Yue Chim Richard Wong 王于漸
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Hong Kong needs to weigh up social and economic concerns when designing retirement protection

By admin On 2015/12/30 · Add Comment · 4,971 views
(This essay was published in South China Morning Post on 30 December 2015.)
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Making Sense of the Fed’s Interest Rate Increase

By admin On 2015/12/23 · Add Comment · 2,735 views
(This essay was published in Hong Kong Economic Journal on 23 December 2015.)Milton Friedman demonstrated in his famous 1967 presidential address at the American Economic Association that the alleged relationship between labor market tightness and inflation should not be viewed as a trade-off between inflation and unemployment nor as a basis for conducting monetary policy.
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Wrong Move

By admin On 2015/12/23 · Add Comment · 2,846 views
(This essay was published in South China Morning Post on 23 December 2015.)
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Regulation, Rent Seeking, Innovation, and Economic Growth

By admin On 2015/12/16 · Add Comment · 3,237 views
(This essay was published in Hong Kong Economic Journal on 16 December 2015.)The Innovation and Technology Bureau will succeed if it focuses attention not only on a narrow set of scientific and technological issues, but also on lowering the barriers of market entry for new innovative businesses and increasing the supply of new talents and skills in the workforce . . . . . . Pulling oneself up by one’s bootstraps is not a winning strategy, building a virtuous circle is.
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New Age Strategy

By admin On 2015/12/16 · Add Comment · 2,828 views
(This essay was published in South China Morning Post on 16 December 2015.)
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Legal Origin and the Crisis in Hong Kong

By admin On 2015/12/09 · Add Comment · 2,894 views
(This essay was published in Hong Kong Economic Journal on 9 December 2015.)Unfortunately, in choosing to insulate Hong Kong from Beijing’s political reach out of fear of its interventionist and control instincts, the democratic movement has had to directly confront Beijing. The search for absolute security has ended up creating greater insecurity.
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An Economic View of Markets, Values, and Morals

By admin On 2015/12/02 · Add Comment · 2,465 views
(This essay was published in Hong Kong Economic Journal on 2 December 2015.)Ethics are the rules of the game in a society and a good society has to be one where our institutions can solve our problems. The influence of markets has grown because they have been good at solving problems.
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What Money Can’t Buy

By admin On 2015/11/25 · Add Comment · 2,974 views
(This essay was published in Hong Kong Economic Journal on 25 November 2015.)It is a moral failure of communitarianism that it weighs our fellow Hong Kongers or our Tin Shui Wai and Shamshuipo residents so much more above other poor people in the world, ignoring the good of Bangladeshis.
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One Harvard professor is getting it all wrong when it comes to understanding morality and the economy

By admin On 2015/11/25 · Add Comment · 3,567 views
(This essay was published in South China Morning Post on 25 November 2015.)
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Inequality, TSA, Dishwasher Pay and Rising Returns to Schooling

By admin On 2015/11/18 · Add Comment · 3,187 views
(This essay was published in Hong Kong Economic Journal on 18 November 2015.)The alleviation of poverty and inequality will come by tackling education and population policy – income redistribution policies alone will not be enough to get us there.
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Why dishwashers earn more in Hong Kong than in most places

By admin On 2015/11/18 · Add Comment · 2,685 views
(This essay was published in South China Morning Post on 18 November 2015.)
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Positive Non-interventionism and Innovation

By admin On 2015/11/11 · Add Comment · 3,230 views
(This essay was published in Hong Kong Economic Journal on 11 November 2015.)At the end of the day, skilled and talented people are the most important element of success in fostering innovation. Population policy should be the central focus of the government’s strategy to promote innovation in Hong Kong. One must not forget Hong Kong’s economic miracle was also built on the massive wave of immigration in 1945-51. Positive non-interventionism alone would not have been sufficient.
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What Drives Innovation?

By admin On 2015/11/11 · Add Comment · 3,206 views
(This essay was published in South China Morning Post on 11 November 2015.)
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Positive Non-interventionism as Governance Strategy

By admin On 2015/11/04 · Add Comment · 9,206 views
(This essay was published in Hong Kong Economic Journal on 4 November 2015.)If the government loses its ideological credibility, then governance becomes too naked for comfort. It becomes vulnerable as friends can no longer rally to its cause and everyone is a lobbyist and a rent-seeker. . . . Without policy accountability to an electorate or credibility before a higher ideology, government loses authority much faster and ultimately its legitimacy as well. This is not good news for either defending free market capitalism or for effective political governance.
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Why Hong Kong Needs to Say No

By admin On 2015/11/04 · Add Comment · 3,184 views
(This essay was published in South China Morning Post on 4 November 2015.)
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