Socialism lays an bad egg by killing the capitalism that lays the golden eggs

We intend freedom and justice to conquer. Yes, we do have a creed and we wish others to share it. But it is not part of our policy to impose our beliefs by force or threat of force.

As prime minister, I worked closely with Ronald Reagan for eight of the most important years of all our lives. We talked regularly both before and after his presidency. And I have had time and cause to reflect on what made him a great president.

You can't buck the market.

(I)t is highly questionable whether when 'Europe speaks with one voice', as we are so often told it is doing, anyone is really listening. Europe's reputation as a serious player in international affairs is unenviable. It is a feeble giant who desperate attempts to be taken seriously are largely risible. It has a weak currency and a sluggish inflexible economy, still much reliant on hidden protectionism. It has a shrinking, ageing, population and, with the exception of Britain, rather unimpressive armed forces and, not excepting Britain, muddled diplomacy.

We weren't getting a fair deal on the budget and I wasn't going to have it. There's a great strand of equity and fairness in the British people - this is our characteristic. There's not a strand of equity and fairness in Europe - they're out to get as much as they can. That's one of those enormous differences. So I tackled it on that basis.

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