Classical Liberalism

Eastward shift

The last economic era, roughly from 1980 to 2008, was the most successful combination of globalisation, growth and prosperity in history.

Saturday, 27 August, 2011, 12:00am

Regulation pays in laissez-faire Hong Kong

Economists from Adam Smith onwards praise market forces. The reasons are well known to us in Hong Kong, a city that made its fortune from trade and enterprise. Competitive free markets enable the most efficient allocation of resources and give consumers the best value and choice of goods and services.

8 Apr 2011 - 12:00am

Would-be home owners out in the cold

Property prices are rising too quickly. Ordinary people cannot afford the expensive properties. It could take a lifetime to buy a flat.

Why do we have this problem? I think speculators are the ones to blame.

Officials always say there is a lack of land and the population is growing so there's not enough to meet market demand. I think it's an excuse.

7 Mar 2011 - 12:00am

'Sky-high' housing still within reach for some

Hong Kong's sky-high property prices are unmatched the world over, but there are people who still find them affordable.

Many complain that wealthy mainlanders have pushed up the city's housing prices. However, statistics show that mainlanders only accounted for 30 per cent of luxury property transactions last year; the remainder was snapped up by locals.

9 Feb 2011 - 12:00am

Flawed land policy is strangling middle class and small business

People have been criticising Chief Executive Donald Tsang Yam-kuen over an alleged conflict of interest regarding the light-bulb vouchers. We should not let this controversy overshadow real problems with his policy address. We are seeing a polarisation of our community as a result of a flawed economic policy.

30 Oct 2009 - 12:00am

Letters

Students can aid their own development

Your editorial ('A valuable learning experience for students', August 14) rightly welcomed the introduction of compulsory internships as part of the university years of Hong Kong students.

20 Aug 2009 - 12:00am

Free markets not perfect but still the best system

Pessimism has prevailed in global financial markets after the big rally earlier in the week. They are finding their own level in the face of a likely global recession. Emerging economic data strengthens the prospect of one. This is despite unprecedented concerted action by governments to recapitalise banks and safeguard the flow of credit to the real economy.

17 Oct 2008 - 12:00am

Look on the brighter side

There are two conventional understandings of happiness. The first being mere temporary elation, and the second being a state of true satisfaction and confidence in oneself.

At some point in life, we must choose to live a life of happiness or a life of meaning.

7 Nov 2007 - 12:00am

Return of the bubble?

Many middle-class people in Hong Kong are still tied up by their negative property assets.

18 Oct 2003 - 12:00am

Property salvation

There are so many different views on the economy in Hong Kong, especially how to save the property market.

16 Aug 2003 - 12:00am

Property prices: Should the government intervene?

When poor consumers find themselves weighed down with high energy bills, or high supermarket prices, or when they complain about the exorbitant fares on public transport in Hong Kong, the government stands firm and solemnly talks of non-intervention and the free-market mechanism, which means it cannot help beleaguered consumers.

2 Oct 2002 - 12:00am

Market economy draws calls for government role

When should the government step in to give the economy a helping hand? When should it sit back and let market forces dictate the rules? This seemingly simple question is about to become the intellectual front line at a special discussion series organised by Hong Kong University of Science and Technology.

12 Jul 2002 - 12:00am

Why persist with ban on parallel imports?

I always read Jake van der Kamp's 'Monitor' column in your business section.

18 Jan 2002 - 12:00am

Expedient intervention the best kind

A mere five participants hobbled out on Sunday for Hong Kong's first Walk for Capitalism. That is no surprise because in Hong Kong, defence of the free market is less associated with principle than with hypocritical self-interest.

4 Dec 2001 - 12:00am

Expedient intervention the best kind

A mere five participants hobbled out on Sunday for Hong Kong's first Walk for Capitalism. That is no surprise because in Hong Kong, defence of the free market is less associated with principle than with hypocritical self-interest.

4 Dec 2001 - 12:00am

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