Most British people are keen to remain in a European free trade zone and most EU states are keen to keep us there, because we buy from them more than we sell to them to the tune of £40 million per day.

You cannot spend your way out of recession or borrow your way out of debt.

Political reporters no longer get to decide what's news. The days when a minister gave briefings to a dozen lobby correspondents, and thereby dictated the next day's headlines, are over. Now, a thousand bloggers decide for themselves what is interesting. If enough of them are tickled then, bingo, you're news.

You cannot carry on forever squeezing the productive bit of the economy in order to fund an unprecedented engorgement of the unproductive bit.

The most dangerous diminutions of freedom come from those who are convinced of their moral rectitude.

Europe tends to favor stability over democracy, America democracy over stability.

The U.S. states that allow for citizens' initiatives tend to have fewer laws and lower taxes than the ones that don't. But the beauty of the system is that it encourages the spread of best practice.

The 'EU in a Nutshell' is a miscellany of facts and anecdotes about the system which rules us. It's a book you can delve into in pursuit of a particular fact, or crack open for entertainment at virtually any page.

New fathers, political prisoners, traumatised presidential aides, resolute schoolboys, MEPs addressing unfriendly chambers - we all find that Shakespeare has magically anticipated our precise circumstances. How he was possible, I still don't understand but there isn't a day I'm not grateful that he speaks to me in my own language.