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Gift-giving in Joseon: Part 1

They say that time is the most precious thing in life - far more valuable than money or luxury goods. People often freely (and sometimes, grudgingly) give and receive it between fr.

Gift-giving in Joseon: Part 1

Often business is nothing more than the purchase of another person’s time. But sometimes, it takes a physical form. One of the earliest business transactions involving Americans and Koreans took place in the summer of 1883 when Kim Ok-kuin, a Korean official, purchased a number of items from James R. Morse, an American businessman who owned “The American Clock & Brass Company” in Yokohama, Japan.

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