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Eric Talmadge

For Eric Talmadge's latest contributions to The Japan Times, see below:

How much is a dollar worth in North Korea?

Feb 6, 2017

How much is a dollar worth in North Korea?

To get a feel for how North Korea’s economy works, go buy a roll of toilet paper. Or start up a mobile phone network. As capitalist-style markets have grown more important in North Korea, so has a market-friendly exchange rate for the much-coveted U.S. ...

North Korea orders citizens to work harder

Jun 26, 2016

North Korea orders citizens to work harder

The bright red slogans hang from buses, government buildings and even some restaurants and gas stations, urging North Koreans to work harder to make the country’s 200-day “speed campaign” a success. “Have you carried out the plan for today?” one poster asks. It’s the ...