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Editorial The Google Algorithm Published: July 14, 2010 Google handles nearly two-thirds of Internet search queries worldwide. Analysts reckon that most Web sites rely on the search engine for half of their traffic. When Google engineers tweak its supersecret algorithm — as they do hundreds of times a year — they can break the business of a Web site that is pushed down the rankings. 구글은 전세계적으로 인..

Editorial Gambling Fever Published: July 4, 2010 Gamblers aren’t the only ones prone to jackpot delusions. Politicians all over see casinos as magic revenue chests that will help them avoid painful spending cuts, escape the trap of no-tax pledges and make budget gaps vanish. New York is no exception. 도박꾼들만 잭팟의 환상에 빠져있는 게 아니다. 정치꾼들은 완전히 카지노를 고통스런 지출삭감을 피하고, 무과세 공약의 덫에서 빠져 나오고, 예산부족을 사라지게 해주는 마법의 ..

Bad language Against fairness What’s wrong with the British coalition government’s favourite word Jul 1st 2010 HOW could anybody dislike the notion of fairness? Everything is better when it is fair: a share, a fight, a maiden, a game and (for those who think blondes have more fun) hair. Even defeat sounds more attractive when it is fair and square. 누구라도 ‘fairness’란 개념을 어떻게 싫어할 수 있을까? ‘Fair’ 하면 모..

South Korea's industrial giants The chaebol conundrum Korea Inc is back and booming. So it’s time to stop coddling the all-conquering chaebol Mar 31st 2010 | From The Economist print edition PERHAPS it is the result of being sandwiched between the imperial dynasties of China and Japan. It may have something to do with having a nuclear-armed hermit to the north. Whatever the reason, South Koreans..

Editorial Dial-Up Law in a Broadband World Published: April 8, 2010 The Internet has given the government powerful 21st-century tools for invading people’s privacy and monitoring their activities, but the main federal law governing online privacy is a 20th-century relic. Adopted in 1986, it has had trouble keeping up with technological advances and is now badly out of date. 인터넷은 정부에게 사람들의 사생활을 침..

Editorial Google and China Published: March 23, 2010 Google’s decision to stop censoring its search service in China on Monday was a principled and brave move, a belated acknowledgment that Internet companies cannot enable a government’s censorship without becoming a de facto accomplice to repression. 월요일 중국에서의 검색엔진서비스 검열을 중단한 구글의 결정은 원칙에 의거한 용감한 조치였다. 정부의 검열을 가능하게 하면 사실상 억압의 공범자가 된다는 걸 뒤늦게 인정한 ..

Smokescreen Blaming speculators for sovereign-debt woes is misguided. Banning them would be worse Mar 11th 2010 | From The Economist print edition GREECE had a budget deficit of 12.7% of GDP in 2009. It has a record of dodgy accounting. Its own leaders acknowledge how dire its fiscal situation is. George Papaconstantinou, the country’s finance minister, summed it up pretty well last month. “Peop..

Editorial Climate Change Published: February 21, 2010 Yvo de Boer’s resignation on Thursday after nearly four tumultuous years as chief steward of the United Nations’ climate change negotiations has deepened a sense of pessimism about whether the world can ever get its act together on global warming. Mr. de Boer was plainly exhausted by endless bickering among nations and frustrated by the failu..