Occupation: Writer Birth: November 29, 1939
The belief that all wealth comes from stealing is popular in prisons and at Harvard..
The fundamental fact in the lives of the poor in most parts of America is that the wages of common labor are far below the benefits of AFDC, Medicaid….
Activity and creativity almost always flow to the least regulated arena..
The first priority of any serious program against poverty is to strengthen the male role in poor families..
The key role of entrepreneurs, like the most crucial role of scientists, is not to fill in the gaps in an existing market or theory, but to generate ….
The welfare culture tells the man he is not a necessary part of the family; he feels dispensable, his wife knows he is dispensable, his children sens….
Quality is abundant. Time is the new scarcity..
Capitalism begins with giving..
A culture that does not aspire to the divine becomes obsessed with the fascination of evil, reveling in the frivolous, the depraved, and the bestial..
Real poverty is less a state of income than a state of mind..
Most people consider themselves above the gritty and relentless details of life that allow the creation of great wealth. They leave it to the experts….
Unlike femininity, relaxed masculinity is at bottom empty, a limp nullity. While the female body is full of internal potentiality, the male is intern….
A fundamental principle of information theory is that you can’t guarantee outcomes… in order for an experiment to yield knowledge, it has to be able ….
Capitalism offers nothing but frustrations and rebuffs to those who wish - because of claimed superiority of intelligence, birth, credentials, or ide….
Entrepreneurial knowledge has little to do with certified expertise, advanced degrees, or the learning of establishment schools. The fashionably educ….
Wealth usually comes from doing what other people find insufferably boring..
Creativity is the foundation of wealth. All progress comes from the creative minority. Under capitalism, wealth is less a stock of goods than a flow ….
A successful economy depends on the proliferation of the rich, on creating a large class of risk-taking men who are willing to shun the easy channels….
Socialism is an insurance policy bought by all the members of a national economy to shield them from risk. But the result is to shield them from know….
People cannot be expected to learn one expertise and just apply it routinely in a job. Your expertise is in steadily renewing your knowledge base and….
If government could create jobs and raise children, socialism would have worked..