The fact that previous generations have handed down to us a substantial public heritage by way of roads, port, etc. almost completely free of debt, s….

A glimmer of light is better than no illumination at all..

If people want consultative government, the price is increased complexity and delay in arriving at decisions. If they want speed of government, then ….

Revenue has increased in this way is in no small measure, I am convinced, due to our low tax policy which has helped to generate an economic expansio….

Official opposition to overall economic planning and planning controls has been characterized in a recent editorial as "Papa knows best." But it is p….

One trouble is that when Government gets into a business it tends to make it uneconomic for anyone else..

I still believe that, in the long run, the aggregate of the decisions of individual businessmen, exercising individual judgment in a free economy, ev….

I would suggest to my honourable Friend that the foreign investor is at least as discouraged by high national debt for that, as all example shows, is….

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 at the ti….

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….

I am afraid that I do not believe that any body of men can have enough knowledge of the past, the present and the future to establish "development pr….

I must confess my distaste for any proposal to use public funds for the support of selected, and thereby, privileged, industrialists, the more partic….

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 clumsy bureaucratic f….

Deficit financing proper is rather the process whereby a Government spends more money that it withdraws from the economy by taxation, borrowing, runn….

We enjoy a considerable net inflow of capital and I am sure that a condition of its coming, and staying, is that it is free to flow out again. It is ….

I am also, I must confess, a little sceptical of the theory that we have a right, if we could, to pass on our capital burden to future generations. I….

Money cannot be converted into houses or trained teachers or hospitals at the touch of a magic wand. There are limitations to our physical and intell….

I hold that two principles are important; first that there should be a steady expansion of public services, not an irregular one related to revenue a….

I should like to begin with a philosophical comment. I do not think that when one is speaking of hardships or benefits one can reasonably speak in te….

What gives me concern in so much of the comment is the implication that the people of Hong Kong have to be given a reward, like children, for being g….

My own views on all matters of public revenue and public expenditure are conditioned by an acute appreciation of whose is the sacrifice that produces….