The European single currency is bound to fail, economically, politically and indeed socially, though the timing, occasion and full consequences are all necessarily still unclear.
We should not underestimate the enormity of the task which lies ahead. But little can be achieved without sound money. It is the bedrock of sound government.
The right-of-centre parties still often compete with left-of-centre ones to proclaim their attachment to all the main programmes of spending, particularly spending on social services of one kind or another. But this foolish as well as muddled. It is foolish because left-of-centre parties will always be able to outbid right-of-centre ones in this auction - after all, that is why they are on the left in the first place. The muddle arises because once we concede that public spending and taxation are than a necessary evil we have lost sight of the core values of freedom.
(On The International Criminal Court) "For the victors of the Cold War to submit to an unelected, unaccountable, and almost certainly hostile body such as that envisaged would be the ultimate irony."
Let us never forget this fundamental truth: the State has no source of money other than money which people earn themselves. If the State wishes to spend more it can do so only by borrowing your savings or by taxing you more. It is no good thinking that someone else will pay - that 'someone else' is you. There is no such thing as public money; there is only taxpayers' money.
My first guiding principle is this: willing and active co-operation between independent sovereign states. Europe will be stronger precisely because it has France as France, Spain as Spain, Britain as Britain, each with its own customs, traditions and identity. It would be folly to try to fit them into some sort of identikit European personality.
Their pitiless ideology only survives because it is maintained by force. But the day comes when the anger and frustration of the people is so great that force cannot contain it. Then the edifice cracks: the mortar crumbles.
Yet the basic fact remains: every regulation represents a restriction of liberty, every regulation has a cost. That is why, like marriage (in the Prayer Book's words), regulation should not "be enterprised, nor taken in hand, unadvisedly, lightly, or wantonly"