History suggests that capitalism is a necessary condition for political freedom. Clearly it is not a sufficient condition.

Government is a way by which every individual believes he can live at the expense of everybody else.

He moves fastest who moves alone.

Why have we had such a decline in moral climate? I submit to you that a major factor has been a change in the philosophy which has been dominant, a change from belief in individual responsibility to belief in social responsibility. If you adopt the view that a man is not responsible for his own behavior, that somehow society is responsible, why should he seek to make his behavior good?

Complete free trade is not politically feasible. Why? Because it's only in the general interest and in no one's special interest.

There is still a tendency to regard any existing government intervention as desirable, to attribute all evils to the market, and to evaluate new proposals for government control in their ideal form, as they might work if run by able, disinterested men free from the pressure of special interest groups.

The fall of the Berlin Wall really demonstrated beyond the shadow of a doubt that there was a bad system, and what subsequently happened in the Soviet Union, that that system was a failure.