“An economics of systems only-an economics of markets but not of men-is fatally flawed.” — George Gilder Copy Share Image
Unlike an inexorable, Newtonian "great machine", the economy is not a closed system. — George Gilder Copy Share Image
“An economy is a "noosphere" (a mind-based system), and it can revive as quickly as minds and policies can change.” — George Gilder Copy Share Image
“The economy is a test and measurement system, and it requires reliable learning guided by an accurate meter of monetary value.” — George Gilder Copy Share Image
The crucial role of the rich in a capitalist economy is... to invest; to provide unencumbered and unbureaucratized cash. — George Gilder Copy Share Image
In order to understand the movement of prices, you need not an oscilloscope to measure the entire market and reduce it to… — George Gilder Copy Share Image
The prevailing theory of capitalism suffers from one central and disabling flaw, a profound distrust and incomprehension of capitalism. — George Gilder Copy Share Image
“The Newtonian scheme became an illusion of determinism in a tempestuous world of human actions. Economists became preoccupied with mechanical models of… — George Gilder Copy Share Image
Capitalists are motivated not chiefly by the desire to consume wealth or indulge their appetites, but by the freedom and power to… — George Gilder Copy Share Image
A policy of subsidizing failures will end in an economy strewn with capital-guzzling industries long past their time of profitability - old… — George Gilder Copy Share Image
Entrepreneurial creation is the generation, de novo, of novelty and surprise- freedom of choice originating in the world of ideas, and imagination… — George Gilder Copy Share Image
At the heart of capitalism is the unification of knowledge and power. As Friedrich Hayek, the leader of the Austrian school of… — George Gilder Copy Share Image
From the equilibrium and spontaneous order of Adam Smith and his heirs, from invisible-handed markets and perfect competition, supply and demand, and… — George Gilder Copy Share Image
Creativity is the foundation of wealth. All progress comes from the creative minority. Under capitalism, wealth is less a stock of goods… — George Gilder Copy Share Image
“Yet economics purports to be strangely exempt from this fact of life. From Adam Smith's day to our own, the chief concern… — George Gilder Copy Share Image
Entropy is Janus-faced. Its upside surprises are redemptive and favorable to freedom. It is freedom of choice. But the carrier itself requires… — George Gilder Copy Share Image
“The risk-bearing role of the rich cannot be performed so well by anyone else. The benefits of capitalism still depend on capitalists.… — George Gilder Copy Share Image
Some economists became obsessed with market efficiency and others with market failure. Generally held to be members of opposite schools-freshwater and saltwater,… — George Gilder Copy Share Image
The information glut has become a ruling cliche. As all resources - from energy to information - become more abundant, the presure… — George Gilder Copy Share Image
“The war between the centrifuge of knowledge and the centripetal pull of power remains the prime conflict in all economies. Reconciling the… — George Gilder 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
Capitalism offers nothing but frustrations and rebuffs to those who wish - because of claimed superiority of intelligence, birth, credentials, or ideals… — George Gilder Copy Share Image
Most of America's leading entrepreneurs are bound to the masts of their fortunes. They are allowed to keep their wealth only as… — George Gilder Copy Share Image
It's really hard to design products by focus groups. A lot of times, people don't know what they want until you show… — George Gilder Copy Share Image
In an information economy, entrepreneurs master the science of information in order to overcome the laws of the purely physical sciences. They… — George Gilder Copy Share Image
A successful economy depends on the proliferation of the rich, on creating a large class of risk-taking men who are willing to… — George Gilder Copy Share Image
“The freer an economy is, the more this human diversity of knowledge will be manifested. By contrast, political power originates in top-down… — George Gilder Copy Share Image
When capitalists are thwarted, deflected, or dispossessed, the generals and politicians,... and socialist intellectuals, are always amazed at how quickly the great… — George Gilder Copy Share Image
“We begin with the proposition that capitalism is not chiefly an incentive system but an information system. We continue with the recognition,… — George Gilder Copy Share Image
Enforced by genetics, sexual reproduction, perspective, and experience, the most manifest characteristic of human beings is their diversity. The freer an economy… — George Gilder Copy Share Image
“It removes information from the market when I need more and more...Indexing is a waste heap--information so merged and muffled that it hides knowledge… — George Gilder Copy Share Image
“An economics of systems only-an economics of markets but not of men-is fatally flawed.” — George Gilder Copy Share Image
If government could create jobs and raise children, socialism would have worked. — George Gilder Copy Share Image
Socialism is an insurance policy bought by all the members of a national economy to shield them from risk. But the result is to… — George Gilder Copy Share Image
“The freer an economy is, the more this human diversity of knowledge will be manifested. By contrast, political power originates in top-down processes-governments, monopolies,… — George Gilder Copy Share Image
A policy of subsidizing failures will end in an economy strewn with capital-guzzling industries long past their time of profitability - old companies that… — George Gilder Copy Share Image
“The index is retrospective. The crucial alpha, the entropy, the signal modulating that linear advance...comes from knowledge of the entrepreneurial surprises harbored on the… — George Gilder Copy Share Image
In order to understand the movement of prices, you need not an oscilloscope to measure the entire market and reduce it to noise, but… — George Gilder 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 equilibrium. The… — George Gilder Copy Share Image
Nothing is more deadly to achievement than the belief that effort will not be rewarded, that the world is a bleak and discriminatory place… — George Gilder Copy Share Image
“An economy is a "noosphere" (a mind-based system), and it can revive as quickly as minds and policies can change.” — George Gilder Copy Share Image
“Obviously the most enduring way to make this commitment is through marriage. Yet because sexual liberals deny the differences between the sexes, their explanations… — George Gilder Copy Share Image
