John J. Cowperthwaite: positive non-interventionism

"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.

John J. Cowperthwaite: positive non-interventionism