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Quote by Charles Koch

“Just spreading the money around - that isn't what makes people better off; it's having more and better goods and services.”

Quote by Charles Koch

Author

Charles Koch is an American businessman, born on November 1, 1935. He is the founder and CEO of Koch Industries, one of the largest private companies in the United States. Koch Industries operates in various industries, including oil, chemicals, and forest products, and is one of the largest private companies in the world. Koch has achieved great success in the business world, but is also a controversial political donor. more

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“What we need to work on is how to increase productivity. And then everybody will be better off.”

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“I've been blessed by learning certain principles and values that transformed my life and enabled me to accomplish more than I really had the ability to do or ever dream possible. And so I decided that I wanted to give as many other people as possible the opportunity to learn these ideas and transform their lives as I had.”

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“Our system here of creating value for others and having people do the right thing, exchange information, and so on only works if people have the right values.”

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“I try to hire people who will challenge and have the humility to be challenged - people who have basically good values.”

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“If people are teaching economics, they need to teach all the different disciplines, all the different schools in economics. They can't just teach one because then the person isn't equipped to deal with the economics profession.”

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“A university shouldn't be a place of comfort. It should be a place of discomfort because you want to disabuse these kids of whatever prejudices or preconceptions they have when they come. You're trying to get them to think and develop, not be a Johnny-one-note.”

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“Anytime students shout down a speaker who says something different, this is not good.”

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“What hermeneutics teaches is that progress comes from being exposed to different points of views because there's no point of view that is right for all situations and all times. And even if it's superior to the others, you can enrich it by drawing on others or thinking: "Why is that wrong and how do I improve my approach? How do I come up with a better approach?" So that's essential for innovation just like it is in technology.”

“The essence of a university is free and open inquiry, and when it loses that it is no longer a university.”

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“If the legislation helps people improve their lives, then that's great because that's the ultimate goal of all of this.”

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