How the free market freed women and entrepreneurs in Hong Kong.
The visitor to Hong Kong today sees a bustling hive of energy where even the New Yorker is a slowpoke. It’s a place where people of all races and cultures live and work in harmony. It’s also a place where, long before the change of sovereignty from Britain to China in 1997, the gweilos [“long-nosed barbarians”] were being displaced in all spheres of human action by locals. [Under British rule, only the government lagged behind — only there could the criterion of race override the criterion of ability.]
Hong Kong is one of the most successful multi-racial societies in the world. But this is a relatively recent development.
The major difference between Hong Kong and other peaceful multi-racial/multi-ethnic societies like Australia (and the US) is that in Australia minorities, over time, lose their separate tribal identities and become members … Read the rest