"I want to talk to you about an area in which freedom is just as vital as speech and, as the years go by, will become more and more important. I'm talking about the developing economy of the future, an economy of great challenges and even greater opportunities, if only we have the courage to embrace them, to jettison the prejudices and small-mindedness of the past and open our arms to economic freedom on a world scale."
Ronald Reagan, 40th President of the United States, is the first "sitting" president to address the City Club.