Read the SCMP article "Instead of bailing out Hong Kong's greedy tuition centres, spend more on improving education."

(a)Present a critical analysis of the article using economic theories (e.g., compensating wage differentials, human capital, monopoly, efficiency, etc.). In your analysis, include a discussion of whether the allocation of talented people to tuition centers is bad for economic growth in the sense of Murphy, Shleifer, and Vishny (1991).

(b)Do you agree with the author's viewpoints? Explain.