“The conservative revolution that Reagan helped usher in gained traction because Reagan's central insight - that the liberal welfare state had grown complacent and overly bureaucratic, with Democratic policy makers more obsessed with slicing the economic pie than with growing the pie - contained a good deal of truth.”
“Since the 1980s, we have given the rich a bigger slice of our pie in the belief that they would create more wealth, making the pie bigger than otherwise possible in the long run. The rich got the bigger slice of the pie all right, but they have actually reduced the pace at which the pie is growing.”
“Question: Which Mediterranean government shares all of Ronald Reagan's views on international terrorism, the present danger of Soviet advance, the hypocrisy of the United Nations, the unreliability of Europe, the perfidy of the Third World and the need for nuclear defense policy? Question: Which Mediterranean government is Ronald Reagan trying, with the help of George Shultz and Caspar Weinberger, to replace with a government led by a party which professes socialism and which contains extreme leftists?If you answered 'the government of Israel' to both of the above, you know more about political and international irony than the President does.”
“The central conservative truth is that it is culture, not politics, that determines the success of a society. The central liberal truth is that politics can change a culture and save it from itself.”
“All told, U.S. allies in Central America during Reagan's two terms killed over 300,000 people, tortured hundreds of thousands, and drove millions into exile.”
“The key insight of Adam Smith's Wealth of Nations is misleadingly simple: if an exchange between two parties is voluntary, it will not take place unless both believe they will benefit from it. Most economic fallacies derive from the neglect of this simple insight, from the tendency to assume that there is a fixed pie, that one party can gain only at the expense of another.”