Best 72 quotes of George Gilder on MyQuotes

George Gilder

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    George Gilder

    Activity and creativity almost always flow to the least regulated arena.

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    George Gilder

    A culture that does not aspire to the divine becomes obsessed with the fascination of evil, reveling in the frivolous, the depraved, and the bestial.

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    George Gilder

    A design isn't finished until somebody is using it. Brenda Laurel Intelligent design itself does not have any content.

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    George Gilder

    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

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    George Gilder

    All progress comes from the creative minority.

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    George Gilder

    All small returns are noise. To transcend the noise and the risk, seek outsized returns from technological paradigms.

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    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.

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    George Gilder

    A successful economy depends on the proliferation of the rich, on creating a large class of risk-taking men who are willing to shun the easy channels of a comfortable life in order to create new enterprise, win huge profits, and invest them again.

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    George Gilder

    At the heart of capitalism is the unification of knowledge and power. As Friedrich Hayek, the leader of the Austrian school of economics, put it, "To assume all the knowledge to be given to a single mind... is to disregard everything that is important and significant in the real world." Because knowledge is dispersed, power must be as well.

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    George Gilder

    Bandwidth grows at least three times faster than computer power.

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    George Gilder

    But if the 1 percent and the 0.1 percent are respected and allowed to risk their wealth - and new rebels are allowed to rise up and challenge them - America will continue to be the land where the last regularly become the first by serving others.

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    George Gilder

    By merely foreswearing violence and taking advantage of their unique position contiguous with the world’s most creative people, the Palestinians could be rich and happy.

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    George Gilder

    Capitalism offers nothing but frustrations and rebuffs to those who wish - because of claimed superiority of intelligence, birth, credentials, or ideals - to get without giving, to take without risking, to profit without sacrifice, to be exalted without humbling themselves to understand others and meet their needs.

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    George Gilder

    Capitalists are motivated not chiefly by the desire to consume wealth or indulge their appetites, but by the freedom and power to consummate their entrepreneurial ideas.

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    George Gilder

    Creativity is the foundation of wealth. All progress comes from the creative minority. Under capitalism, wealth is less a stock of goods than a flow of ideas, the defining characteristic of which is surprise. If it were not surprising, we could plan it, and socialism would work.

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    George Gilder

    Enforced by genetics, sexual reproduction, perspective, and experience, the most manifest characteristic of human beings is their diversity. The freer an economy is, the more this human diversity of knowledge will be manifested. By contrast, political power originates in top-down processes-governments, monopolies, regulators, and elite institutions- all attempting to quell human diversity and impose order. Thus power always seeks centralization.

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    George Gilder

    Entrepreneurial creation is the generation, de novo, of novelty and surprise- freedom of choice originating in the world of ideas, and imagination beyond all concern with chemicals. The contrary view- that all ideas are determined by material relationships- is the materialist superstition.

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    George Gilder

    Entrepreneurial knowledge has little to do with certified expertise, advanced degrees, or the learning of establishment schools. The fashionably educated and cultivated spurn the kind of fanatically focused learning commanded by the innovators. Wealth all too often comes from doing what other people consider insufferably boring or unendurably hard.

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    George Gilder

    Entrepreneurship is the launching of surprises.

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    George Gilder

    Entropy is Janus-faced. Its upside surprises are redemptive and favorable to freedom. It is freedom of choice. But the carrier itself requires constant vigilance against entropic noise. Order is not spontaneous, but it is a necessary condition for all the surprises of freedom and opportunity.

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    George Gilder

    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.

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    George Gilder

    Giving is the vital impulse and moral center of capitalism.

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    George Gilder

    Hatred of producers of wealth still flourishes and has become, in fact, the racism of the intelligentsia.

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    George Gilder

    History tells us that the threat to prosperity is not debt but socialism.

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    George Gilder

    If government could create jobs and raise children, socialism would have worked.

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    George Gilder

    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.

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    George Gilder

    In a world of dumb terminals and telephones, networks had to be smart. But in a world of smart terminals, networks have to be dumb.

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    George Gilder

    In embracing change, entrepreneurs ensure social and economic stability.

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    George Gilder

    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.

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    George Gilder

    Intelligent design itself does not have any content.

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    George Gilder

    In the history of enterprise, most of the protagonists of major new products and companies began their education

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    George Gilder

    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.

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    George Gilder

    It's really hard to design products by focus groups. A lot of times, people don't know what they want until you show it to them. As Henry Ford said many years earlier: "If I had listened to my customers, I would have built a faster horse." Inventions in general express Shannon entropy. They come from the supply side.

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    George Gilder

    Liberals force lower middle-class families, who love their children, to dispatch them to ghetto schools dominated by gangs of fatherless boys bearing knives.

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    George Gilder

    Like the Pentagon, our social science often reduces all phenomena to dollars and body counts. Sexuality, family unity, kinship, masculine solidarity, maternity, motivation, nurturing, all the rituals of personal identity and development, all the bonds of community, seem "sexist," "superstitious," "mystical," "inefficient," "discriminatory." And, of course, they are -- and they are also indispensable to a civilized society.

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    George Gilder

    Most of America's leading entrepreneurs are bound to the masts of their fortunes. They are allowed to keep their wealth only as long as they invest it in others. In a real sense, they can keep only what they give away. It has been given to others in the form of investments. It is embodied in a vast web of enterprises that retains its worth only through constant work and sacrifice. Capitalism is a system that begins not with taking but with giving to others.

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    George Gilder

    Most people consider themselves above the gritty and relentless details of life that allow the creation of great wealth. They leave it to the experts. But in general you join the one percent of the one percent not by leaving it to the experts but by creating new expertise, not by knowing what the experts know but by learning what they think is beneath them.

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    George Gilder

    On every continent and in every epoch the peoples who have excelled in creating wealth have been the victims of some of society's greatest brutalities.

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    George Gilder

    People cannot be expected to learn one expertise and just apply it routinely in a job. Your expertise is in steadily renewing your knowledge base and extending it to new areas. That lifelong cycle of learning really is the foundation of the new information organization and economy.

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    George Gilder

    Poverty is less a matter of income than of prospects. While the incomes of the poor have steadily risen through Great Society largesse, their prospects have plummeted as families have broken into dependent fragments.

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    George Gilder

    Quality is abundant. Time is the new scarcity.

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    George Gilder

    Real poverty is less a state of income than a state of mind.

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    George Gilder

    Socialism is an insurance policy bought by all the members of a national economy to shield them from risk. But the result is to shield them from knowledge of the real dangers and opportunities.

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    George Gilder

    Some economists became obsessed with market efficiency and others with market failure. Generally held to be members of opposite schools-freshwater and saltwater, Chicago and Cambridge, liberal and conservative, Austrian and Keynesian-both sides share an essential economic vision. They see their discipline as successful insofar as it eliminates surprise-insofar, that is, as the inexorable workings of the machine override the initiatives of the human actors.

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    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.

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    George Gilder

    Surely women's liberation is a most unpromising panacea. But the movement is working politically, because our sexuality is so confused, our masculinity so uncertain, and our families so beleaguered that no one knows what they are for or how they are sustained.

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    George Gilder

    Television is not vulgar because people are vulgar; it is vulgar because people are similar in their prurient interests and sharply differentiated in their civilized concerns.

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    George Gilder

    The belief that all wealth comes from stealing is popular in prisons and at Harvard.

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    George Gilder

    The central event of the twentieth century is the overthrow of matter. ...The powers of the mind are everywhere ascendant over the brute force of things.

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    George Gilder

    The crucial role of the rich in a capitalist economy is... to invest; to provide unencumbered and unbureaucratized cash.