“In order to understand the movement of prices, you need not an oscilloscope to measure the entire market and reduce it to noise, but a microscope to investigate the creative process behind every company and its price.” NeedsOrderProcessBehindsCompanyCreativeMovementEconomicsNoiseCreative ProcessMicroscopes Book:Knowledge and Power: The Information Theory of Capitalism and How it is Revolutionizing our World Source: Knowledge and Power: The Information Theory of Capitalism and How it is Revolutionizing our World
“In the history of enterprise, most of the protagonists of major new products and companies began their education” CompanyProductsMajorsCapitalismEnterpriseProtagonistsNew Products Book:The Spirit of Enterprise Source: The Spirit of Enterprise
“In the history of enterprise, most of the protagonists of major new products and companies began their education - not in the classroom, where the old ways are taught, but in the factories and labs where new ways are wrought ... nothing has been so rare in recent years as an Ivy League graduate who has made a significant innovation in American enterprise.” WayYearsHas BeensMadeCompanyTaughtProductsMajorsCapitalismInnovationSignificantLeagueEnterpriseGraduatesFactoriesClassroomNew WaysLabsIvyProtagonistsOld WaysNew ProductsIvy League Author:George Gilder
“[Successful] projects that entrepreneurs initiated and carried through had one essential quality. All had been thoroughly contemplated by the regnant experts and dominant companies, with their large research staffs and financial resources, and had been judged too difficult, untimely, risky, expensive and unprofitable.” DifficultQualityCompanySuccessfulEssentialsProjectsResearchResourcesEntrepreneurFinancialExpertsExpensiveJudgedDominantFinancial Resources Author:George Gilder
“A policy of subsidizing failures will end in an economy strewn with capital-guzzling industries long past their time of profitability - old companies that cannot create jobs themselves, but can stand in the way of job creation.” WayLongEndsJobsPastCompanyEconomyPolicyCreationIndustryLibertarianProfitabilityJob Creation Author:George Gilder
