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[Estonian Prime Minister] Mart Laar came to my office the other day to recount his country's remarkable transformation. He described a nation of people wh are harder-working, more virtuous — yes, more virtuous, because the market punishes immorality — and more hopeful about the future than they've ever been in their history. I asked Mr. Laar where his government got the idea for these reforms. Do you know what he replied? He said, "We read Milton Friedman and F. A. Hayek".
--
Dick Armey, in his address at the dedication of the Hayek Auditorium", Cato Institution, Washington, D.C., (9 May 1995)

 

Friedrich Hayek

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Lafayette valued reputation and glory, but cared little for the power that generally results from them. Having one day been asked who was in his opinion the greatest man of this age: "In my idea," replied he, "General Washington is the greatest man, for I look upon him as the most virtuous."

 

Gilbert du Motier Lafayette

 

[T]oday we see how utterly mistaken was the Milton Friedman notion that a market system can regulate itself... Everyone understands now, on the contrary, that there can be no solution without government. The Keynesian idea is once again accepted that fiscal policy and deficit spending has a major role to play in guiding a market economy. I wish Friedman were still alive so he could witness how his extremism led to the defeat of his own ideas.

 

Milton Friedman

 

James Callaghan: ...I am not pro, nor am I anti...
Robin Day: What are you doing on this programme?
Callaghan: I'm here because you asked me.
Day: You're here to advise people to vote 'Yes' aren't you?
Callaghan: ...I am here, and the Prime Minister has taken the same line; it is our job to advise the British people on what we think is the right result. Now there are a lot of other people who've always been emotionally committed to the Market. A lot of other people have been always totally opposed to the Market. I don't think the Prime Minister or myself have ever been in either category and that is not our position today. I'm trying to present the facts as I see them and why we have come down in favour of – now Britain is in, we should stay in.

 

James Callaghan

 

I am just one of yourselves, who has been called to special work for the country at this time. I never sought the office. I never planned out or schemed my life. I have but one idea, which was an idea that I inherited, and it was the idea of service — service to the people of this country. My father lived in the belief all his life ... It is a tradition; it is in our bones; and we have to do it. That service seemed to lead one by way of business and the county council into Parliament, and it has led one through various strange paths to where one is; but the ideal remains the same, because all my life I believed from my heart the words of Browning, "All service ranks the same with God". It makes very little difference whether a man is driving a tramcar or sweeping streets or being Prime Minister, if he only brings to that service everything that is in him and performs it for the sake of mankind.

 

Stanley Baldwin

 

Nothing worth doing is completed in our lifetime; therefore, we are saved by hope. Nothing true or beautiful or good makes complete sense in any immediate context of history; therefore, we are saved by faith. Nothing we do, however virtuous, can be accomplished alone; therefore, we are saved by love. No virtuous act is quite as virtuous from the standpoint of our friend or foe as from our own; therefore, we are saved by the final form of love, which is forgiveness.

 

Reinhold Niebuhr