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. - Keynote: Excerpts from his speeches and chairman's statements to shareholders

J. R. D. Tata Quotes

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...

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...

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...

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...