The spirit of the South Atlantic was the spirit of Britain at her best. It has been said that we surprised the world, that British patriotism was rediscovered in those spring days. It was never really lost. But it would be no bad thing if the feeling that swept the country then were to continue to inspire us. For if there was any doubt about the determination of the British people it was removed by the men and women who, a few months ago, brought a renewed sense of pride and self-respect to our country.
There are significant differences between the American and European version of capitalism. The American traditiionally emphasizes the need for limited government, light regulations, low taxes and maximum labour-market flexibility. Its success has been shown above all in the ability to create new jobs, in which it is consistently more successful than Europe.
In the same period that the Americans have lived under one constitution our French friends notched up five. A Punch cartoon has a 19th century Englishman asking a librarian for a copy of the French constitution, only to be told: 'I am sorry Sir, we do not stock periodicals.'
Socialists cry “Power to the people”, and raise the clenched fist as they say it. We all know what they really mean - power over people, power to the State.
Disciplining yourself to do what you know is right and important, although difficult, is the highroad to pride, self-esteem, and personal satisfaction.
All corporatism - even when practised in societies where hard work, enterprise and cooperation are as highly valued as in Korea - encourages inflexibility, discourages individual accountability, and risks magnifying errors by concealing them.
I always cheer up immensely if an attack is particularly wounding because I think, well, if they attack one personally, it means they have not a single political argument left.
Countries trade with each other - or to be more precise people buy and sell from each other across frontiers - because that is the way to advance their interests. We do not need to beg people to trade with us - as long as we have something that people want, of a quality they expect and at a price they are prepared to pay.