I largely agree with those that hold that Government should not in general interfere with the course of the economy merely on the strength of its own commercial judgment. If we cannot rely on the judgment of individual businessmen, taking… — John James Cowperthwaite Copy Share Image
We enjoy a considerable net inflow of capital and I am sure that a condition of its coming, and staying, is that it is… — John James Cowperthwaite Copy Share
I still believe that, in the long run, the aggregate of the decisions of individual businessmen, exercising individual judgment in a free economy, even… — John James Cowperthwaite Copy Share
What gives me concern in so much of the comment is the implication that the people of Hong Kong have to be given a… — John James Cowperthwaite Copy Share
If people want consultative government, the price is increased complexity and delay in arriving at decisions. If they want speed of government, then they… — John James Cowperthwaite Copy Share
I am afraid that I do not believe that any body of men can have enough knowledge of the past, the present and the… — John James Cowperthwaite Copy Share
I hold that two principles are important; first that there should be a steady expansion of public services, not an irregular one related to… — John James Cowperthwaite Copy Share
I am also, I must confess, a little sceptical of the theory that we have a right, if we could, to pass on our… — John James Cowperthwaite Copy Share
Deficit financing proper is rather the process whereby a Government spends more money that it withdraws from the economy by taxation, borrowing, running down… — John James Cowperthwaite Copy Share
I am confident, however old-fashioned this may sound, that funds left in the hands of the public will come into the Exchequer with interest… — John James Cowperthwaite Copy Share
Revenue has increased in this way is in no small measure, I am convinced, due to our low tax policy which has helped to… — John James Cowperthwaite Copy Share
Over a wide field of our economy it is still the better course to rely on the nineteenth century's "hidden hand" than to thrust… — John James Cowperthwaite Copy Share
Money cannot be converted into houses or trained teachers or hospitals at the touch of a magic wand. There are limitations to our physical… — John James Cowperthwaite Copy Share
The fact that previous generations have handed down to us a substantial public heritage by way of roads, port, etc. almost completely free of… — John James Cowperthwaite Copy Share
One trouble is that when Government gets into a business it tends to make it uneconomic for anyone else. — John James Cowperthwaite Copy Share
