While reunification is their long-term desire and eventual goal, the South Koreans have decided that the economic costs of a Korea reunited overnight--say, by mutual agreement--will be so horrendous to the South that it is preferable to delay it for the time being. #LeeKuanYew

Comments

Popular posts from this blog

Adam Smith called it the paradox of value: when an important good becomes plentiful, it costs far less than what people are willing to pay for it. The difference is called consumer surplus, and the explosion of this surplus over time is impossible to tabulate. #StevenPinker