Putting the World to Rights

It can be argued - and rightly - that Taiwan is not just another regional issue: after all, the Chinese regard it as part of China. But Taiwan is also a regional issue for three reasons. First, the overthrow or even the neutering of democracy in Taiwan, which is what Beijing effectively demands, would be a major setback for democracy in the region as a whole. Second, if the Chinese were able to get their way by force in Taiwan, they would undoubtedly be tempted to do the same in other disputes. And third, there is no lack of such disputes to provoke a quarrel.

Never in the history of human credit has so much been owed.

Whether manufactured by black, white, brown or yellow hands, a widget remains a widget – and it will be bought anywhere if the price and quality are right. The market is a more powerful and more reliable liberating force than government can ever be.

There is no such thing as society.

Don't follow the crowd, let the crowd follow you.

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.