Demystifying privatization: Private roads and sidewalks in Hong Kong

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Share This:   According to The Heritage Foundation, Hong Kong is and has been, for the last 25 years, an exponent of and exemplary model for economic freedom. Despite its urban development regulation, property rights infringement, state monopolies, the erosion … Read More

Five reasons why Hong Kong is NOT the capitalist utopia you might imagine it to be (V): Jobs

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Share This:   Most Western foreigners arrive to Hong Kong with a job. But finding a job in the ex-British colony is no the easy task you might think it to be. Not, at least, if you are looking for … Read More

Five reasons why Hong Kong is NOT the capitalist utopia you might imagine it to be (III): State-owned (and protected) monopolies

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Share This:   There are quite a lot of monopolies in Hong Kong: electricity is provided by either China Light and Power Group (covering Kowloon, the New Territories, and the outlying islands) or HK Electric (which covers Hong Kong Island, … Read More

Five reasons why Hong Kong is NOT the capitalist utopia you might imagine it to be (II): Property rights

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Share This:   Property rights are the most basic of all human rights, the most basic economic institution for people to maintain their own existence. Little is it known that the HKSAR government can expropriate your house to build huge … Read More

Five reasons why Hong Kong is NOT the capitalist utopia you might imagine it to be (I): Housing

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Share This:   When libertarians talk about Hong Kong, we drool over the fact that it has been the freest economy for at least the past 20 years. Its capitalist policies, although increasingly stained with high doses of cronyism, speak … Read More