Business Quote by George Gilder
““The war between the centrifuge of knowledge and the centripetal pull of power remains the prime conflict in all economies. Reconciling the two impulses is a new economics, an economics that puts free will and the innovating entrepreneur not on the periphery but at the center of the system. It is an economics of surprise that distributes power as it extends knowledge. It is an economics of disequilibrium and disruption that tests its inventions in the crucible of a competitive marketplace. It is an economics that accords with the constantly surprising fluctuations of our lives.””
About This Quote
Source Speech: Economic Innovation Talk, 1995
The quote contrasts the expanding spread of knowledge with the concentrating force of power, urging a new economic model that places entrepreneurial freedom and surprise at its core, embracing disruption and disequilibrium as drivers of growth.
In simple terms: Knowledge expands while power pulls together; a new economy should center on entrepreneurial freedom and surprise.
Embrace disruption and empower entrepreneurs.
Themes
Mood
Type
When to use this quote
- startup ecosystems
- policy design
- market competition
- educational reform
- technology adoption
Key Concepts
Questions to Reflect On
- How can we balance entrepreneurial freedom with societal stability?
- What safeguards prevent power concentration in a surprise-driven economy?
It may overlook the need for regulation and stability in markets.