Works in ChatGPT, Claude, or Any AI
Add semantic quote search to your AI assistant via MCP. One command setup.
I must confess my distaste for any proposal to use public funds for the support of selected, and thereby, privileged, industrialists, the more partic… - John James Cowperthwaite
" "I must confess my distaste for any proposal to use public funds for the support of selected, and thereby, privileged, industrialists, the more particularly if this is to be based on bureaucratic views of what is good and what is bad by way of industrial development, but I have been studying the report referred to with some interest.
English
Collect this quote
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
Related quotes. More quotes will automatically load as you scroll down, or you can use the load more buttons.
Additional quotes by John James Cowperthwaite
Deficit financing proper is rather the process whereby a Government spends more money that it withdraws from the economy by taxation, borrowing, running down reserves, etc.; thereby causing in most circumstances, and very acutely in ours, monetary inflation and severe pressure on the balance of payments.
Loading...