A capitalist economy hums when leading businessmen are bubbling with animal spirits and are prepared to sink their money into risky ventures.
I very much wanted to live in Paris when I was in the army, and I was quite determined to. I could have become a dress designer: Dior was willing to take me on as an assistant, but he did not have an immediate vacancy.
Indeed it is the protean ability of Western civilization to be self-critical and self-correcting - not only in producing wealth but over the whole range of human activities - that constitutes its most decisive superiority over any of its rivals.
It would be wrong to say I enjoy having rows, because that would be un-Christian. If people attack me, then I respond, or if they do very wicked things. Then they must be brought to book.
In the past, the U.S. has shown its capacity to reinvent its gifts for leadership. During the 1970s, in the aftermath of the Nixon abdication and the Ford and Carter presidencies, the whole nation peered into the abyss, was horrified by what it saw and elected Ronald Reagan as president, which began a national resurgence.
Courage is the essential element in any great public man or woman.
