Thousands of visitors queue for a ferry trip back home after the annual Bun Festival parade in Cheung Chau on May 19, 2002. More than 18,000 local residents and foreign tourists flocked to the island for the three-hour parade of traditional floats, lion and unicorn dances and also Chinese folk performances. The Bun Festival, celebrated since 1894, is held to present offerings to safeguard the island and its people. Photo: SCMP
Jake Van Der Kamp
Opinion

Opinion

Jake's View by Jake Van Der Kamp

Here’s why Hong Kong’s commuting subsidy will hurt the people it’s supposed to help

The Law of Unintended Consequences always applies when bureaucrats tinker with prices of goods and services in an economy. They hope to make life easier for people and they just wind up making it harder.

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Thousands of visitors queue for a ferry trip back home after the annual Bun Festival parade in Cheung Chau on May 19, 2002. More than 18,000 local residents and foreign tourists flocked to the island for the three-hour parade of traditional floats, lion and unicorn dances and also Chinese folk performances. The Bun Festival, celebrated since 1894, is held to present offerings to safeguard the island and its people. Photo: SCMP
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