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I don't have all the answers. I have a lot of questions. And I have some basic principles.
Charles Koch
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Charles Koch
Age: 88
Born: 1935
Born: November 1
Businessman
Businessperson
Wichita
Kansas
Charles G. Koch
Charles de Ganahl Koch
Principles
Answers
Basic
Questions
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
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
We must measure what leads to results, not simply what is easy to measure.
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
If you never failed, then you're probably not doing very much.
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
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
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
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
I get a lot of death threats. But the way I look at it, I feel I have a moral obligation to do the best I can to make the country better for everybody, and that threatens certain people because they're going to have much less power. I want the power to go back to people making decisions over their own lives rather than some experts making it.
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
We find that when we make an acquisition, or we have a hiring experience, that's one of the hardest things to change. If you've been working for a company where you didn't dare challenge your boss, or what's politically correct in the company, then it affects your career.
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
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
You can't start taking away benefits if people don't have any opportunities.
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
I like to think that I try to learn something every day - and change my views, modify my views as I learn.
Charles Koch
Corporate welfare, I think, is a disaster for this country. It's crippling our economy. It is contributing to a permanent underclass and corrupting the business community.
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
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