Saturday, May 09, 2020

The Man Who Made Hong Kong

Very recommendable! Nice juxtaposition of John James Cowperthwaite (Hong Kong) and Che Guevara (Cuba)! Why do so few people know former, but so many latter? Is it just the name?

Hong Kong and Cuba had at about the same per capita income when these two men began to impose their economic policies Today, Cuba is still poverty stricken and under totalitarian rule, while Hong Kong is one of the richest places on earth thanks to free markets, which, unfortunately, since 1997 has to fight with the Communist Party of China to keep their independence!



Lots of details on Hong Kong and Cowperthwaite after World War II. Positive non government interventionism was his trademark!



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