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… - John James Cowperthwaite

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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 intellectual resources.

English
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About John James Cowperthwaite

Sir John James Cowperthwaite KBE CMG (25 April 1915 – 21 January 2006) was a British civil servant and the Financial Secretary of Hong Kong from 1961 to 1971. His free market policies of positive non-interventionism are widely credited with turning post-war Hong Kong into a thriving global financial center.

Also Known As

Alternative Names: Sir John James Cowperthwaite
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Additional quotes by 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 they must accept a greater degree of authoritarianism. I suspect that the real answer is that most people prefer the latter so long, that is, as government’s decisions conform with their own views.

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