When you stop a dictator, there are always risks. But there are greater risks in not stopping a dictator.

The acid test of politics is not what you say at the hustings, but what you actually do in government.

There might be new technology, but technological progress itself was nothing new - and over the years it had not destroyed jobs, but created them.

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.

We must not fall into the mistake of thinking that it is America that trades with Taiwan or Europe that trades with Asia. The truth is that it is American companies that trade with Taiwanese companies.

During my lifetime most of the problems the world has faced have come, in one fashion or another, from mainland Europe and the solution from outside it.

Socialism is in no way a curate's egg