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I studied what principles under-laid peace and prosperity and concluded the only way to achieve societal well-being was through a system of economic freedom.
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
System
Economic
Societal
Freedom
Concluded
Peace
Studied
Wells
Laid
Well
Prosperity
Way
Achieve
Principles
More quotes by 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
Innovation comes from recombining existing technology and different perspectives in innovative ways.
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
Success is one of the worst enemies of success, because success tends to breed complacency and lack of humility.
Charles Koch
Why I've never been that fond of politics and only got into it recently kicking and screaming, because I don't think politicians are going to reverse the trajectory of this country. I think it's going to depend on the American people understanding what is fair and what makes their lives better.
Charles Koch
In America, the first thing we have to get rid of is entitlements for the wealthy, and at the same time, open up the economy to the disadvantaged.
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
The role of business is to provide products and services that make peoples lives better - while using fewer resources - and to act lawfully and with integrity.
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
We try to reward people according to the value they create, value they create in society and for the company.
Charles Koch
You can't start taking away benefits if people don't have any opportunities.
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
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
To be happy you have to fulfill your nature. That's what Aristotle taught so many centuries ago, that the road to happiness isn't to go drink more or consume more. The road to happiness is to fully develop your abilities, and then apply them to do good.
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 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.
Charles Koch
I don't have all the answers. I have a lot of questions. And I have some basic principles.
Charles Koch
We must measure what leads to results, not simply what is easy to measure.
Charles Koch
I think this is so important - what's not done well at education at every level - is helping kids find, as I discovered for myself, what I was good at. I was very lucky to find out that at an early age, which set my direction in life.
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