The Economics of the Hammer

There was a saying by sociologist Maslow that everything in the world looks like a nail head to a man with a hammer. It really was. I have had a sense to compare work sites after working in various ways for a long time. There was a big difference between working in the sun (active) and meeting a certain number of colleagues in a small space. The limited people and limited space you meet every day narrow your horizons. When I worked in an office or an electrical room or a machine room, I always read books related to world history, geography, and diplomacy from time to time because I was afraid of narrowing my horizons.

 

As I've often mentioned, the biggest reason for the Korean government's disruption is that it was born based on an internal group called the prosecution. From the beginning, it seemed unreasonable for all the views, habits, and thinking systems of the regime to be globalized. Though unintentionally (they could have tried to do well), the limitations of ability seem to have clearly demonstrated the feedback relationship between investment and fruit.

 

Considering the link between economic policy events

 

1. in the prosecution's position

 

2. the birth of a conservative view of the prosecution

 

3. The birth of a government from conservative political prosecutors

 

4. The regime has a far-right bias view, not a nationwide view

 

5. Reducing taxes on rich people based on supply-oriented economics

 

6. a lack of tax revenue

 

7. Reduce foreign currency reserves (using foreign currency instead of tax revenue, reducing exports)

 

8. Increasingly resembling the IMF bailout days

 

It is difficult to have the same link as above. Worse yet, Seoul has played a role in aggravating the conflicting relationship of the global new Cold War through ideological politics. Conflict and struggle relationships have a large negative synergy effect. It should be thought of as losing not only the loss at that time, but also the opportunity cost of not developing. Of course, the effects of national policy appear over time, so there may be a situation where the next government has to try to compensate for the losses.

 

In many ways, the operation of the Korean government should be considered to have been operated in a very negative and negative atmosphere.