Adam Smith’s central insight remains true today: There is no greater generator of wealth and innovation than a system of free enterprise that unleash… - Barack Obama

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Adam Smith’s central insight remains true today: There is no greater generator of wealth and innovation than a system of free enterprise that unleashes the full potential of individual men and women. That’s what led to the Industrial Revolution that began in the factories of Manchester. That is what led to the dawn of the Information Age that arose from the office parks of Silicon Valley. That’s why countries like China, India and Brazil are growing so rapidly -- because in fits and starts, they are moving toward market-based principles that the United States and the United Kingdom have always embraced.

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About Barack Obama

Barack Hussein Obama II (born August 4, 1961) is an American politician who served as the 44th president of the United States of America from 2009 to 2017. Born in Hawaii, the son of a Kenyan father and a mother from Kansas, he won the 2008 presidential election and was re-elected president in November 2012. A member of the U.S. Democratic Party, he was the first African American president. Before becoming president, he represented the 13th district for three terms in the Illinois Senate from 1997 to 2004 and served as United States senator from Illinois between January 4, 2005 and November 16, 2008. While president, he was the recipient of the 2009 Nobel Peace Prize.

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Also Known As

Birth Name: Barack Hussein Obama II
Also Known As: Barry
Alternative Names: POTUS 44 Barack Hussein Obama Barack H. Obama Barack Hussein Obama, Jr. Barack H Obama Barak Obama Barry Obama Barack Obama II

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Additional quotes by Barack Obama

Short, owlish, with a smooth Kentucky accent, McConnell seemed an unlikely Republican leader. He showed no aptitude for schmoozing, backslapping, or rousing oratory. As far as anyone could tell, he had no close friends even in his own caucus, nor did he appear to have any strong convictions beyond an almost religious opposition to any version of campaign finance reform. Joe told me of one run-in he'd had on the Senate floor after the Republican leader blocked a bill Joe was sponsoring; when Joe tried to explain the bill's merits, McConnell raised his hand like a traffic cop and said, "You must be under the mistaken impression that I care." But what McConnell lacked in charisma or interest in policy he more than made up for in discipline, shrewdness, and shamelessness- all of which he employed in the single-minded and dispassionate pursuit of power.

As we do every time this year, Presidents and Prime Ministers converge on this great city to advance important work. But as leaders, we are not the most important people here today. It is the civil society leaders who, in many ways, are going to have the more lasting impact, because as the saying goes, the most important title is not president or prime minister; the most important title is citizen. It is citizens -- ordinary men and women, determined to forge their own future -- who throughout history have sparked all the great change and progress.

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This is our time, to put our people back to work and open doors of opportunity for our kids; to restore prosperity and promote the cause of peace; to reclaim the American dream and reaffirm that fundamental truth, that, out of many, we are one; that while we breathe, we hope. And where we are met with cynicism and doubts and those who tell us that we can't, we will respond with that timeless creed that sums up the spirit of a people: Yes, we can.

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