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No centralized government, no matter how big, how smart or how powerful, can effectively and efficiently control much of society in a beneficial way. On the contrary, big governments are inherently inefficient and harmful.
Charles Koch
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Charles Koch
Age: 89
Born: 1935
Born: November 1
Businessman
Businessperson
Wichita
Kansas
Charles G. Koch
Charles de Ganahl Koch
Way
Control
Efficiently
Powerful
Harmful
Society
Inherently
Bigs
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More quotes by Charles Koch
Both my parents were a tremendous influence on me. My father's influence came from - he decided well, probably before we were born that as he put it, 'I'm not going to have any kids who are country club bums.'
Charles Koch
That's the first rule for anybody who controls - do no harm.
Charles Koch
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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We try to reward people according to the value they create, value they create in society and for the company.
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Years later, when I asked my father, I said 'Pop, why were you so much harder on me than my younger brothers?' he said, son, you plum wore me out.
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If somebody is doing more and more to make other people's lives better, have them make all they can, if that's what drives them, because that's what we want.
Charles Koch
For business to survive over a long period, it needs to be contributing to society and people's well-being. Otherwise, who's going to want it? Otherwise you end up like Enron or some of these other companies.
Charles Koch
My parents worked really hard at communicating other values they felt were important, such as integrity, courage, humility, treating others with dignity and respect, and having a thirst for knowledge.
Charles Koch
We oppose all corporate welfare, whether we benefit or not. You will find that our policy positions mainly hurt our profitability rather than help it.
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If you've got a dirty job, the best way is to help each other and then you'll create this culture of mutual benefit. And then you've got to understand who your customer is and create value for them and so on.
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The old idea that some genius pulls all of this stuff out of the air is ridiculous. As Ridley pointed out, the only way Edison could invent the lightbulb is because all the elements had been developed before. That's obvious it wasn't just his genius - 20 others developed it at the same time. And that's true for almost every invention and discovery.
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The good and the bad news is that politicians rarely do what they say they are going to do when they campaign.
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I don't have all the answers. I have a lot of questions. And I have some basic principles.
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The easy way to make money is to get special political privilege. From the beginning of time, business has cozied up to government and gotten restrictions on competition and subsidies and stuff.
Charles Koch
Best part of my job is fulfillment. When I see that, that we're creating value, that we're helping improve people's lives, and we benefit from it, so it's a system of mutual benefit. Our philosophy's working. That's what turns me on. That's what keeps me going.
Charles Koch
My father would always say learn everything you can and whenever you can, because you never know when it'll come in handy.
Charles Koch
First word [of my father] when I arrived [as a CEO] is, 'Son, i hope your first deal is a loser, otherwise, you'll think you're a lot smarter than you are.' But he had tremendous values, tremendous integrity, humility, work ethic and terrific thirst for knowledge.
Charles Koch
Innovation comes from recombining existing technology and different perspectives in innovative ways.
Charles Koch
They say your genetics are going to set your direction regardless of what happens, but I think there's more to it than that.
Charles Koch
Innovation doesn't come from one big thing, it comes from a piece at a time, from combining existing technology. We have in a sense a stagnation, in all those areas where we have cronyism and political correctness and the precautionary principle. Get all of those together, then yeah, you have stagnation, and that's what we're seeing.
Charles Koch
