Hong Kong SAR's economy is recovering strongly as ample policy space has allowed the enaction of swift and bold policy responses to address the unprecedented crisis emanating from multiple shocks, including notably the pandemic. But the recovery remains uneven, with private consumption lagging,...

In a recent article, Vincent Geloso (2015) argues that the study of social networks can illuminate Deirdre McCloskey's view that modern economic growth was fostered by according entrepreneurial actions a sense of dignity. I extend Geloso's framework to suggest that an ‘analytical egalitarian'...