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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
Returns
Technological
Noise
Seek
Return
Outsized
Risk
Paradigms
Small
Transcend
Paradigm
More quotes by George Gilder
Capitalism begins with giving.
George Gilder
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.
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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.
George Gilder
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
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.
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.
George Gilder
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.
George Gilder
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
Hatred of producers of wealth still flourishes and has become, in fact, the racism of the intelligentsia.
George Gilder
Real poverty is less a state of income than a state of mind.
George Gilder
The prevailing theory of capitalism suffers from one central and disabling flaw, a profound distrust and incomprehension of capitalism.
George Gilder
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.
George Gilder
The envy of excellence leads to perdition the love of it leads to the light.
George Gilder
In embracing change, entrepreneurs ensure social and economic stability.
George Gilder
A design isn't finished until somebody is using it. Brenda Laurel Intelligent design itself does not have any content.
George Gilder
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
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
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
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
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
George Gilder