examines the possibility that rape functioned as a reproductive strategy in past environments from a biological perspective. It analyzes the evidence supporting this claim through situations of weakened norms and animal case studies.   There is no doubt that rape is a heinous crime and morally wrong. However, this article does not address the moral perspective; instead, it...

Should South Korea continue to maintain its nuclear power plants?

This blog post delves deeply into the direction South Korea should take, examining safety, economic viability, and the potential for future energy transition surrounding its reliance on nuclear power.   The 2011 Tohoku earthquake in Japan triggered the Fukushima Daiichi nuclear disaster, re-emphasizing the dangers of nuclear power to the world for the first time since the 1986 Chernobyl...

Is rape behavior instinctive, or is it a product of social learning?

In this blog post, we examine the various academic debates surrounding the origins of rape behavior and explore which explanation—instinct or social learning—provides a more compelling account.   The dictionary definition of rape is the crime of forcing someone to have sexual intercourse. Because rape inflicts severe harm on victims that goes beyond mere physical injury, academic discussions...

How do ultra-precise balances measure the mass of minute substances using the piezoelectric effect?

In this blog post, we explore in detail how ultra-precise balances utilize the piezoelectric effect to measure the mass of extremely minute substances like gas molecules or DNA.   Balances typically measure mass using the lever principle or by detecting changes in electrical resistance. So how do ultra-precision balances measure the mass of minute substances like gas molecules or DNA? To...

How will superconductors solve the energy loss problem and transform society?

This blog post explores how superconductors address energy loss issues and what changes they could bring to our society and technology.   Modern science states that energy is conserved throughout the entire universe. However, energy useful to humanity often transforms into useless energy. In daily life, not all energy people use when performing work is actually utilized for that work. This...