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
BUSINESS & ECONOMICS EDITOR'S PICK Reviving State Power: The New Era of Industrial Policy Key Takeaway: State intervention in global economics is gaining momentum, particularly since the 2010s, due to financial crises, geopolitical tensions, and the fragility of global supply chains. The relationship between exports and protectionism is complex, as successful industrial and trade policies often blend export promotion with elements of protectionism. South Korea and Taiwan have used […] Saving Bookmark this article Bookmarked
EDITOR'S PICK SCIENCE How Modern Culture Is Surpassing Human Evolution Key Takeaway: Research indicates that modernization and rapid technological advancements are contributing to contemporary problems such as mental health issues. An evolutionary mismatch theory suggests that our physical and psychological adaptations become misaligned with the environment, leading to issues like tooth decay, obesity, and diabetes. The modern world also presents challenges such as crowded cities, […] Saving Bookmark this article Bookmarked
EDITOR'S PICK SOCIOLOGY The Maths Of Societal Collapse Key Takeaway: The author, a historian and complexity scientist, has been studying history for over a decade, noticing patterns in the past. They have been working on cliodynamics, a new field that uses statistical methods and computational simulations to understand how complex systems change over time. The Seshat: Global History Databank, a collection of over […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK POLITICS The Future Of China’s Semiconductor Industry Key Takeaway: China’s national champions for semiconductor design and manufacturing, HiSilicon and Semiconductor Manufacturing International Corporation (SMIC), are making waves in Washington. Huawei’s launch of the Huawei Mate 60 smartphone in August 2023 showed that Chinese self-sufficiency in HiSilicon’s semiconductor design and SMIC’s manufacturing capabilities were catching up at an alarming pace. The US has […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK How Netflix Has Been Growing Itself Key Takeaway: Netflix, a streaming giant, experienced a decline in subscribers in 2022 due to competition from Disney and Amazon Prime. However, it has since rebounded, adding 8.8 million subscribers in Q3 2023. The company’s success can be attributed to its international approach, with over 70% of its subscribers coming from outside the US. It […] Saving Bookmark this article Bookmarked
EDITOR'S PICK POLITICS The Geopolitical Future Of Microchips A conflict between the US and China over computer chips – or semiconductors – has been escalating in recent months. In particular, the US has taken steps to limit China’s access to advanced chip technology amid heightened international competition in the area. The US recently tightened export controls to undercut China’s access to high-end chip manufacturing equipment and […] Saving Bookmark this article Bookmarked
EDITOR'S PICK POLITICS The Secret Geopolitics Of FIFA World Cup 2022 Key Takeaways: The Fifa men’s World Cup 2022 in Qatar is arguably the most political in history. Qatar Airways is an effective instrument of soft power, transmitting signals to global audiences about what Qatar is and what it aspires to be. The Fifa men’s World Cup 2022 in Qatar is arguably the most political in history. […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK China: The Future Of The Car Industry? Europeans and other western nations have dominated automotive excellence for over a century. Whether it is the satisfying thud of the door closing on a Volkswagen from Wolfsburg, or the beauty of a Ferrari from Modena, these brands are iconic – and very lucrative for their manufacturers. When we think of reliability, the Germans, and latterly the Japanese, have […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK SOCIOLOGY TECHNOLOGY What Is The Metaverse? Facebook’s Plan To Change The World Facebook chief executive Mark Zuckerberg recently announced the tech giant will shift from being a social media company to becoming “a metaverse company”, functioning in an “embodied internet” that blends real and virtual worlds more than ever before. So what is “the metaverse”? It sounds like the kind of thing billionaires talk about to earn headlines, […] 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