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John James Cowperthwaite

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Over a wide field of our economy it is still the better course to rely on the nineteenth century's "hidden hand" than to thrust clumsy bureaucratic fingers into its sensitive mechanism. In particular, we cannot afford to damage its mainspring, freedom of competitive enterprise.
--
March 30, 1962, page 133.

 
John James Cowperthwaite

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There is today hardly any country in the world outside the communist bloc which does not have a mixed economy. In fact, even countries which call themselves socialist would object to theirs not being described as a mixed economy, for it would imply that it was a totalitarian one, while countries like Germany or Japan, usually thought of as having typically free enterprise economies, would do the same; for, otherwise, it would imply that theirs was a nineteenth century laissez-faire economy. (Address on 'Why a Mixed Economy?' to the Associated Chambers of Commerce and Industry of India, New Delhi, April 4, 1975.)

 
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The orthodox doctrines of economics which were dominant in the last quarter of the nineteenth century had a clear message. They supported laisser faire, free trade, the gold standard, and the universally advantageous effects of the pursuit of profit by competitive private enterprise.

 
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This is not about classic left-vs-right anymore. (As if that metaphor ever held cogent meaning.) Not when every measure of national health that conservatives ought to care about — from budget balancing to small business startups, to military readiness, to States' Rights, to the economy, to individual liberty, to control over immigration at our borders — does vastly and demonstrably better under democrats. With nearly 100% perfection.
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A beautiful fig-tree raised itself in a hollow of the island and thrust forth its branches far and wide. The inhabitants of the island used to worship it.
And the holy Mael said to them: "You worship this tree because it is beautiful. Therefore you are capable of feeling beauty. Now I come to reveal to you the hidden beauty." And he taught them the Gospel. And after having instructed them, he baptized them with salt and water.

 
Anatole France
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