Freedom prospers when religion is vibrant and the rule of law under God is acknowledged.
Ronald ReaganRead
Constructive trade, the two-way exchange of goods and services, is the most efficient and logical way for each nation . . . to build a stable prosperity, a prosperity based not on aid, but on mutually beneficial economic contacts.
Interpretation
Mutual trade is essential for economic stability and growth.
This quote emphasizes the importance of constructive trade between nations as a foundational strategy for achieving lasting prosperity. Rather than relying on aid, Reagan advocates for a system of mutually beneficial economic relationships, suggesting that true stability comes from sustainable partnerships that enhance productivity and wealth creation for all involved parties.
In practice
In a business conference discussing international relations, one could cite this quote to illustrate the benefits of fair trade agreements.
Freedom prospers when religion is vibrant and the rule of law under God is acknowledged.
Our status as a free society and world power is not based on brute strength. When we've taken up arms, it has been for the defense of freedom for ourselves and for other peaceful nations who needed our help. But now, faced with the development of weapons with immense destructive power, we've no choice but to maintain ready defense forces that are second to none. Yes, the cost is high, but the price of neglect would be infinitely higher.
I'm spending more time at this library in four days than I did at the Eureka College Library in four years.
I'm not a politician by profession. I am a citizen who decided I had to be personally involved in order to stand up for my own values and beliefs. My candidacy is based on my record, and for that matter, my entire life.
My fellow citizens, our nation is poised for greatness. We must do what we know is right, and do it with all our might. Let history say of us: "These were golden years - when the American Revolution was reborn, when freedom gained new life, and America reached for her best."
We must have faith in the people of this country and faith in our principles.
The raw fact is that every successful example of economic development this past century ... has taken place via globalization.
We have this culture of financialization. People think they need to make money with their savings rather with their own business. So you end up with dentists who are more traders than dentists. A dentist should drill teeth and use whatever he does in the stock market for entertainment.
Capitalism is not an 'ism.' It is closer to being the opposite of an 'ism,' because it is simply the freedom of ordinary people to make whatever economic transactions they can mutually agree to.
When the economic well-being of their nation demanded a strong and creative response, my colleagues at the Federal Reserve... mustered the moral courage to do what was necessary.
The economic miracle that has been the United States was not produced by socialized enterprises, by government-unon-industry cartels or by centralized economic planning. It was produced by private enterprises in a profit-and-loss system. And losses were at least as important in weeding out failures, as profits in fostering successes. Let government succor failures, and we shall be headed for stagnation and decline.
A just wage for the worker is the ultimate test of whether any economic system is functioning justly.
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