“The old revolutionary chant "Power to the People," usually accompanied by a raised clenched fist, has gone out of fashion. The failure of the socialist model has become too evident. The phrase probably came from the battle cry of the… — Walter B. Wriston Copy Share Image
“Information has always been power, now it is also wealth. Nonmaterial and, with the aid of modern technology, extremely mobile, information can escape government control far more easily than other forms of capital. Draconian or even merely bureaucratic systems for controlling the flow or use of information tend to destroy or waste it. Economically useful information is usually original, innovative,… — Walter B. Wriston Copy Share
“Although much has been written about the decline of American competitiveness, in many ways this new global market plays to our strengths. The constant in the global marketplace is change, and change is what we Americans deal with best. We have always been innovators. Who else would choose as a national motto on our great seal "novus ordo seclorum" -… — Walter B. Wriston Copy Share
“Markets are voting machines; they function by taking referenda. In the new world money market, for example, currency values are now decided by a… — Walter B. Wriston Copy Share Image
“The old revolutionary chant "Power to the People," usually accompanied by a raised clenched fist, has gone out of fashion. The failure of the… — Walter B. Wriston Copy Share Image
“When steel mills can move to more hospitable climates, they no longer present a stationary target for government or union control. The more than… — Walter B. Wriston Copy Share Image
“If capital is what produces a stream of income - and that is a definition no one seems to quarrel with - then it… — Walter B. Wriston Copy Share Image
