BUSINESS & ECONOMICS EDITOR'S PICK The Flawed Theory Behind Why Nations Prosper Key Takeaway: Daron Acemoglu, Simon Johnson, and James Robinson were awarded the 2024 Nobel Memorial Prize in economics for their book Why Nations Fail, which argued that countries succeed when they adopt inclusive institutions like democracy, while extractive institutions stifle growth by concentrating power and wealth in elites. However, their theory has faced criticism for […] Saving Bookmark this article Bookmarked
CULTURE EDITOR'S PICK Unlocking The Secrets Of The Singapore Stone Key Takeaway: The Singapore Stone, an ancient epigraph measuring three-by-three meters, was discovered in 1819 but was almost entirely lost. Three fragments were saved by Scottish military officer James Low and sent to the Royal Asiatic Society’s Museum in Calcutta. The remaining fragments are unknown, and the script remains undeciphered. The epigraph’s origin is unknown, […] Saving Bookmark this article Bookmarked
EDITOR'S PICK SOCIOLOGY Complex Identity Of The Modern Individual In Japan After having lived as an isolated feudal society for more than 250 years, Japan opened its doors to the rest of the world when the United States sent Commodore Matthew Perry to Japan to issue a treaty of trade. The Meiji period from 1868 to 1912 led to enormous fundamental changes in Japan’s political, economic, […] Saving Bookmark this article Bookmarked
EDITOR'S PICK TECHNOLOGY The Limits Of Surveillance The Singapore police are to deploy two robots, named Xavier, on the streets of the city-state, intended to detect what they consider “undesirable behavior”, such as smoking in non permitted areas, street vending, or violation of pandemic-related restrictions on gathering or movement. The robots will report any infractions to officers at a central control. The deployment, still in […] Saving Bookmark this article Bookmarked
ENTREPRENEURSHIP Christantio Giovanni – Co-Founder of Oneshot This article was first published here: Christantio Giovanni – Co-Founder of Oneshot Aware that the complexities of video making were off putting for people who wanted to make videos to promote their businesses, Christantio Giovanni came up with a simple solution. What’s your story? I came to Singapore from Indonesia to complete a Diploma in […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK JOURNAL & RESEARCH Lessons From The 1997 Asian Financial Crisis In the mid-summer of 1997, much of East Asia was gripped by the Asian financial crisis. The crisis began in Thailand due to the mounting pressures of its exchange rate in the last quarter of 1996. The These mounting pressures arose from the increase of the already high current account deficits that engulfed the country at the […] Saving Bookmark this article Bookmarked
CULTURE EDITOR'S PICK JOURNAL & RESEARCH SOCIOLOGY Chinese Society From Confucius To Communist Revolution To figure out the effects of national events on a society and to understand how a society’s behaviour patterns are shaped throughout the history, one should understand that society’s or nation’s psychology. In order to understand a nation’s psychology, one should look at the social psychology discipline. Barons, Byrne & Suls (1989) characterize social psychology […] Saving Bookmark this article Bookmarked
ENTREPRENEURSHIP INTERVIEWS Hazarizq, Founder Of Insporeum Hazarizq (‘Rizq’ to his friends) is a creative entrepreneur hailing from Malaysia. Describing himself as a man with big dreams, he dropped out of his studies in International Business and started Ten Points Up, a successful creative production company and have worked closely with notable brands such as Good Vibes Festival, Urbanscapes Festival, Red Bull […] Saving Bookmark this article Bookmarked
CALLUM CONNECTS PIYASAK UKRITNUKUN, MD Abandoning his hopes of studying for an MBA, Piyasak Ukritnukun has turned a relatively small lending company into a billion dollar financial inclusion company. What’s your story? I was born in the US and came back to Thailand to study at Thammasat Business School in 1999. After college, I spent two years with Boston Consulting Group […] Saving Bookmark this article Bookmarked
CALLUM CONNECTS ENTREPRENEURSHIP INTERVIEWS ALEX NG, Founder and Director Never one to be constrained by convention, Alex Ng has created Singapore’s first unstaffed store, powered by AI. What’s your story? Since I was young, I have had the habit of choosing less popular or niche decisions. For example, instead of playing computer games during my secondary school days, I found more enjoyment in selling […] Saving Bookmark this article Bookmarked
How Venture Capital Is Redefining Military Tech Key Takeaway: Venture capital-backed startups, such as Anduril Industries, are transforming the defense sector by securing multi-million dollar contracts from the US Department of Defense and the UK Ministry of Defence. This surge in AI-driven defense technologies is driven by a relentless appetite for risk and innovation, with venture capital firms playing a pivotal role […] Written by Empirics Asia January 24, 2025January 24, 2025 Saving Bookmark this article Bookmarked
How Ultra-Fast Science Will Transform Our Future Key Takeaway: Attosecond science, a field that earned the Nobel Prize in Physics in 2023, uses ultra-short laser pulses to observe and manipulate matter on timescales previously thought impossible. This breakthrough has implications across various sectors, including computing, renewable energy, medicine, and beyond. Attosecond science harnesses the energy of laser light to emit rapidly moving […] Written by Empirics Asia January 22, 2025January 22, 2025 Saving Bookmark this article Bookmarked
The Rise Of Virtual Microbes? Key Takeaway: Researchers are using genome-scale metabolic models (GEMs) to study the complexities of microbial life, offering innovative solutions to climate change and space challenges. GEMs simulate the vast network of metabolic pathways within living organisms, allowing scientists to test and predict microbial behavior across diverse environments. They provide a detailed framework for understanding organisms’ […] Written by Empirics Asia January 15, 2025January 15, 2025 Saving Bookmark this article Bookmarked
Birkin Under Seige: Unlikely Challenge Of A Luxury Icon Key Takeaway: The “Wirkin” bag, a $78 imitation of Hermès’ Birkin bag, has gained popularity on TikTok, attracting millions of users. The bag, a clever portmanteau of “Walmart” and “Birkin,” allows everyday consumers to partake in high-end fashion without the exorbitant cost. The trend reflects a broader shift in societal values, where symbols of wealth […] Written by Empirics Asia January 14, 2025January 14, 2025 Saving Bookmark this article Bookmarked
Fusion: The Move Towards Unlimited Clean Energy Key Takeaway: In 2022, scientists achieved the “experiment of the century” at Lawrence Livermore National Laboratory, marking the first time a fusion reaction produced more energy than consumed. This achievement has attracted billions of dollars in private investment, particularly in the United States, to advance fusion technology. However, a myriad of engineering challenges remain before […] Written by Empirics Asia January 13, 2025January 13, 2025 Saving Bookmark this article Bookmarked
The Radical Future Of Data In Space Key Takeaway: The demand for data centers is increasing, but they come with a significant environmental cost. Space-based data centers could be a potential solution, as they can be deployed and scaled with unprecedented speed to meet the surge in data demand. Companies like Lumen Orbit and Ascend are exploring extraterrestrial solutions, leveraging solar energy […] Written by Empirics Asia January 10, 2025January 10, 2025 Saving Bookmark this article Bookmarked
The Biggest Fallacies Of Our Shopping Culture Key Takeaway: As the new year begins, it’s important to challenge consumer myths and adopt a more conscious approach to consumption. The fallacy of “more is better” is a myth that materialistic consumption leads to diminished personal happiness and societal wellbeing. Low-consumption lifestyles can bring personal fulfillment and environmental benefits. The myth of “new equals […] Written by Empirics Asia January 9, 2025January 9, 2025 Saving Bookmark this article Bookmarked
Rethinking Education Key Takeaways: The Industrial model of education that fueled the modern era and its dizzying reach did its job incredibly well. In his writing, Flynn illustrates study after study, spanning nations and decades, in which modern educational gift of abstraction — a transcendent sign of intelligence, as we saw in Raven’s Matrices — has been […] Written by Anthony Fieldman March 2, 2022October 19, 2022 Saving Bookmark this article Bookmarked
How China Is Transforming Its Economy Through Learning I highly recommend reading the McKinsey Global Institute’s new report, “Reskilling China: Transforming The World’s Largest Workforce Into Lifelong Learners”, which focuses on the country’s biggest employment challenge, re-training its workforce and the adoption of practices such as lifelong learning to address the growing digital transformation of its productive fabric. How to transform the country […] Written by Enrique Dans February 1, 2021February 1, 2021 Saving Bookmark this article Bookmarked
Why You’re Not Seeing Success With Influencer Marketing With the new year around the corner, now is a good time to re-evaluate your past marketing strategies and gear up for the year ahead. For some businesses, influencer marketing has simply not seemed to live up to its lofty promises of genuine engagement, credibility, and transparency. Some have claimed that it has been failing […] Written by Michael Tan January 14, 2021January 15, 2021 Saving Bookmark this article Bookmarked
A New Philosophy of Business I’m about to ask you to take a mental leap. For the next 8 minutes, suspend your notions of what a business is, and I’ll propose a new lens for you to look through. There are a lot of questions asked around what “community” means for business. “Where should community fit in my organization?” and […] Written by Empirics Asia September 5, 2018September 5, 2018 Saving Bookmark this article Bookmarked