One speaks with great respect of economists, if only because they represent such a variety of opinions.

We took the name 'Liberal' because we were determined to be a progressive party, willing to make experiments, in no sense reactionary but believing in the individual, his rights, and his enterprise, and rejecting the socialist panacea.

Men of genius are not to be analysed by commonplace rules. The rest of us who have been or are leaders, more commonplace in our quality, will do well to remember two things. One is never to forget posterity when devising a policy. The other is never to think of posterity when making a speech.

Never forget posterity when devising a policy. Never think of posterity when making a speech.

Never take any notice of Anonymous letters, unless you get a few thousand on the same subject.

The great vice of democracy is that for a generation we have been busy getting ourselves on to the list of beneficiaries and removing ourselves from the list of contributors, as if somewhere there was somebody else's effort on which we could thrive.

In all my life I have treated the press with marked contempt and remarkable success.