Skip to content

The fact that previous generations have handed down to us a substantial public heritage by way of roads, port, etc. almost completely free of debt, seems to me to impose some limitation on the validity of the theory that by borrowing we should, or could, pass on the burden of development to the next generation.

— John James Cowperthwaite

Another quote →

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.

All John James Cowperthwaite quotes →

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.