"Public Attitude toward Laissez Faire in Hong Kong," a fascinating but overlooked 1990 paper by Lau Siu-kai and Kuan Hsin-chi (Asian Survey 30(8): 766-81, available on Jstor with subscription) shows this is just wishful thinking. Admittedly, the public in Hong Kong strongly supports the label of laissez-faire (literally translated as "noninterventionist economic policy"). When asked how they felt about the laissez-faire policy of the Hong Kong government, 1.8% strongly disagreed, 22% disagreed, 54% agreed, and 3.5% strongly agreed. I doubt you'd see numbers like that in the U.S.But it turns out that Hong Kong's support for laissez-faire is only skin-deep. As soon as you ask people their opinions about specific interventionist policies - all of which, note the authors, "have either not been performed by the government or performed only very light or rarely," they show their true statist colors.
Monday, November 29, 2010
Public Attitudes in Hong Kong Towards Laissez-Faire, 29th Nov., 2010.
Over at EconLog, Bryan Caplan published an article titled "Hong Kong: Statist at Heart?" He wrote:
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