It's hard to overemphasize how important Ford's deregulation was. True, most of the benefits took years to unfold-rail freight rates, for example… — Alan Greenspan Copy Share Image
The most important feature of an information economy, in which information is defined as surprise, is the overthrow, not the attainment, of… — George Gilder Copy Share Image
But there is always creative destruction in markets: there are always new winners taking the place of those that are. So if… — Kerr Neilson Copy Share Image
“Stay inquisitive. Question the potential interpretation of every collected data point. Remember that every successful idea has a life cycle, and a… — Ken Goldstein Copy Share Image
Entrepreneurship rests on a theory of economy and society. The theory sees change as normal and indeed as healthy. And it sees… — Peter Drucker Copy Share Image
The essential point to grasp is that in dealing with capitalism we are dealing with an evolutionary process — Joseph A. Schumpeter Copy Share Image
My philosophy, one of the biggest enemies of future success is past success, because you become complacent, you become risk averse, and… — Charles Koch Copy Share Image
According to the management expert Peter F. Drucker, the term "entrepreneur" (from the French, meaning "one who takes into hand") was introduced… — David Bornstein Copy Share Image
I try to build on our management philosophy. I try to understand what the threats and opportunities are for us. Uh, I… — Charles Koch Copy Share Image
Embrace change. Envision what could be, challenge the status quo, and drive creative destruction. — Charles Koch Copy Share Image
The entrepreneur shifts economic resources out of an area of lower and into an area of higher productivity and greater yield. — Jean-Baptiste Say Copy Share Image
Situations emerge in the process of creative destruction in which many firms may have to perish that nevertheless would be able to… — Joseph A. Schumpeter Copy Share Image
Adam Smith's 'invisible hand' is not above sudden, disturbing, movements. Since its inception, capitalism has known slumps and recessions, bubble and froth;… — Margaret Thatcher Copy Share Image