Exploring the economic perspective on education costs, measurement of GDP, and income in Hong Kong, as well as income inequality in the United States, emphasizing the need for accurate data analysis to understand economic disparities and affordable housing interventions.
Neil Monnery, author of Architect of Prosperity, talks with EconTalk host Russ Roberts about his book--a biography of John Cowperthwaite, the man often credited with the economic success of Hong Kong. Monnery describes the policies that Cowperthwaite championed and the role they played in the evolution of Hong Kong's economy. How much those policies mattered is the focus of the conversation. Other topics include the relationship between Hong Kong and China and the irony of the challenges Hong Kong faced from U.S. and British protectionism.