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Simply put, money comes here and stays here because it can go if it wants to go. Try to hedge it around with prohibitions, and it would go and we could not stop it; and no more would come.

— John James Cowperthwaite

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More quotes by John James Cowperthwaite

We suffer a great deal today from the bogus certainties and precisions of the pseudo-sciences which include all the social sciences including economics.

An infant industry, if coddled, tends to remain an infant industry and never grows up or expands.

A glimmer of light is better than no illumination at all.

One trouble is that when Government gets into a business it tends to make it uneconomic for anyone else.

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.

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Attribution

Quote text and notes from Wikiquote: John James Cowperthwaite (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.