Profits in business always depend on the rate of interest: the higher the interest, the higher the rate of profit required.

One of the admirable features of British novelists is that they have no scruple about setting their stories in foreign settings with wholly foreign personnel.

All UK nuclear power stations should be shut down without delay.

Ever since the destruction of Baghdad by the Mongols in 1258, the Muslim world has been in slow decline relative to the west. With Napoleon's invasion of Egypt and the creeping British annexation of Muslim India, that decline took on a malign aspect.

Life without oil, in fact, would be so different that it is frightening to contemplate. We are addicted, and it is no comfortable addiction.

The world survived the fall of the Roman empire and will no doubt outlast our own so much more splendid civilisation.

Any new financial order for the world must tackle the three chief challenges of our age.