In response to a suggestion that total free trade would end in cheaper foreign products flooding the market and causing unemployment.

Unfortunately, unanimity is not always feasible.

If even a small fraction of the money we now spend on trying to enforce drug prohibition were devoted to treatment and drug rehabilitation, in an atmosphere of compassion not punishment, the reduction in drug usage and in the harm done to users could be dramatic.

It is most attractive about the US to people and countries with wealth is that it can provide security, insurance really, against political instability. Nobody is afraid that the money they place in the US is at risk of expropriation or of in some other way being taken away. For this safety, the wealth holders of the world are willing to accept a lower rate of return.

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

Reality ensures that the end of history will never come.

One of the great mistakes is to judge policies and programs by their intentions rather than their results.