Gentlemen, if we don't cut spending we will be bankrupt. Yes, the medicine is harsh, but the patient requires it in order to live. Should we withhold the medicine? No. We are not wrong. We did not seek election and win in order to manage the decline of a great nation.

The larger the slice taken by government, the smaller the cake available for everyone.

For Dicey, writing in 1885, and for me reading him some seventy years later, the rule of law still had a very English, or at least Anglo-Saxon, feel to it. It was later, through Hayek's masterpieces "The Constitution of Liberty" and "Law, Legislation and Liberty" that I really came to think this principle as having wider application.

You can't buck the market.

Dictators can be deterred, they can be crushed - but they can never be appeased.

The legal system we have and the rule of law are far more responsible for our traditional liberties than any system of one man one vote. Any country or Government which wants to proceed towards tyranny starts to undermine legal rights and undermine the law.

President Numeiri of Sudan is said to have remarked of Gadaffi that he was 'a man with a split personality - both of them evil'.