Pennies do not come from heaven. They have to be earned here on earth.

Being democratic is not enough, a majority cannot turn what is wrong into right. In order to be considered truly free, countries must also have a deep love of liberty and an abiding respect for the rule of law.

I shan't be pulling the levers there but I shall be a very good back-seat driver.

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.

There are significant differences between the American and European version of capitalism. The American traditiionally emphasizes the need for limited government, light regulations, low taxes and maximum labour-market flexibility. Its success has been shown above all in the ability to create new jobs, in which it is consistently more successful than Europe.

People constantly requesting government intervention are casting their problems at society. And, you know, there's no such thing as society. There are individual men and women and there are families. And no government can do anything except through people, and people must look after themselves first. It is our duty to look after ourselves and then, also, to look after our neighbours.

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.