China’s real property problem: slowing supply

As China slows down, leaders in Beijing are understandably turning to one of their favored growth stabilizers: housing. A record decline in new-home prices in January has, as my Bloomberg News colleagues reported this week, prompt...

[Editorial] Revolving door

President Park Geun-hye appointed Lee Byung-kee, head of the National Intelligence Service, as the new Blue House chief of staff, inviting criticism for yet another revolving door appointment. Known as a close associate of Park wh...

[Editorial] Commitment to reform

The allegation that the National Intelligence Service manipulated the press during the 2009 investigation of former President Roh Moo-hyun on suspicion of receiving bribes is yet another reminder of the NIS’ predilection for medd...

[Robert B. Reich] We’re all independent contractors

GM is worth around $60 billion and has more than 200,000 employees. Its front-line workers earn from $19 to $28.50 an hour, with benefits.Uber is estimated to be worth some $40 billion and has 850 full-time employees. Uber also ha...