There are some remarkable parallels between basketball and politics. Michael Jordan has already mastered the skill most needed for political success: how to stay aloft without visible means of support.
Communist regimes were not some unfortunate aberration, some historical deviation from a socialist ideal. They were the ultimate expression, unconstrained by democratic and electoral pressures, of what socialism is all about. ... In short, the state [is] everything and the individual nothing.
I want a capital-earning democracy. Every man and woman a capitalist. Housing is the start. If you're a man or woman of property, you've got something. So every man a capitalist, and every man a man of property.
If... many influential people have failed to understand, or have just forgotten, what we were up against in the Cold War and how we overcame it, they are not going to be capable of securing, let alone enlarging, the gains that liberty has made.
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.
When we hear (as we sometimes do) that (Russia's) economic output is about half the level of a decade ago or that real incomes have fallen sharply, it is worth recalling that economic statistics under the Soviet Union were hardly more reliable than any other official statements. Moreover, a country that produces what no one wants to buy, and whose workers receive wages that they cannot use to buy goods they want, is hardly in the best of economic health.
Gentlemen, if we don't cut spending we will be bankrupt. Yes, the medicine is harsh, but the patient requires it in order to live. Should we withhold the medicine? No. We are not wrong. We did not seek election and win in order to manage the decline of a great nation.