With some notable exceptions, businessmen favor free enterprise in general but are opposed to it when it comes to themselves.

I am favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it's possible.

Germany's problem, in part, is that it went into the euro at the wrong exchange rate that overvalued the deutsche mark.

What most people really object to when they object to a free market is that it is so hard for them to shape it to their own will. The market gives people what the people want instead of what other people think they ought to want. At the bottom of many criticisms of the market economy is really lack of belief in freedom itself.

China's productive system draws upon the other East Asian countries to a great extent. The volume of trade is much larger than the net amount being exported from China. China needs substantial reserves to finance all that.

Political freedom means the absence of coercion of a man by his fellow men. The fundamental threat to freedom is power to coerce, be it in the hands of a monarch, a dictator, an oligarchy, or a momentary majority. The preservation of freedom requires the elimination of such concentration of power to the fullest possible extent and the dispersal and distribution of whatever power cannot be eliminated — a system of checks and balances.

Economic freedom is ... an indispensable means toward the achievement of political freedom.