Question: Positive non-interventionism was the economic policy of Hong Kong, which American economist who received the 1976 Nobel Memorial Prize in Economic Sciences for his research on consumption analysis, monetary history and theory, and the complexity of stabilization policy, has cited it as a fairly comprehensive implementation of laissez-faire policy?
Sentence (from "Positive non-interventionism"): It was first officially implemented in 1971 by Financial Secretary of Hong Kong John Cowperthwaite, who observed that the economy was doing well in the absence of government intervention but it was important to create the regulatory and physical infrastructure to facilitate market-based decision making.
Relevant evidence: No