Whether it is in the United States or in mainland Europe, written constitutions have one great weakness. That is that they contain the potential to have judges take decisions which should properly be made by democratically elected politicians.

There is nothing inevitable about rising unemployment.

Inflation is the parent of unemployment and the unseen robber of those who have saved.

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.

Socialists don't like ordinary people choosing, for they might not choose Socialism.

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.

[When asked how it felt to be a female prime minister:] I don't know: I've never experienced the alternative.