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貨幣爭霸 花落誰家 (The race is on for the new world currency)
近年來,數碼貨幣在世界各地日常經濟活動中已擔當不可或缺的角色,例如中國內地的支付系統,就以微信和支付寶居主導地位,數以億計的消費者已習慣以電子錢包取代現金。臉書正籌備發行新加密幣Libra,標榜為與一籃子官方貨幣掛鈎的「穩定幣」(stablecoin)。在非洲,肯尼亞電訊公司Safaricom亦已推出手機支付程式M-Pesa。

湾区争雄重育才 融汇中西港占优
去年夏天笔者刚从洛杉矶移居到香港这座阔别多年的城市,就接到所属经管学院通知,因学生报名人数突然几近翻倍,需多教一门应用计量经济学的硕士课程。2019冠状病毒病疫情下,香港特区的大学还能增产扩容,实属难得。
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Watch, Read, Listen
Analysing Big Oil Windfall Profits Tax
過去一年,油價升勢不止。繼歐洲聯盟委員會於3月8日建議各國政府可就能源企業的收入進行徵稅後,美國國會上月推動對石油巨企開徵「石油暴利稅」(Big Oil Windfall Profits Tax),總統經濟顧問Bharat Ramamurti提出應考慮徵收此稅的建議,拜登更公開批評埃克森美孚「今年賺錢多過上帝」(made more money than God this year)。
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An imminent transformation and upgrading of Hong Kong’s economy
The article 《香港經濟轉型升級迫在眉睫》 was originally published in Hong Kong Economic Journal column 「龍虎山下」
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An advanced blueprint on Belt and Road Initiative
The article 《一帶一路深化藍圖》 was originally published in Hong Kong Economic Journal column 「龍虎山下」
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Amid the rise of ChatGPT, Louis Vuitton goes against the tide
從新聞媒體到社交平台,從科技達人到在校學生,鋪天蓋地的話題都聚焦於ChatGPT。激動之餘,大家不禁開始擔憂,機器都能聊天了,還要人來做什麼?ChatGPT可以編寫程式,科技部門是不是要解散?ChatGPT可以寫文章,作家、編輯會否飯碗不保?ChatGPT看來無所不曉,那麼孩子還須上學麼?
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Ambiguity, information processing, and financial intermediation
In this paper, the researchers incorporated ambiguity and information processing constraints into the…
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All theory might not be grey, but the golden tree of actual life springs ever green
前不久香港發生一宗命案,其駭人聽聞程度不下於任何經典驚慄片。才華滿溢、資金豐厚的電影製作人,不論如何絞盡腦汁,其創作不見得一定比真實世界奇異精采,很多時反而是從現實世界中找尋獨特的元素,經整理鋪陳後呈現於觀眾眼前。觀眾覺得可觀,往往因為不曾經歷的新鮮感而已,其實現實世界才是電影精采情節的泉源。經濟學家提出各種經濟理論,其貢獻在相當程度上也源於自身的實際經驗,或事後對實際經驗的總結。本文將分享一些現實生活的例子,以及經濟學家所作的檢視。
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AI Upends Workplace Order: Human Capital Needs Urgent Restructuring
In the middle of last month, Standard Chartered Group announced that it planned…
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AI Sycophancy: When AI Starts to Flatter Us
In 2025, generative artificial intelligence (GenAI) giant Anthropic collaborated with AI safety evaluation…
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Reflections on Anti-extradition Movement
How Big is the Impact of Trade War
The Rise of Populism
Anti-extradition Bill – The Way Forward and Long Term Strategy
Immense Development Potential in Sha Tau Kok Frontier Closed Area
Regional Welfare Integration Encourages Hong Kong’s Young People to Participate in Greater Bay Area Development
Currency Manipulation and Trade War
The Origin of the Phrase “I May Not Be the Pivot of Success”
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