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Central planning didn't work for Stalin or Mao, and it won't work for an entrepreneur either.

Michael Bloomberg

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Michael Bloomberg
Age: 82
Born: 1942
Born: February 14
Actor
Aircraft Pilot
Bank Manager
Businessperson
Former Mayor Of New York City
Politician
Trader
Writer
Boston
Massachusetts
Michael Rubens Bloomberg
Michael R. Bloomberg
Mike Bloomberg
Either
Didn
Work
Mao
Stalin
Central
Entrepreneur
Planning

More quotes by Michael Bloomberg

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Is your company so small you have to do everything for yourself? Wait until you're so big that you can't. That's worse.
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Whatever you may think of the proposed mosque and community center, lost in the heat of the debate has been a basic question: Should government attempt to deny private citizens the right to build a house of worship on private property based on their particular religion?
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My father, a bookkeeper who never earned more than $11,000 a year in his life, sat there, writing out a $25 check to the NAACP. When I asked him why, he said discrimination against anyone is discrimination against us all. And I never forgot that. Indeed, his philanthropy was a gift, not just to that organization, but to me.
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I think one of the great dangers here is going and categorizing anybody from one religion as a terrorist. That's not true... That would let the terrorists win. That's what they want us to do.
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I think if you look at people, whether in business or government, who haven't had any moral compass, who've just changed to say whatever they thought the popular thing was, in the end they're losers.
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We have an energy policy - we're transferring our wealth to overseas to a bunch of countries that don't have the same values as us. In some cases, they're using our money to finance terrorism against us.
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Working collectively and collaboratively is the difference between mediocrity by yourself or success as a team. You have to share the pain and the responsibility and if you do then you will also share in the rewards.
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I believe in Judaism, I was raised a Jew, I'm happy to be one - or proud to be one.
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We're paying more for the privilege of getting sick and dying early. Once again, it makes no sense. And once again, no one in Washington is talking about how to fix it.
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If you want to do something for your children and show how much you love them, the single best thing-by far-is to support organizations that will create a better world for them and their children.
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We will rebuild, renew and remain the capital of the free world.
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We've shown the world that New York can never be defeated, because of its dynamic and diverse population and because it embodies the spirit of enterprise and the love of liberty. And because no matter who you are, if you believe in yourself and your dream, New York will always be the place for you.
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We're [New York] the world's second home, the place where every religion is practiced and every culture is celebrated.
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If Warren Buffett made his money from ordinary income rather than capital gains, his tax rate would be a lot higher than his secretary's. In fact a very small percentage of people in this country pay a big chunk of the taxes.
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You are safer here tonight than you would be on the streets of any other city in the world.
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There is no business in America that would be prevented from taking results into account when making personnel decisions.
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I think it's a sign that the establishment is going to have to change. For too long they never thought about the average person, because the average person is not organized.
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There's a fascinating statistic: One out of every four people in America has visited New York since 9/11. It is astounding. Now, I don't know how you count it it's some people coming multiple times.
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You have to understand, we have better communications and better transportation, so people know what's available elsewhere and can get a message out, and you can move things. And you [can] say that the economy is more unpredictable.
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Don't think that I'm - I'd- I'm infallible. Will always make mistakes.
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