Len Shackleton questions the value of the government’s industrial strategy

In Prospect Magazine, Len Shackleton comments on the government’s recent announcement about industrial strategy:

“while the White Paper paints a rosy picture of a future in which Britain will aim to be “the most innovative country in the world,” there is the little matter of getting there.”

He concludes:

“I’m just reading Neil Monnery’s fascinating book on John Cowperthwaite’s role in promoting Hong Kong’s meteoric economic development—which involved little regulation and minimal government. It has been called “positive non-interventionism.” After ploughing through this White Paper, it seems a bit of Cowperthwaite’s scepticism is very much in order.”

https://www.prospectmagazine.co.uk/politics/why-the-governments-industrial-strategy-isnt-fit-for-purpose

What we need is a Freedom of Uninformation Act

In this week’s Spectator, Rory Sutherland, argues that we need an information act because too often data is mis-reported and misused. He notes:

The great Sir John Cowperthwaite, architect of Hong Kong’s prosperity and subject of a recent biography by Neil Monnery, banned the collection of macro-economic statistics on the grounds that their meaningless fluctuations would only encourage people to meddle. I propose something similar for Britain: we could call it the Freedom of Uninformation Act.

The Spectator, 19th November 2017

US launch of Architect of Prosperity

“Architect of Prosperity: Sir John Cowperthwaite and the making of Hong Kong” had its US launch at the Cato Institute on October 13, 2017.

Marian L. Tupy hosted the event, and Paul Chan Mo-po, the current Financial Secretary of Hong Kong  discussed the book and the current economic situation in Hong Kong.

The launch can be viewed here:

https://www.cato.org/multimedia/events/architect-prosperity-sir-john-cowperthwaite-making-hong-kong