We may be assured by past experience, that such a practice [as some states charging high taxes on goods from other states] would be introduced by future contrivances; and both by that and a common knowledge of human affairs, that it would nourish unceasing animosities, and not improbably terminate in serious interruptions of the public tranquility.

While democracy in the long run is the most stable form of government, in the short run, it is among the most fragile.

I am saddened that it is politically inconvenient to acknowledge what everyone knows: the Iraq war is largely about oil.

I don't think we can have democracies that work where most of the people are not benefiting economically, where most of the people are worried about their job security.

You know, the cure for all this talk is really a good dose of incompetent government. You get that alternative and you'll never put Singapore together again: Humpty Dumpty cannot be put together again... my asset values will disappear, my apartments will be worth a fraction of what they were, my ministers' jobs will be in peril, their security will be at risk and their women will become maids in other people's countries, foreign workers.

The era when the United States was the dominant global power is steadily coming to an end, and it must find a way of acknowledging this and framing its ambitions and interests accordingly. Instead of claiming the right to continuing primacy in east Asia, for example, it should seek to share that primacy with China.