With Hong Kong no longer the world’s freest economy, is it time to rethink the capital of capitalism?

By Candice Chau and Wilson ChanHong Kong was once praisedby Milton Friedman as an “example of the free market system.” When the city’s 25-year run as the world’s “freest economy” came to an end this year, accordingto the Heritage Foundation, the government was quick to assure the international community that Hong Kong still had a free market.While many in society blame the social and political unrest caused by the anti-extradition bill protests, which started last June, for the city’s now tarnished reputation, we should further examine the notion of “the freest economy” and its impact on socie…

Read More