Hong Kong’s financial secretary is misguided if he thinks money can buy happiness
Governments around the world tend to believe that the richer the country, the happier the people will be. Policies are often based on this belief. Recently, Hong Kong’s financial secretary announced a new package of measures to support businesses and employment, following the relief measures proposed in August and October. However, is this policy solidly grounded?
Coping with a crisis
Earlier this month, Hong Kong almost ground to a standstill due to widespread transport disruptions amid the anti-government protests. People living in the New Territories had to spend six hours commuting to work, while those living along the MTR lines in Kowloon had to spend two to three times extra hours to reach Central. Traffic was paralyzed, schools had to suspend classes, emergency services were affected, and the working class whose pay is based on hourly or daily rate suffered a lot. Amid such situations, we cannot emphasize enough the importance of having accurate and updated information on various aspects concerning people’s daily lives.
Blockchain may be a solution for two problems of the Olympic Games Tokyo 2020
The Olympic Games Tokyo 2020 are expected to be a place for showcasing many new technologies. Beyond showcasing tech for just showing off, one promising technology could actually provide a solution for two major problems facing Olympic organisers.