Ronald Reagan won the Cold War without firing a shot.

When you've spent half your political life dealing with humdrum issues like the environment, it's exciting to have a real crisis on your hands.

I am always on the job.

A world without nuclear weapons may be a dream but you cannot base a sure defence on dreams. Without far greater trust and confidence between East and West than exists at present, a world without nuclear weapons would be less stable and more dangerous for all of us.

Adam Smith's 'invisible hand' is not above sudden, disturbing, movements. Since its inception, capitalism has known slumps and recessions, bubble and froth; no one has yet dis-invented the business cycle, and probably no one will; and what Schumpeter famously called the 'gales of creative destruction' still roar mightily from time to time. To lament these things is ultimately to lament the bracing blast of freedom itself.

Of course you have a duty to show the disfigurations of society as well as its more agreeable aspects. But if TV in the western world uses its freedom continually to show all that is worst in our society, while the centrally controlled television of the Communist world and the dictatorships show only what is judged advantageous to them and suppress everything else, how are the uncommitted to judge between us? How can they fail to misjudge if they view matters only through a distorted mirror?

Young people ought not to be idle, it is very bad for them.