Banks are vital financial institutions that hold funds and facilitate the smooth flow of money through lending. However, if a bank fails, it can destabilize the financial system and cause a major shock to the economy as a whole. Are banks the heart of the economy, or a ticking time bomb? On March 10, 2023, Silicon Valley Bank (SVB) in the U.S. went bankrupt. This was the second-largest...
Silver Nanotechnology: Innovation and Risks—Is Future Technology a Blessing or a Challenge?
In this blog post, we’ll explore the innovations brought about by silver nanotechnology, the potential risks associated with it, and whether future technology will be a blessing or a challenge. Lately, the term “nano” has become ubiquitous. Nanotechnology has been applied across various fields and has become deeply embedded in our daily lives. From smartphones to cosmetics and medical...
Ethics and Science: Can Stem Cells Find a Path Forward?
In this blog post, we’ll explore the different types of stem cells, their potential, and the balance between these possibilities and ethical concerns. Stem cells are a term that anyone interested in life sciences has likely heard at least once. Stem cells are gaining attention as the key to solving numerous intractable diseases, and their importance is growing by the day. However, few...
How Did YouTube Become a Global Platform Through Technological Innovation?
In this blog post, we’ll explore how YouTube has become an integral part of people’s daily lives around the world through technological advancements. YouTube is a video platform with 2 billion monthly users and an average of 1 billion hours of watch time per day. These staggering user numbers and viewing figures demonstrate that YouTube has gone beyond being a simple video-sharing site to...
Where is Utopia? How can we get there?
In this blog post, I’d like to take a deep look at where Utopia actually exists and how we can make our way there. For Utopia “The wolf will dwell with the lamb, and the leopard will lie down with the young goat; the calf and the lion and the fatling together, and a little child shall lead them. The cow and the bear shall graze; their young shall lie down together; and the lion shall eat...
How Do Banks Work? (The Hidden Mechanisms of Deposits and Loans)
Banks use deposited money to provide loans, and in reality, not all of that money remains in the bank. Discover the hidden principles of the banking system, which originated with goldsmiths! The Money You Borrow Isn’t Actually in the Bank The “reserve requirement” means that banks must keep only 10% of total deposits on hand, while the rest can be lent out. However, for this to work...
Why do we keep chasing and waiting for things even though we know we can’t get what we want?
In this blog post, I’ll explore why we continue to chase and wait for things even though we know we can’t get what we want in life. I’ve had some reflections on my ordinary daily life. This summer break was a time when I was able to think deeply. Nothing special happened, but I felt a lot from those ordinary days. I’d like to write down some of the things that come to mind. During the...
Why Should We Participate Fairly in Group Projects?
In this blog post, we’ll explore the free-riding problem that arises in group projects during college classes and discuss possible solutions. It’s the day before the group project presentation, but there’s no sign of the presentation script or PowerPoint slides—not a single thing—despite having asked the group members for them. There are four members in total, including the protagonist...
Why Can’t the Human Body Regenerate Completely, and Could Animal Testing Be the Solution?
In this blog post, we’ll explore why the human body cannot regenerate completely and whether animal testing offers a potential way to overcome this limitation. Humans cannot restore lost body parts, such as a finger or nose severed in an accident, to their original form. Such physical loss is not merely a cosmetic issue; it leads to functional impairment, causing significant inconvenience...
Why Should Philosophy of Science Be Offered as a Required General Education Course for STEM Students?
In this blog post, we will take an in-depth look at why philosophy of science serves as an essential academic foundation for STEM students, going beyond a mere general education requirement. The philosophy of science is extremely important. It addresses the identification and articulation of problems, clear thinking and expression, and the art of argumentation and persuasion. These skills...