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  • August 27, 2014
  • Last updated: 10:15pm
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  1. Comment - Insight & Opinion - JAKE'S VIEW

    Employers, and not just the minimum wage, distort Hong Kong labour market

    Posted Aug 10th 2014, 04:50am by Jake Van Der Kamp

    ... we consider the world overall. Income polarity and unemployment result when the world's labour market is not allowed to find its natural price level. But we are not talking here ... and when a booming economy finally promises to give them the rewards of their labour through higher incomes, it is grossly unfair to rob them of it by suppressing their wages through artificial ...

  2. Business - Comment - JAKE'S VIEW

    Housing Authority must raise public housing rents or run out of money

    Posted Jul 08th 2014, 12:45am by Jake Van Der Kamp

    ... this year. At one time this did not matter. Income from public-sale housing, the Home Ownership Scheme, covered the cost of building rental flats. And when HOS was finally wound down in 2004, ...

  3. Business - Banking & Finance - JAKE'S VIEW

    Losers' Clubs spend good money on bad ideas

    Posted Jul 10th 2014, 04:55am by Jake Van Der Kamp

    ... is all hogged by big multinationals who serve the rich, will someone please provide me the average annual income of a McDonald's customer or a Nissan driver. The biggest multinationals all ...

  4. Comment - Insight & Opinion - JAKE'S VIEW

    Council proposals won't do much for investor protection

    Posted Jun 22nd 2014, 03:15am by Jake Van Der Kamp

    ... and Allied Workers staunchly resist as a potential threat to fee income. Hong Kong lawyers are determined not to emerge from the 17th century. We must therefore rely more heavily on the Small Fry ...

  5. Business - Comment - JAKE'S VIEW

    Pension funding figures don't add up

    Posted May 29th 2014, 12:44am by Jake Van Der Kamp

    ... need this savings income to fund the health costs that we have assumed are taken care of separately from the pension. In any case our government is of no mind to use its savings for social ...

  6. Business - Comment - JAKE'S VIEW

    Rich are easy target but tax offensive won't help the poor

    Posted May 01st 2014, 01:18am by Jake Van Der Kamp

    ... But it is not only because the rich flee that this simplistic hit-the-rich remedy does not work. The value of financial assets is a function of how much future income they can generate. A block of flats has wealth value because it generates rental income. An equivalent volume of sea water has no wealth value as you cannot drink it and anyone can go boating on it. Change the income that the asset ...

  7. Business - Comment - JAKE'S VIEW

    Money's talking when lawyers oppose ancient law

    Posted Apr 24th 2014, 01:11am by Jake Van Der Kamp

    ... Jake van der Kamp The law of champerty, like other old-fashioned legal system rules, threatens lawyers' incomes, which is why they are adamantly against it Money's talking when ... to champerty. It is that they think champerty threatens their incomes. The Amalgamated Brotherhood of Associated Legal Workers is just like any other union. Now, I'm fine with that. I don't ...

  8. Business - Comment - JAKE'S VIEW

    Cross-border stock trading scheme is not a through train but a milk train

    Posted Apr 15th 2014, 12:36am by Jake Van Der Kamp

    ... and worsen the income polarity of the society. It is what we have with this misnamed through train. And then it becomes increasingly likely that, as in Russia 25 years ago, the authorities will lose ...

  9. Business - Comment - JAKE'S VIEW

    Long Hair's pension fund filibuster a grand idea

    Posted Apr 10th 2014, 12:57am by Jake Van Der Kamp

    ... could reduce this figure by as much as 10 per cent if we made certain reforms, which we did make, in booking of investment income. The present ratio of reserves to GDP is 77 per cent. Nuff said. ...

  10. Business - Comment - JAKE'S VIEW

    Xi Jinping may be in over his head with anti-corruption crusade

    Posted Apr 08th 2014, 01:04am by Jake Van Der Kamp

    ... it also works its way into the pay structure of those who participate in it. The bribe is shared down the ranks and becomes a regular and reliable part of everyone's annual income ...




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