Koreans who believe in participatory democracy and have ideas on how to tame inflation now have a shot at making their voices heard.

Starting Friday, the South Korean government is accepting suggestions on how to stabilize prices on www.착한물가.com. The submission deadline is Aug. 26, and the government will award a total KRW10 million to 21 people with the best ideas, with the first prize winner getting KRW3 million.

"We...