Let us never forget this fundamental truth: the State has no source of money other than money which people earn themselves. If the State wishes to spend more it can do so only by borrowing your savings or by taxing you more. It is no good thinking that someone else will pay - that 'someone else' is you. There is no such thing as public money; there is only taxpayers' money.

We will stand on principle or we will not stand at all.

Whether it is in the United States or in mainland Europe, written constitutions have one great weakness. That is that they contain the potential to have judges take decisions which should properly be made by democratically elected politicians.

You and I come by road or rail, but economists travel on infrastructure.

There's no such thing as society.

When we hear (as we sometimes do) that (Russia's) economic output is about half the level of a decade ago or that real incomes have fallen sharply, it is worth recalling that economic statistics under the Soviet Union were hardly more reliable than any other official statements. Moreover, a country that produces what no one wants to buy, and whose workers receive wages that they cannot use to buy goods they want, is hardly in the best of economic health.

Let me give you my vision: A man's right to work as he will, to spend what he earns, to own property, to have the state as servant and not as master. These are the British inheritance. They are the essence of a free country, and on that freedom all of our other freedoms depend.