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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: 85
Born: 1939
Born: November 29
Economist
Philosopher
Writer
New York City
New York
Technological
Noise
Seek
Return
Outsized
Risk
Paradigms
Small
Transcend
Paradigm
Returns

More quotes by 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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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 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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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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Hatred of producers of wealth still flourishes and has become, in fact, the racism of the intelligentsia.
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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Activity and creativity almost always flow to the least regulated arena.
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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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The envy of excellence leads to perdition the love of it leads to the light.
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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.
George Gilder
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The prevailing theory of capitalism suffers from one central and disabling flaw, a profound distrust and incomprehension of capitalism.
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Entrepreneurship is the launching of surprises.
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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.
George Gilder
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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 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
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On every continent and in every epoch the peoples who have excelled in creating wealth have been the victims of some of society's greatest brutalities.
George Gilder
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The differences between the sexes are the single most important fact of human society.
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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Unlike an inexorable, Newtonian great machine, the economy is not a closed system.
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In embracing change, entrepreneurs ensure social and economic stability.
George Gilder