A Quote by Eric Nam
What works in the States doesn't easily translate to the Korean market.
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I love Korean rice and Korean food in general. Korean barbecues are cool - there's a table with a hole in it with fire coming through, and we throw meat on it.
The '80s market was only a Japanese market. It was the Japanese outbidding each other for the most expensive works of art. When the Japanese economy went down the tubes, there was no one left to pay the prices that have been recorded for all of those works.
If you're in the rural South, you don't get Korean TV, unless you can find a Korean grocery guy who has been taping Korean programs and then offering them.
Korean, yes, I am now fluent in Korean. I was not always. When I got to Korea, I was constantly put on TV shows not knowing what was going on. So that forced me to learn Korean so I could stop looking like an idiot.
When you look at a commodities market you need hedgers and speculators. If you don't have one, you don't have a market. That's how it works.
Our job is to understand where the market is heading and translate that into practical action.
The United States is a huge market, and once you get rolling, you can replicate that model over and over pretty easily. Your supply lines are taken care of. You don't have technicians to deal with. You've got your customer base.
What works in a story is very different than what works in cinema. For example, dialogue in books: If you translate it too faithfully, it sounds a little stilted, because we often don't speak the way we speak in novels. Oral language is much punchier, shorter sentences.
The United States stock market, the most iconic market in global capitalism, is rigged.
It is the professed goal [of U.S. multinational corporations] to control as large a share of the world market as they do of the United States market.
The Korean economic miracle was the result of a clever and pragmatic mixture of market incentives and state direction.
Keynes tried to show that market economies could settle in equilibrium states in which the labour market did not clear, and in which the level of unemployment was high. He believed that this was due to a particular example of market failure, developed in his concept of effective demand.
I live in the United States for years. No one has to translate anything for me.
I view all art as an effort to translate brain concepts into a work. These brain concepts are synthetic ones - the result of many experiences. But a single work of art, or even a series of works, more often than not cannot translate these synthetic concepts adequately. Yves Saint Laurent once said that he suffered greatly when creating. He is not alone in that. Most artists do the same and say as much.
I think socialism is really about recognizing that there are limits to what the market can do. The market is very useful; at times it works very well, but it doesn't always work.
We want a free market, but we know that the paradox of a 'free' market is that sometimes you have to intervene. You have to make sure it's not the law of the jungle but the laws of democracy that works.
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