Friday, May 15, 2009

Sir John Cowperthwaite

"In the long run, the aggregate of decisions of individual businessmen, exercising individual judgment in a free economy, even if often mistaken, is less likely to do harm than the centralised decisions of a government, and certainly the harm is likely to be counteracted faster." Sir John Cowperthwaite, Financial secretary of Hong Kong in his first budget speech, 1961.

As the world descends into government-controlled corporate stupor, we need more enlightened thinkers with the nerves to say such things. This blog is dedicated to Sir John.

http://www.telegraph.co.uk/news/obituaries/1508696/Sir-John-Cowperthwaite.html

http://en-cowperthwaite.blogspot.com/

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