Another excellent post.
Hong Kong is a truly remarkable jurisdiction.
Can you name, after all, another government in the world
that brags about how little it spends on redistribution programs and how few people are dependent on government?
And how many jurisdictions adopt private Social Security systems to help make sure the burden of government spending doesn’t climb above 20 percent of GDP?
No wonder Hong Kong routinely is at the top of the rankings in both Economic Freedom of the World and the Index of Economic Freedom.
Here is some additional evidence of Hong Kong’s sensible approach. Below is a slide from a presentation by Hong Kong government officials, quoting the current Financial Secretary and all his predecessors, covering both the period of Chinese sovereignty and British sovereignty. As you can see, the one constant theme is free markets and small government.
For additional background, let’s enjoy the insight…
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Utopia, you are standing in it! 
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