We shall take whatever action is necessary to contain the growth of the money supply. The government, unlike so many of its predecessors, will face up to economic realities.

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.

A bully has no respect for a weakling and the way to stop a bully is not to be weak. The way to stop a bully from ever being a bully is to say: "I'm as strong as you. Anything you do to me, I can do to you." We are going for nuclear and conventional disarmament but we're going about it in the right way.

Ronald Reagan won the Cold War without firing a shot.

There are too many people who imagine that there is something sophisticated about always believing the best of those who hate your country, and the worst of those who defend it.

People are really rather afraid that this country might be rather swamped by people with a different culture.

If we are safe today, it is because America has stood with us. If we are to remain safe tomorrow, it will be because America remains powerful and self-confident. When, therefore, the Americans face difficulties, we need to say to them more clearly: We are with you.