BUSINESS & ECONOMICS EDITOR'S PICK How Luxury Defies Economic Laws Key Takeaway: The law of demand, which states that as prices rise, demand generally falls, is a fundamental principle in economics. However, some goods, such as Veblen and Giffen goods, challenge this rule. Veblen goods, also known as “snob” goods, are valued for their prestige, exclusivity, and social standing. They are valued for their intrinsic […] Saving Bookmark this article Bookmarked
EDITOR'S PICK SCIENCE The Big Bang: Inside The Explosive Origin Of Everything Key Takeaway: The Big Bang theory describes the universe’s birth as a massive explosion nearly 14 billion years ago, sparking everything we know today. Scientists discovered this event in 1929 with Edwin Hubble’s discovery of distant galaxies moving away from each other. The cosmic microwave background (CMB) in 1964 provided direct evidence for the Big […] Saving Bookmark this article Bookmarked
EDITOR'S PICK TECHNOLOGY The Brains Behind The A.I. Revolution Key Takeaway: Princeton physicist John Hopfield and University of Toronto computer scientist Geoffrey Hinton were awarded the Nobel Prize in Physics for their groundbreaking work in deep learning, which has significantly transformed the artificial intelligence landscape. Hopfield’s work, known as the Hopfield Network, demonstrated the dynamic behavior of neural networks and the ability to store […] Saving Bookmark this article Bookmarked
EDITOR'S PICK SCIENCE The Path To Human Invisibility Key Takeaway: Researchers from Stanford University have successfully made the skin of live mice appear transparent under specific lighting conditions, paving the way for medical imaging and biological research. The researchers used a food dye called tartrazine, which alters how light interacts with biological matter. By adjusting the refractive index, they allowed light to pass […] Saving Bookmark this article Bookmarked
EDITOR'S PICK SOCIOLOGY The Dark Side Of Digital Drama Key Takeaway: The subreddit “Am I the Asshole?” has become a cultural phenomenon, with 20 million members and a focus on dissecting digital disputes. The platform encourages users to share stories about their non-violent conflicts, transforming them into moral judgments with quick votes and comments. AITA’s success lies in its structured approach to storytelling, which […] Saving Bookmark this article Bookmarked
BUSINESS & ECONOMICS EDITOR'S PICK The Comeback Of China’s Tech Billionaires: A New Dawn Or Controlled Market? Key Takeaway: Pony Ma, co-founder of Tencent Holdings, has regained the title of China’s richest individual with a net worth of over A$65 billion. His rise reflects Beijing’s control over its private sector, which aligns with the state’s goals in China’s unique “socialist market economy.” Tencent’s success, including the AAA video game “Black Myth: Wukong,” […] Saving Bookmark this article Bookmarked
EDITOR'S PICK SCIENCE How Science Is Redefining The Boundaries Of Life And Death Key Takeaway: Scientists have discovered a “third state” that blurs the line between life and death, revealing that cells can continue functioning even after death. This concept was first explored in frog embryos, where cells reorganized into xenobots and anthrobots, which can repair damaged neuron cells. The plasticity of cellular systems is believed to drive […] Saving Bookmark this article Bookmarked
EDITOR'S PICK SCIENCE Volcanoes On The Moon? Key Takeaway: China’s Chang’e 5 mission has challenged long-held assumptions about the Moon’s volcanic past, suggesting eruptions occurred far more recently than expected. The lunar landscape might not have been as dormant as once believed, with volcanic activity on the Moon potentially being active as recently as 120 million years ago. The findings suggest that […] Saving Bookmark this article Bookmarked
EDITOR'S PICK SCIENCE The Mystery Of Horse Domestication Key Takeaway: Horse domestication remains a mystery, despite its significant impact on human civilization. The Indo-European or “Kurgan hypothesis” suggests that horse domestication began on the steppes of western Asia, specifically among the Yamnaya people. However, recent advances in technology have revealed that the horses from the Botai culture were not the ancestors of today’s […] Saving Bookmark this article Bookmarked
EDITOR'S PICK STRATEGY The Power Of Small Changes: How Marginal Gains Lead To Extraordinary Success Key Takeaway: The British cycling team’s 2008 Beijing Olympics victory was a result of a simple strategy: the pursuit of marginal gains. The team’s coach, Sir Dave Brailsford, believed that success could be achieved by making a series of 1% improvements across every aspect of the cyclists’ gear, stamina, and physical conditioning. This principle, known […] Saving Bookmark this article Bookmarked
The Science Of Airports: How Travel Transforms Us Key Takeaway: Airports often lead to unusual behavior, such as drunken brawls and flight diversions. The psychology of travel can influence this behavior, as the promise of vacation can shift our mindset into anticipation and liberation. The overwhelming noise, crowds, and constant hustle can overload our senses, leading to stress-induced irritability and unexpected outbursts. Airports […] Written by Empirics Asia February 3, 2025February 3, 2025 Saving Bookmark this article Bookmarked
The Hidden Side Of Shipwrecks Key Takeaway: Over 8,500 shipwrecks from two devastating world wars pose a significant threat to marine ecosystems and coastal communities. These underwater time capsules contain up to 6 billion gallons of oil, munitions, toxic heavy metals, and chemical weapons. The degradation of these wrecks is accelerating due to rising ocean temperatures, increasing acidification, and more […] Written by Empirics Asia January 27, 2025January 27, 2025 Saving Bookmark this article Bookmarked
How Korea’s Cultural Revolution Is Shaping The World Key Takeaway: South Korea’s cultural exports have surged to unprecedented heights, with the latest season of “Squid Game” solidifying its position as a global entertainment powerhouse. The “Korean Wave” or Hallyu, which includes TV series, movies, animation, and music, has generated approximately US$3.7 billion annually for South Korea through exports, consumer spending, and tourism. The […] Written by Empirics Asia January 20, 2025January 20, 2025 Saving Bookmark this article Bookmarked
The Existence Of Extraterrestrial Life Key Takeaway: A study published in Nature Astronomy found a strong consensus among scientists that extraterrestrial life exists in the universe. The survey, which involved 521 astrobiologists and 534 non-astrobiologists, found that 86.6% agreed or strongly agreed that some form of extraterrestrial life exists. The study also found that 67.4% of astrobiologists and 58.2% of […] Written by Empirics Asia January 16, 2025January 16, 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
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