Yue Chim Richard Wong 王于漸

Currently viewing the category: "Rekindling HK’s Magic"

Factors Critical for Improving Intergenerational Mobility

By YueChim Richard On 2014/05/07 · Add Comment · 6,004 views

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Upward Mobility in the US and Hong Kong (Part 1)

By YueChim Richard On 2014/04/30 · Add Comment · 8,183 views

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Polarization of the Chief Executive Elections and Political Development (Part 4)

By YueChim Richard On 2014/04/23 · Add Comment · 6,588 views

(This essay was published in Hong Kong Economic Journal on 23 April 2014) The development of majoritarian democracy in Hong Kong is both a moral issue and a practical collective issue of grave consequence. Politicians on both sides have spun a narrative urging the public to action based on first principles without considering that the consequences could be both politically and morally hazardous. None of us are able to see the future clearly, but this should not be an excuse for not making the effort. Politicians who ignore the potential consequences of their actions commit the ultimate irresponsible act. On matters of grave importance any proposed action should be required to pass two moral tests, not just one: whether it is intrinsically right and whether its consequences are acceptable. It should not come down to a test that only provides a convenient narrative for the politicians concerned.

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The Chief Executive Elections and Political Development (Part 3) – Popular Political Representation through Functional Constituencies

By YueChim Richard On 2014/04/16 · Add Comment · 6,659 views

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The Chief Executive Elections and Political Development (Part 2) – Functional and Geographical Constituencies Compared

By YueChim Richard On 2014/04/09 · Add Comment · 12,223 views

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The Chief Executive Elections and Political Development (Part 1)

By YueChim Richard On 2014/04/02 · Add Comment · 5,083 views

(This essay was published in Hong Kong Economic Journal on 2 April 2014) It is well worth exploring, however, ways to reconstitute the election of representatives in the functional constituencies . . . . because they affect both the nomination of the Chief Executive and the election of members to the Legislative Council in a politically substantive way. How we reform this element of the political landscape in Hong Kong at this juncture . . . . is critical for the near and distant future. Reconstituting the elections to functional constituencies could suggest a pathway of future political development in Hong Kong and hopefully revive faith in the idea that democratic development should be a process of building institutions and trust among different parties. It would then focus our minds on the central task of building a more representative government that can work effectively for the long-term interest of the Hong Kong people.

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Tackling Long-term Budget Deficits in a Free and Ageing Society (Part 3)

By YueChim Richard On 2014/03/26 · Add Comment · 4,651 views

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Health Care and Rising Public Budgets in a Free Society (Part 2)

By YueChim Richard On 2014/03/19 · Add Comment · 7,957 views

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On Balancing Rising Long-Term Budgets for a Free Society (Part 1)

By YueChim Richard On 2014/03/12 · Add Comment · 6,144 views

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Fears, Economic Crises, and Political Coalitions in the Rise of the Welfare State

By YueChim Richard On 2014/02/26 · Add Comment · 4,948 views

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When Society and Politics become a Tyranny of Minorities

By YueChim Richard On 2014/02/19 · Add Comment · 7,983 views

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Rising Government Expenditures – Tyranny of the Majority, Tyranny of the Minorities and Bureaucratic Inertia

By YueChim Richard On 2014/02/12 · Add Comment · 7,506 views

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Tackling Poverty through Redistribution and Growth (Part 2)

By YueChim Richard On 2014/02/05 · Add Comment · 6,539 views

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Tackling Poverty through Redistribution and Growth (Part 1)

By YueChim Richard On 2014/01/29 · Add Comment · 8,891 views

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Divorce, Inequality, Poverty, and the Vanishing Middle Class (II) – Rekindling Hong Kong’s Magic (Part VI)

By YueChim Richard On 2014/01/01 · Add Comment · 34,626 views

(This essay was published in Hong Kong Economic Journal on 1 January 2014) The public rental housing program had an in-built incentive that provided encouragement for unhappy couples to divorce. . . . . The high and rising divorce rate in Hong Kong is therefore both a cause and an effect of higher housing prices and rents. It distorts the measured inequality in household incomes . . . . These economic and social changes were magnified through a public rental housing program that at best failed to protect the relative and absolute wealth position of families without property and at worst created perverse incentives that increased the divorce rate among the poor. . . . . Our present day public housing program is reproducing poverty across generations against a background of sustained rising private property prices.

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Factors Critical for Improving Intergenerational Mobility

Upward Mobility in the US and Hong Kong (Part 1)

Polarization of the Chief Executive Elections and Political Development (Part 4)

The Chief Executive Elections and Political Development (Part 3) – Popular Political Representation through Functional Constituencies

The Chief Executive Elections and Political Development (Part 2) – Functional and Geographical Constituencies Compared

The Chief Executive Elections and Political Development (Part 1)

Tackling Long-term Budget Deficits in a Free and Ageing Society (Part 3)

Health Care and Rising Public Budgets in a Free Society (Part 2)

On Balancing Rising Long-Term Budgets for a Free Society (Part 1)

Fears, Economic Crises, and Political Coalitions in the Rise of the Welfare State

When Society and Politics become a Tyranny of Minorities

Rising Government Expenditures – Tyranny of the Majority, Tyranny of the Minorities and Bureaucratic Inertia

Tackling Poverty through Redistribution and Growth (Part 2)

Tackling Poverty through Redistribution and Growth (Part 1)

Divorce, Inequality, Poverty, and the Vanishing Middle Class (II) – Rekindling Hong Kong’s Magic (Part VI)

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