Frases de John James Cowperthwaite (44 citas, página 2)

John James Cowperthwaite: 44 citas0 Me gusta

Frases célebres de John James Cowperthwaite

“Simplemente, el dinero viene y se queda aquí porque se puede irse si así lo quiere. Si tratáramos de rodearlo de prohibiciones, se iría y no podríamos detenerlo; y no volvería jamás.”

John James Cowperthwaite

Inversión extranjera y movimiento de capitales
Fuente: Official Report of Proceedings of the Hong Kong Legislative Council, March 29, 1967, page 253.

“Me permito sugerirle a mi honorable amigo que el inversionista extranjero es también desincentivado a invertir por la alta deuda pública, pues como todos los ejemplos sugieren, ésta es la más segura precursora a más impuestos.”

John James Cowperthwaite

Inversión extranjera y movimiento de capitales
Fuente: Official Report of Proceedings of the Hong Kong Legislative Council, March 24, 1966, page 213.

“Si uno acepta que en general los servicios sociales deben prestarse con base en la capacidad de pago, uno tiene la opción de dos principios opuestos aunque no necesariamente excluyentes— o tenemos impuestos progresivos y servicios gratuitos, o los pagos de los servicios incluyen el costo de los mismos para quienes no pueden pagar. El primer método es más apropiado, en mi opinión, para países ricos y desarrollados, donde el principio de progresividad impositiva puede ser aplicado sin demasiadas consecuencias negativas económicas y sociales, y los desperdicios inherentes en la prestación de servicios gratuitos y plenos se pueden costear. En países menos avanzados y más pobres, donde ni la economía ni la sociedad está preparada para impuestos progresivos y el desperdicio no puede ser tolerado, la reducción o exención de pagos en caso de necesidad me parece claramente la opción más apropiada.”

John James Cowperthwaite

Impuestos progresivos y servicios públicos
Fuente: Official Report of Proceedings of the Hong Kong Legislative Council, February 26, 1964, page 54.

“Un problema es que cuando el Gobierno se mete en un negocio, éste tiende a hacerlo ruinoso para todos los demás.”

John James Cowperthwaite

Estado empresario
Fuente: Official Report of Proceedings of the Hong Kong Legislative Council, February 27, 1963, page 47.

“Concuerdo en gran medida con aquellos que consideran que el Gobierno no debería intervenir en el curso de la economía con base en su mero juicio comercial. Si no podemos confiar en que nuestros empresarios individualmente considerados tomen sus propios riesgos, de todas formas no tenemos futuro.”

John James Cowperthwaite

Planificación gubernamental y desarrollo
Fuente: Official Report of Proceedings of the Hong Kong Legislative Council, March 24, 1966, page 215.

“Si se consiente a una industria infante, ésta tenderá a seguir siendo una industria infante sin crecer ni expandirse.”

John James Cowperthwaite

Proteccionismo
Fuente: Official Report of Proceedings of the Hong Kong Legislative Council, March 30, 1962, page 131.

John James Cowperthwaite: Frases en inglés

“Economists of the modern school will no doubt protest that I have said nothing of the use of budget deficits or surpluses for the control of the economy in general. I doubt if such techniques would ever be appropriate in Hong Kong's exposed economic position; and I think they are certainly not appropriate at present, when in strict orthodoxy they would suggest the need to plan for a very substantial surplus "to take the heat out of the economy". Although we have in fact run substantial surpluses in recent years we have not done so with deflationary effect because we have not removed them from the economy but have left them inside the Colony's banking system to continue to work for the economy. $500 million or 55% of reserves are so held at present.”

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John James Cowperthwaite

February 26, 1964, page 47.
Official Report of Proceedings of the Hong Kong Legislative Council

“I cannot myself believe that anyone in this Chamber, and very few in the community as a whole, would wish to reverse all our previous policies and choose stabilization rather than growth; and it would certainly go contrary to the other views expressed by honourable Members about the need to promote the further growth of trade and industry. Not only would we be fore-going the creation of additional wealth and what this can bring, and has brought, in social advance, but we would also, I believe, permanently damage that climate of economic activity which has taken us so far and so fast. This would be particularly unwise, I suggest, in the face of those relatively darker clouds referred to by Your Excellency.”

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John James Cowperthwaite

October 9, 1970, page 114.
Official Report of Proceedings of the Hong Kong Legislative Council

“What gives me concern in so much of the comment is the implication that the people of Hong Kong have to be given a reward, like children, for being good last year, and bribed, like children, into being good next year. I myself repudiate this paternalistic, indeed colonialist, attitude as a gross insult to our people”

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John James Cowperthwaite

March 27, 1968, page 215.
Official Report of Proceedings of the Hong Kong Legislative Council

“I would suggest to my honourable Friend that the foreign investor is at least as discouraged by high national debt for that, as all example shows, is the surest precursor of high taxation.”

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John James Cowperthwaite

March 24, 1966, page 213.
Official Report of Proceedings of the Hong Kong Legislative Council

“There was a plea from honourable Members relating to the need for formal Gross National Product figures. Such figures are very inexact even in the most sophisticated countries I think they do not have a great deal of meaning, even as a basis of comparison between economies. That other countries make use of them is not, I think, necessarily a good reason to suppose that we need them. But, although I am not entirely clear what practical purpose they would serve in Hong Kong, I am sure they would be of interest. I suspect myself, however, that the need arises in other countries because high taxation and more or less detailed Government intervention in the economy have made it essential to be able to judge (or to hope to be able to judge) the effect of policies, and of changes in policies, on the economy. One of the honourable Members who spoke on this subject, said outright, as a confirmed planner, that he thought that they were desirable for the planning of our future economic policy. But we are in the happy position, happier at least for the Financial Secretary where the leverage exercised by Government on the economy is so small that it is not necessary, nor even of any particular value, to have these figures available for the formulation of policy. We might indeed be right to be apprehensive lest the availability of such figures might lead, by a reversal of cause and effect, to policies designed to have a direct effect on the economy. I would myself deplore this.”

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John James Cowperthwaite

March 25, 1970, page 495.
Official Report of Proceedings of the Hong Kong Legislative Council

“I largely agree with those that hold that Government should not in general interfere with the course of the economy merely on the strength of its own commercial judgment. If we cannot rely on the judgment of individual businessmen, taking their own risks, we have no future anyway.”

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John James Cowperthwaite

March 24, 1966, page 215.
Official Report of Proceedings of the Hong Kong Legislative Council

“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.”

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John James Cowperthwaite

March 29, 1967, page 249.
Official Report of Proceedings of the Hong Kong Legislative Council

“One of the things that most surprises me about my honourable Friend’s remarks is that he characterizes his proposal for state intervention in, and control of, industry as “innovation and a spirit of adventure” and condemns free private enterprise as “prosaic precedent”. This is a strange paradox. I would put it precisely the other way round. What he advocates is based on the “prosaic precedent” of many of our rivals who have to resort to wooing industry with artificial aids and have had remarkably little success at it. Recent events have shown that enterprising spirits still prefer our economic freedom to the restrictive swaddling clothes offered elsewhere. Possibly I am a romantic in this but I, for one, do not believe that our spirit of adventure is in need of artificial stimulation — nor do I believe that we can afford the wasteful application of our scarce resources which they would entail—we are neither desperate enough, nor rich enough, for such expedients to make economic sense. It is, of course, all the fashion today to cry in any commercial difficulty, “why doesn’t the Government do something about it.””

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John James Cowperthwaite

But I would rather go back to the old days when even the most modest attempt by Government to intervene in commerce and industry was rudely rebuffed.
March 27, 1968, page 213.
Official Report of Proceedings of the Hong Kong Legislative Council

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Frases de John James Cowperthwaite
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Frases célebres de John James Cowperthwaite