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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
Powerful
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Society
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More quotes by Charles Koch
Just keep trying things, without really understanding the underlying fibers of well-being, or peace or civility, then you're just going to stumble from one disaster to another.
Charles Koch
Many businesses with unpopular products or inefficient production find it much easier to curry the favor of a few influential politicians or a government agency than to compete in the open market.
Charles Koch
Repeatedly asking for government help undermines the foundations of society by destroying initiative and responsibility. It is also a fatal blow to efficiency and corrupts the political process.
Charles Koch
I think our biggest problem in society is we're headed more and more toward a two-tiered society. That is, creating welfare for the wealthy and destroying opportunities for the disadvantaged.
Charles Koch
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.
Charles Koch
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.
Charles Koch
A market system is not a profit system, it's a profit-and-loss system.
Charles Koch
Success is one of the worst enemies of success, because success tends to breed complacency and lack of humility.
Charles Koch
The good and the bad news is that politicians rarely do what they say they are going to do when they campaign.
Charles Koch
We try to reward people according to the value they create, value they create in society and for the company.
Charles Koch
Just Donald Trump's tenor and insulting of people is just beyond the pale.
Charles Koch
The great thing about my parents is they didn't preach anything they didn't practice.
Charles Koch
You can't start taking away benefits if people don't have any opportunities.
Charles Koch
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
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.
Charles Koch
You'll remember Newton was furious at Leibniz, because he developed calculus at the same time. And he went to his death believing that he had copied him. And no, it's because all the elements were there, so it's almost inevitable that the next discovery - as long as people are free and allowed to experiment and try new things.
Charles Koch
There are now businesses and entire industries that exist solely as a result of federal patronage. Profiting from government instead of earning profits in the economy, such businesses can continue to succeed even if they are squandering resources and making products that people wouldn't ordinarily buy.
Charles Koch
The problem is, to have prices fall would work fine if we didn't have all these built in rigidities on downward prices, because then things don't adjust, and that's how we have recessions and depressions, is prices and costs don't adjust together and they get out of whack, and we end up with dislocations.
Charles Koch
But it [crony capitalism] erodes our overall standard of living and stifles entrepreneurs by rewarding the politically favored rather than those who provide what consumers want.
Charles Koch
If we are going to have a Fed, it should not fall into the tyranny of experts with the a fatal conceit that a few wise people can determine interest rates. Interest rates should be driven by the market, and people's time preference, and we see these boom-bust cycles.
Charles Koch
