張 五 常 教 授
Professor Steven N.S. Cheung
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teven N.S. Cheung (1935 - ) is the first Distinguished Annual Arnold C. Harberger Lecturer and the quintessential Renaissance Man. Receiving his Ph.D. from UCLA in 1967, he taught at Chicago before becoming Professor of Economics at the university of Washington and Chair of Economics at University of Hong Kong. He was president of Western Economic Association in 1997.
In addition to research in contracts and neo-institutional economics, Cheung is a noted photographer, calligrapher, and essayist. An art enthusiast, he collects paintings, Chinese calligraphy, antique jade, soapstone, ink-stone and ancient relics.
In 1982 Cheung, one of the most famous Chinese Economists in the world, came back to Hong Kong and taught in the School of Economics and Finance, University of Hong Kong and last for over 15 years. He specialized in Price Theory and Property Rights.
In 1988 Cheung brought Milton Friedman, the man who presided at his wedding, to meet Secretary General Zhao Ziyang of China. It is a halcyon augury that, though officially singled out by Beijing in 1989 as the two individuals who inspired the Tiananmen incident, Friedman and Cheung were warmly received by another Secretary General, Jiang Zemin, in 1993.
The following shows the books written by Cheung:
| Title | Source | Year |
| Transaction Cost, Risk Aversion and Choice of Contractual Arrangement | Journal of Law and Economics | 1969 |
| Irving Fisher and the Red Guards | Journal of Political Economy, May/June | 1969 |
| The Enforcement of Property Rights in Children, and the Marriage Contract | Economic Journal | 1972 |
| A Theory of Price Control | Journal of Law and Economics | 1974 |
| Rent Control and Housing Reconstruction: The Postwar Experience of Prewar Premises in Hong Kong | Journal of Law and Economics | 1975 |
| Roofs or Stars: The Stated Intents and Actual Effects of a Rent Ordinance | Economic Inquiry | 1975 |
| Why are Better Seats "Underpriced"? | Economic Inquiry | 1977 |
| Rose Bowl vs. Hong Kong: the Economics of Seat Pricing | Research in Law and Economics, Supplement 1, JAI Press | 1980 |
| Property Rights and Trade Secrets | Economic Inquiry | 1982 |
| The Contractual Nature of the Firm | Journal of Law and Economics | 1983 |
| Property Rights and Invention | paper presented in UCLA, University of Chicago and Western Economic Association | 1983 |
| Why is There a Lack of Freedom under Communism? | Discussion Paper No.39, Department of Economics, University of Hong Kong | 1984 |
| China in Transition: Where Is She Heading Now? | Discussion Paper No.74, Department of Economics, University of Hong Kong | 1985 |
| Common Property Rights | The New Palgrave: A Dictionary of Economics, Macmillan | 1987 |
| Economic Organizations and Transaction Costs | The New Palgrave: A Dictionary of Economics, Macmillan | 1987 |
| Privatization vs. Special Interests: The Experience of China's Economic Reforms | Hong Kong Economic Papers | 1989 |
| On the New Institutional Economics | Discussion Paper No.118, Department of Economics, University of Hong Kong | 1990 |
| A Theory of Price Control | Economic Channel, University of Hong Kong | 1991 |
| The Theory of Share Tenancy | University of Chicago Press | 1969 |
| Myth of Social Cost | The Institute of Economic Affairs | 1978 |
| Will China Go 'Capitalist?' | The Institute of Economic Affairs | 1980 |
| 賣桔者言 | 信報有限公司 | 1984 |
| 中國的前途 | 信報有限公司 | 1985 |
| 再論中國 | 信報有限公司 | 1986 |
| 三岸情懷 | 香港經濟日報出版 | 1989 |
| 憑闌集 | 壹出版有限公司 | 1991 |
| 中國的經濟革命 | 壹出版有限公司 | 1993 |
| 隨意集 | 壹出版有限公司 | 1993 |
| 往日時光：四友攝影精選集 | 花千樹出版有限公司出版 | 1993 |
| 挑燈集 | 花千樹出版有限公司出版 | 1999 |
| 捲簾集上卷 | 花千樹出版有限公司出版 | 1999 |
| 捲簾集下卷 | 花千樹出版有限公司出版 | 1999 |
| 佃農理論 | 花千樹出版有限公司出版 | 2000 |
| 佃農理論—應用于亞洲的農業和台灣的土地改 | 商務印書館(北京) | 2000 |
| 五常談學術 | 花千樹出版有限公司出版 | 2000 |
| 五常談教育 | 花千樹出版有限公司出版 | / |
| 狂生倣語 | 花千樹出版有限公司出版 | / |
| 經濟解釋—張五常經濟論文選 | 花千樹出版有限公司出版 | / |
| 學術上的老人興海 | 花千樹出版有限公司出版 | 2001 |
| 科學說需求 | 花千樹出版有限公司出版 | 2001 |