Yue Chim Richard Wong 王于漸
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Policy Secretaries, Civil Servants and Deferred Compensation

By admin On 2017/04/26 · Add Comment · 4,725 views
(This essay was published in Hong Kong Economic Journal on 26 April 2017.) The significance of deliberately underpaying a government employee when he is young and overpaying him when he is old means that the employee will have to face the threat of a penalty throughout his working life in government should he engage in improper behavior.
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Deferred Compensation to Regulate and Attract

By admin On 2017/04/26 · Add Comment · 2,753 views
(This essay was published in South China Morning Post on 26 April 2017.)
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Land and Housing Policy Ideas for the Next Five Years (Part III)

By admin On 2017/04/19 · Add Comment · 3,276 views
(This essay was published in Hong Kong Economic Journal on 19 April 2017.) The demand for private housing units has increased by so much that the housing ladder has been broken for a large majority of the less well-off households. They cannot afford to live in private housing units without government subsidies or assistance.
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The Solution – Land and Housing Policy Reform

By admin On 2017/04/19 · Add Comment · 2,273 views
(This essay was published in South China Morning Post on 19 April 2017.)
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Land and Housing Policy Ideas for the Next Five Years (Part II)

By admin On 2017/04/12 · Add Comment · 3,595 views
(This essay was published in Hong Kong Economic Journal on 12 April 2017.) The most important source of growth in housing demand that has not been foreseen in Hong Kong is the rapidly escalating number of divorces and remarriages.
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Marriage Does Matter

By admin On 2017/04/12 · Add Comment · 3,434 views
(This essay was published in South China Morning Post on 12 April 2017.)
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Land and Housing Policy Ideas for the Next Five Years (Part I)

By admin On 2017/04/05 · Add Comment · 3,552 views
(This essay was published in Hong Kong Economic Journal on 5 April 2017.) Property prices have once again scaled new heights (despite the heavy punitive stamp duties), demonstrating conclusively that regulatory constraints do not work.
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Imperfect Land Valuation

By admin On 2017/04/05 · Add Comment · 2,435 views
(This essay was published in South China Morning Post on 5 April 2017.)
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Knowledge Economy and Political Leadership in the New Society

By admin On 2017/03/29 · Add Comment · 3,121 views
(This essay was published in Hong Kong Economic Journal on 29 March 2017.) The tribe in the twenty-first century has to be the global tribe. It is more than social responsibility defined as doing no harm to others in the pursuit of one’s own interest.
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Knowledge Economy

By admin On 2017/03/29 · Add Comment · 2,643 views
(This essay was published in South China Morning Post on 29 March 2017.)
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Regulation of Property Prices

By admin On 2017/03/22 · Add Comment · 4,426 views
(This essay was published in Hong Kong Economic Journal on 22 March 2017.) The net result for buyers has been to shift demand away from the secondary market to the primary market. The total supply of housing units on the market has been artificially reduced in the secondary market. Buyers now have less choice of units because of punitive stamp duties.
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Regulation Reduces Choices  

By admin On 2017/03/22 · Add Comment · 2,589 views
(This essay was published in South China Morning Post on 22 March 2017.)
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Conservative Budgeting in a Populist World

By admin On 2017/03/15 · Add Comment · 2,942 views
(This essay was published in Hong Kong Economic Journal on 15 March 2017.) In Hong Kong, the stewardship of the budget has come under increasing criticism for under-forecasting annual budget surpluses and under-spending on areas favored by the various interests.
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Additional Rates

By admin On 2017/03/15 · Add Comment · 2,571 views
(This essay was published in South China Morning Post on 15 March 2017.)
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Arrow’s Theorem and the Pan-Democratic Vote for Establishment Candidates

By admin On 2017/03/08 · Add Comment · 2,633 views
(This essay was published in Hong Kong Economic Journal on 8 March 2017.) Ever since the Enlightenment embraced the idea that all men are politically equal as the foundation of political life, there have been two views of democracy based on two different views of liberty. 
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