Home / Authors / George Gilder

George Gilder Quotes

Writer

George Gilder, born on November 29, 1939, is an American writer, economist, and technology critic. His works cover economics, technology, and public policy, offering profound insights into free markets and technological innovation.

Filter quotes by topic

All Wealth Economy Capitalism Economics People Order Theory Creative Entrepreneur Information Surprise World Company Humans Ifs Knows Resources Risk School Socialism

Famous George Gilder Quotes

“In an information economy, entrepreneurs master the science of information in order to overcome the laws of the purely physical sciences. They can succeed because of the surprising power of the laws of information, which are conducive to human creativity. The central concept of information theory is a measure of freedom of choice. The principle of matter, on the other hand, is not liberty but limitation- it has weight and occupies space.”

Source: Knowledge and Power: The Information Theory of Capitalism and How it is Revolutionizing our World

“From the equilibrium and spontaneous order of Adam Smith and his heirs, from invisible-handed markets and perfect competition, supply and demand, and rewards and punishments, I was pushed to theories of disequilibrium and disorder, and information and noise, as the keys to understanding economic progress.”

Source: Knowledge and Power: The Information Theory of Capitalism and How it is Revolutionizing our World

“The most important feature of an information economy, in which information is defined as surprise, is the overthrow, not the attainment, of equilibrium. The science that we have come to know as information theory establishes the supremacy of the entrepreneur because it appreciates the powerful connection between destruction and what Schumpeter described as "creative destruction," between chaos and creativity.”

Source: Knowledge and Power: The Information Theory of Capitalism and How it is Revolutionizing our World

“The prevailing theory of capitalism suffers from one central and disabling flaw, a profound distrust and incomprehension of capitalism.”

Suffering Theory Capitalism Profound Flaws Distrust Prevailing Incomprehension

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

“Welfare now erodes work and family and thus keeps poor people poor. Accompanying welfare is an ideology - sustaining a whole system of federal and state bureaucracies - that also operates to destroy their faith. The ideology takes the form of false theories of discrimination and spurious claims of racism and sexism as the dominant forces in the lives of the poor.”

People States Whole Form Force Poor Theory Racism Claims Discrimination Ideology Welfare Sexism Dominant Bureaucracy Poor People Sustaining Erode

Book:Wealth and Poverty: A New Edition for the Twenty-First Century

Source: Wealth and Poverty: A New Edition for the Twenty-First Century

“The key role of entrepreneurs, like the most crucial role of scientists, is not to fill in the gaps in an existing market or theory, but to generate entirely new markets or theories. . .They stand before a canvas as empty as any painter's; a page as blank as any poet's.”

Roles Poet Theory Keys Pages Empty Scientist Entrepreneur Painter Gaps Crucial Blank Canvas

Book:The Spirit of Enterprise

Source: The Spirit of Enterprise

“A fundamental principle of information theory is that you can’t guarantee outcomes… in order for an experiment to yield knowledge, it has to be able to fail. If you have guaranteed experiments, you have zero knowledge”

Ifs Able Order Principles Failing Information Theory Fundamentals Experiments Outcomes Guarantees Yield Zero Fundamental Principles

Author:George Gilder