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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
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Charles Koch
Age: 89
Born: 1935
Born: November 1
Businessman
Businessperson
Wichita
Kansas
Charles G. Koch
Charles de Ganahl Koch
First
Entitlements
Thing
Disadvantaged
Time
Entitlement
Wealthy
Economy
Open
America
Firsts
More quotes by Charles Koch
The great thing about my parents is they didn't preach anything they didn't practice.
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
I try to hire people who will challenge and have the humility to be challenged - people who have basically good values.
Charles Koch
The reason we tend to support Republicans is they're taking us toward the cliff at only 70 miles per hour miles an hour and the Democrats are taking us 100 miles an hour.
Charles Koch
Far too many businesses have been all too eager to lobby for maintaining and increasing subsidies and mandates paid by taxpayers and consumers.
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
You've got to learn to work with others. One of my main values is, you learn this system of mutual benefit. That is, if you shirk and you try to make the other guy do more, he's going to do that to you.
Charles Koch
We try to reward people according to the value they create, value they create in society and for the company.
Charles Koch
That's the first rule for anybody who controls - do no harm.
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
I have been a libertarian in my past but now I consider myself a classical liberal.
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
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
Far too many businesses have been all too eager to lobby for maintaining and increasing subsidies and mandates paid by taxpayers and consumers. This growing partnership between business and government is a destructive force, undermining not just our economy and our political system, but the very foundations of culture.
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
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
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
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
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
