Yue Chim Richard Wong 王于漸

Education and Earnings of the Bottom 99%

By YueChim Richard On 2014/06/04 · Add Comment · 5,400 views

[Continue Reading...]

The Top 1% and Top 10% of Income Earners

By YueChim Richard On 2014/05/28 · Add Comment · 9,647 views

[Continue Reading...]

Gary Becker’s Contribution to Economics and the Chicago School

By YueChim Richard On 2014/05/21 · Add Comment · 8,198 views

[Continue Reading...]

Remembering My Teacher Professor Gary Becker

By YueChim Richard On 2014/05/14 · Add Comment · 12,624 views

(This essay was published in Hong Kong Economic Journal on 14 May 2014) Becker devoted his entire life to studying and teaching economics. He was very hopeful that China would succeed at developing its market economy and believed that there was a real chance it would happen. He felt that as long as China could keep competition in the market place alive, then incentives for the efficient allocation of resources to stimulate growth and innovation would be present, and institutional change would emerge in good time. He also thought the inability of Japan to enhance market competition was a major stumbling block in sustaining her economic growth. I felt he saw China’s economic success as a major breakthrough in alleviating poverty around the world, just as Hong Kong had showed the world the power of market competition in promoting prosperity for the people.

[Continue Reading...]

Factors Critical for Improving Intergenerational Mobility

By YueChim Richard On 2014/05/07 · Add Comment · 7,683 views

[Continue Reading...]

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

By YueChim Richard On 2014/04/30 · Add Comment · 8,720 views

[Continue Reading...]

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

By YueChim Richard On 2014/04/23 · Add Comment · 6,937 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.

[Continue Reading...]

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

By YueChim Richard On 2014/04/16 · Add Comment · 7,136 views

[Continue Reading...]

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

By YueChim Richard On 2014/04/09 · Add Comment · 12,628 views

[Continue Reading...]

The Chief Executive Elections and Political Development (Part 1)

By YueChim Richard On 2014/04/02 · Add Comment · 5,674 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.

[Continue Reading...]

Education and Earnings of the Bottom 99%

The Top 1% and Top 10% of Income Earners

Gary Becker’s Contribution to Economics and the Chicago School

Remembering My Teacher Professor Gary Becker

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)

Childhood Memories to Salute Women’s Day

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

Languages

Announcements 通告

Social Network 社交網絡

Recent Comments