“For a quarter-century British governments had tried and failed to combine economic growth, increased social service provision and a high level of employment. The second depended ultimately on the first, but when difficulty arose, the first had always been sacrificed to the other two. The United Kingdom was, after all, a democracy whose votes, greedy and gullible, had to be placated.”

“Ever since 1945 the federal government has held and indeed increased its importance as the first customer of the American economy. Government spending had been the primary economic stimulant and to increase it had been the goal of hundreds of interest groups; hopes of balanced budgets and cheap, business-like administration always ran aground upon this fact. What was more, the United States was a democracy; whatever the doctrinaire objections to it, and however much rhetoric might be devoted to attacking it, a welfare state slowly advanced because voters wanted it that way. These facts gradually made the old ideal of totally free enterprise, unchecked and uninvaded by the influence of government, unreal.”

“More people than ever before look to government as their best chance of securing well-being rather than as their inevitable enemy. Politics as a contest to capture state power has at times apparently replaced religion (sometimes even appearing to eclipse market economics) as the focus of faith that can move mountains.”

“If there was a spectre haunting France in the 1780's, it was not that of revolution but that of state bankruptcy. The whole social and political structure of France stood in the way of tapping the wealth of the better-off, the only sure way of emerging from the financial impasse.”

“Outsiders became keen to join an organization [European Community] that offered attractive bribes to the poor. Greece did so in 1981 and Spain and Portugal in 1986.” - written before 2003.”

“Movement was the essence of Manhattan. It had always been so, and now its sense of flow, energy, openness, elasticity as Charles Dickens had called it, was headier than ever. Half the city’s skill and aspirations seemed to go into the propagation of motion.”

“Just as we do not today differentiate between the Roman Republic and the imperial period of the Julio-Claudians when we think of the Roman Empire, so in the future no one will bother to make a distinction between the British Empire-led and the American-Republic-led periods of English-speaking dominance between the late-eighteenth and the twenty-first centuries. It will be recognized that in the majestic sweep of history they had so much in common--and enough that separated them from everyone else--that they ought to be regarded as a single historical entity, which only scholars and pedants will try to describe separately.”