John J. Cowperthwaite: positive non-interventionism
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Submitted by yadranko on Sat, 10/27/2012 - 01:25
"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."
Sir John James Cowperthwaite, Hong Kong Financial Secretary from 1961 to 1971.