I still believe that, in the long run, the aggregate of the decisions of individual businessmen, exercising individual judgment in a free economy, even if often mistaken, is likely to do less harm than the centralized decisions of a Government; and certainly the harm is likely to be counteracted faster. As I said earlier in this debate, our economic medicine may be painful but it is fast and powerful because it can act freely.
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… - John James Cowperthwaite
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…
- John James Cowperthwaite
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… - John James Cowperthwaite
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…
One trouble is that when Government gets into a business it tends to make it uneconomic for anyone else. - John James Cowperthwaite
One trouble is that when Government gets into a business it tends to make it uneconomic for anyone else.
A glimmer of light is better than no illumination at all. - John James Cowperthwaite
A glimmer of light is better than no illumination at all.
Official opposition to overall economic planning and planning controls has been characterized in a recent editorial as "Papa knows best." But it is p… - John James Cowperthwaite
Official opposition to overall economic planning and planning controls has been characterized in a recent editorial as "Papa knows best." But it is p…
If people want consultative government, the price is increased complexity and delay in arriving at decisions. If they want speed of government, then … - John James Cowperthwaite
If people want consultative government, the price is increased complexity and delay in arriving at decisions. If they want speed of government, then …
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… - John James Cowperthwaite
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 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… - John James Cowperthwaite
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…
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… - John James Cowperthwaite
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…
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