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A policy of subsidizing failures will end in an economy strewn with capital-guzzling industries long past their time of profitability - old companies that cannot create jobs themselves, but can stand in the way of job creation.

George Gilder

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George Gilder
Age: 85
Born: 1939
Born: November 29
Economist
Philosopher
Writer
New York City
New York
Past
Policy
Profitability
Long
Stand
Industries
Way
Economy
Failures
Time
Create
Libertarian
Company
Capital
Jobs
Companies
Guzzling
Cannot
Creation
Subsidizing
Ends
Industry
Strewn

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Unlike femininity, relaxed masculinity is at bottom empty, a limp nullity. While the female body is full of internal potentiality, the male is internally barren. Manhood at the most basic level can be validated and expressed only in action.
George Gilder
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The rates of taxation climb and the levels of capital decline, until the only remaining wealth beyond the reach of the regime is the very protein of human flesh, and that too is finally taxed, bound, and gagged, and brought to the colossal temple of the state - a final sacrifice of carnal revenue to feed the declining elite.
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Hatred of producers of wealth still flourishes and has become, in fact, the racism of the intelligentsia.
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It's really hard to design products by focus groups. A lot of times, people don't know what they want until you show it to them. As Henry Ford said many years earlier: If I had listened to my customers, I would have built a faster horse. Inventions in general express Shannon entropy. They come from the supply side.
George Gilder
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The envy of excellence leads to perdition the love of it leads to the light.
George Gilder
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Socialism is an insurance policy bought by all the members of a national economy to shield them from risk. But the result is to shield them from knowledge of the real dangers and opportunities.
George Gilder
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A fundamental principle of information theory is that you can’t guarantee outcomes… in order for an experiment to yield knowledge, it has to be able to fail. If you have guaranteed experiments, you have zero knowledge
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People cannot be expected to learn one expertise and just apply it routinely in a job. Your expertise is in steadily renewing your knowledge base and extending it to new areas. That lifelong cycle of learning really is the foundation of the new information organization and economy.
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Television is not vulgar because people are vulgar it is vulgar because people are similar in their prurient interests and sharply differentiated in their civilized concerns.
George Gilder
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The welfare culture tells the man he is not a necessary part of the family he feels dispensable, his wife knows he is dispensable, his children sense it.
George Gilder
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Entropy is Janus-faced. Its upside surprises are redemptive and favorable to freedom. It is freedom of choice. But the carrier itself requires constant vigilance against entropic noise. Order is not spontaneous, but it is a necessary condition for all the surprises of freedom and opportunity.
George Gilder
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Entrepreneurial creation is the generation, de novo, of novelty and surprise- freedom of choice originating in the world of ideas, and imagination beyond all concern with chemicals. The contrary view- that all ideas are determined by material relationships- is the materialist superstition.
George Gilder
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Nothing is more deadly to achievement than the belief that effort will not be rewarded, that the world is a bleak and discriminatory place in which only the predatory and the specially preferred can get ahead.
George Gilder
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Unlike an inexorable, Newtonian great machine, the economy is not a closed system.
George Gilder
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The first priority of any serious program against poverty is to strengthen the male role in poor families.
George Gilder
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Entrepreneurial knowledge has little to do with certified expertise, advanced degrees, or the learning of establishment schools. The fashionably educated and cultivated spurn the kind of fanatically focused learning commanded by the innovators. Wealth all too often comes from doing what other people consider insufferably boring or unendurably hard.
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Intelligent design itself does not have any content.
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Capitalists are motivated not chiefly by the desire to consume wealth or indulge their appetites, but by the freedom and power to consummate their entrepreneurial ideas.
George Gilder
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Entrepreneurship is the launching of surprises.
George Gilder
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Wealth usually comes from doing what other people find insufferably boring.
George Gilder