Mannkal Economic Education Foundation

Mannkal Student Internship Blog

Bayley Novakovic – The policies of self determination and the Lion Rock spirit! | Week 8

Bayley Novakovic

27 February 2017

At my last day interning at the Lion Rock Institute, looking back it is hard to believe two months have already passed! My final week was spent preparing a document that compares the Chief Executive Candidates policies on economy, housing and tax, with that of former Financial Secretary Sir John Cowperthwaite.

Grateful to have worked with Laurence Pak - Final day in the LRI office!

Financial Secretary from 1961 to 1971, Cowperthwaite’s hands-off free market policies are credited with lifting post-WWII Hong Kong out of poverty. Cowperwaithe’s policies speak for themselves with Hong Kong becoming rich while other countries became poor pursuing socialist policies.

It was the positive non-intervention policies of Sir John Cowperthwaite that allowed Hong Kong’s self-determinism and the “Lion Rock spirit”  to flourish.

With all of today’s Chief Executive candidates proposing further interventions, including “diversifying” the economy (putting so called innovators on the gravy train), they could all learn a thing or two from Cowperthwaite’s leadership.

Hong Kong's Lion Rock spirit - thank you Sir John Cowperthwaite!

Over the past week I spent much time catching up with many of the great friends I have made during my time here in Hong Kong.

From Executives to student freedom fighters to art movers and shakers, I really have met a diverse range of people here; all thanks to Mannkal’s scholarship affording me the opportunity to expand my network and make many meaningful connections!

With bad policies constantly knocking on the door all over the world, the work of libertarian and free market think tanks has never been more important! Many thanks go to Ron Manners and all at Mannkal for affording me the opportunity to contribute to this important work at the Lion Rock Institute.

Also a special thanks to Laurence Pak and the Lion Rock Institute for hosting me. The experience has been life changing and truly expanded my horizons. I look forwards to further engaging in and working with the freedom movement both at home in Australia and abroad!

Until next time, adios Hong Kong!

Glad to have experienced this amazing city!

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