Roger Bootle suggests economic establishment read Architect of Prosperity

In today’s Telegraph, Roger Bootle, Chairman of Capital Economics argues we have much to learn from John Cowperthwaite.

“I have just read a fascinating new book called Architect of Prosperity by Neil Monnery. It’s about the role of Sir John Cowperthwaite, Financial Secretary of Hong Kong from 1961 to 1971 in setting the colony on the road to prosperity. It is an astonishing story… Its success derived from brilliant economic policymaking that involved reliance on market forces and minimising the role of the state… You might think that, given the economic record, Britain’s economic establishment, including the serried ranks of mandarins and their political masters, might feel that they have a good deal to learn. They have. They should read Monnery’s book.”

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