Frank Knight

There is no sense in making statements that will not continue to be true after they are made.

Goods move in response to price differences from points of low to points of higher price, the movement tending to obliterate the price difference and come to rest.

It is true practically if not altogether without exception that the changes studied by any science tend to equilibrate or neutralize the forces which bring them about, and finally to come to rest.

Being aware of your fear is smart. Overcoming it is the mark of a successful person.

But we need to show that the EU can modernise itself, can adapt to the needs of its citizens, can take their views into account. That will be our ambition for the UK Presidency.