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Cowperthwaite’s ‘un-Keynesian’ Hong Kong - (Cayman Financial Review, 2017/02/01, Bill Stacey) The story of the emergence of Hong Kong in the post-war era from city devastated by war to a light manufacturing and transport center for Asia, to the financial and services hub for the region is an encouraging tale of the dynamism of marketsContinue reading>
The tragedy that is West Kowloon - (Next Magazine, 2017/01/26, A002, Second Opinion, Bill Stacey) Is there a good solution to the Palace Museum controversy? How should we decide the right use of valuable land? Who should decide who builds and designs the monuments? These are questions calling for an answer. Now most of the great historic monumentsContinue reading>
Spare us the auction on stolen goods - (Next Magazine, 2016/12/30, A002, Second Opinion, Bill Stacey) As our next Chief Executive “horse race” starts, we should heed the American critic HL Mencken’s warning that “every election is a sort of advanced auction on stolen goods”, and remain vigilant against unrealistic promises from candidates that reach into our pockets orContinue reading>
Hiking stamp duty at cross purposes - (Next Magazine, 2016/12/1, A002, Second Opinion, Bill Stacey) Hiking stamp duty at cross purposes Governments don’t like it when markets won’t do what they want them to do. They rail against the outcome of the market and seek to intervene to redefine the results of trade. Put that way, interventions inContinue reading>
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