Just wanna share an article that wrote by MILTON FRIEDMAN back in the days.
Hong Kong Wrong – What would Cowperthwaite say?
BY MILTON FRIEDMAN
Friday, October 6, 2006 12:01 a.m. EDT
It had to happen. Hong Kong’s policy of “positive noninterventionism” was too good to last. It went against all the instincts of government officials, paid to spend other people’s money and meddle in other people’s affairs. That’s why it was sadly unsurprising to see Hong Kong’s current leader, Donald Tsang, last month declare the death of the policy on which the territory’s prosperity was built.
The really amazing phenomenon is that, for half a century, his predecessors resisted the temptation to tax and meddle. Though a colony of socialist Britain, Hong Kong followed a laissez-faire capitalist policy, thanks largely to a British civil servant, John Cowperthwaite. Assigned to handle Hong Kong’s financial affairs in 1945, he rose through the ranks…
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Utopia, you are standing in it! 
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