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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
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Charles Koch
Age: 89
Born: 1935
Born: November 1
Businessman
Businessperson
Wichita
Kansas
Charles G. Koch
Charles de Ganahl Koch
Needs
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More quotes by Charles Koch
The poorest Americans use three time the energy as the percentage of their income as the average American does. This is going to disproportionately hurt the poor. It may make the whole electric grid unstable, depending on how it is enforced. And it does nothing for the climate.
Charles Koch
I've had the philosophy that John Adams expressed, in the kind of system that we're trying to create in this country: that this is a system for moral people. It will work for no other.
Charles Koch
You can pay certain people more money and stuff but that's just going to be a transfer from one group to another. The only way people's wages are going to rise overall, or average median income is going to rise, is if you increase productivity.
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
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
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
Our vision controls the way we think and, therefore, the way we act the vision we have of our jobs determines what we do and the opportunities we see or don't see.
Charles Koch
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
The good and the bad news is that politicians rarely do what they say they are going to do when they campaign.
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
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.
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
The great thing about my parents is they didn't preach anything they didn't practice.
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
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
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
All of our policies are based on whether it will make - enable people to improve their lives or it will make their lives worse.
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.
Charles Koch
If you never failed, then you're probably not doing very much.
Charles Koch
A lot of the Republican rhetoric better than the Democrats'. But when they're in office, it's pretty much the same thing. It's serving their supporters, it's corporate welfare, it's cronyism which is so destructive, particularly to the disadvantaged.
Charles Koch
