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Monthly Archives December 2013

Chinese students abroad: No longer sought after?

The FT has an article featuring overseas Chinese students. According to the article, The number of Chinese studying overseas has more than tripled in the past decade and continues to shoot up. The rise has been particularly dramatic among lower-middle-class families: according to a report from the Chinese Academy of Social Sciences, up to the end […]

Posted 30 December 2013 † Michael Law § China § Education § Hong Kong § Labor Economics ‡ Comments Off on Chinese students abroad: No longer sought after? °

Taxi economics: Lower fare and higher drivers’ income can coexist

The one thing I am impressed the most with my stay here in the US is the creativity and entrepreneurship of the young people. When there is a problem, there is always a solution–and people can make money from it. I once moaned about the difficulty of getting a taxi in Boston, and have recently found […]

Posted 12 December 2013 † Michael Law § Hong Kong § Market Design § Regulations § United States ‡ Comments (5) °
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