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All small returns are noise. To transcend the noise and the risk, seek outsized returns from technological paradigms.
George Gilder
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George Gilder
Age: 84
Born: 1939
Born: November 29
Economist
Philosopher
Writer
New York City
New York
Noise
Seek
Return
Outsized
Risk
Paradigms
Small
Transcend
Paradigm
Returns
Technological
More quotes by George Gilder
Poverty is less a matter of income than of prospects. While the incomes of the poor have steadily risen through Great Society largesse, their prospects have plummeted as families have broken into dependent fragments.
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In embracing change, entrepreneurs ensure social and economic stability.
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The envy of excellence leads to perdition the love of it leads to the light.
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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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Surely women's liberation is a most unpromising panacea. But the movement is working politically, because our sexuality is so confused, our masculinity so uncertain, and our families so beleaguered that no one knows what they are for or how they are sustained.
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The first priority of any serious program against poverty is to strengthen the male role in poor families.
George Gilder
In a world of dumb terminals and telephones, networks had to be smart. But in a world of smart terminals, networks have to be dumb.
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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.
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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.
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A design isn't finished until somebody is using it. Brenda Laurel Intelligent design itself does not have any content.
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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.
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Activity and creativity almost always flow to the least regulated arena.
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Capitalism begins with giving.
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Intelligent design itself does not have any content.
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But if the 1 percent and the 0.1 percent are respected and allowed to risk their wealth - and new rebels are allowed to rise up and challenge them - America will continue to be the land where the last regularly become the first by serving others.
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The United States is probably the most [socially] mobile society in the history of the world. The virtues that are most valuable in it are diligence, discipline, ambition, and a willingness to take risks. Education and credentials are most important in government elsewhere most skills are learned on the job.
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Entrepreneurship is the launching of surprises.
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The central event of the twentieth century is the overthrow of matter. ...The powers of the mind are everywhere ascendant over the brute force of things.
George Gilder
In the history of enterprise, most of the protagonists of major new products and companies began their education
George Gilder
At the heart of capitalism is the unification of knowledge and power. As Friedrich Hayek, the leader of the Austrian school of economics, put it, To assume all the knowledge to be given to a single mind... is to disregard everything that is important and significant in the real world. Because knowledge is dispersed, power must be as well.
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