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Unlike an inexorable, Newtonian great machine, the economy is not a closed system.

George Gilder

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George Gilder
Age: 84
Born: 1939
Born: November 29
Economist
Philosopher
Writer
New York City
New York
Closed
Machine
Machines
System
Economy
Great
Newtonian
Inexorable
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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.
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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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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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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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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.
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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.
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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 prevailing theory of capitalism suffers from one central and disabling flaw, a profound distrust and incomprehension of capitalism.
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Intelligent design itself does not have any content.
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Entrepreneurship is the launching of surprises.
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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.
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Activity and creativity almost always flow to the least regulated arena.
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All small returns are noise. To transcend the noise and the risk, seek outsized returns from technological paradigms.
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The first priority of any serious program against poverty is to strengthen the male role in poor families.
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Wealth usually comes from doing what other people find insufferably boring.
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Capitalism begins with giving.
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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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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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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