When currying favor with Washington is seen as a much easier way to make money, businesses inevitably begin to compete with rivals in securing government largess, rather than in winning customers.
Charles KochEconomy is so riddled with corporate welfare and anti-competitive regulations, anti-innovation regulations. Regulations that are destroying opportunities for the disadvantaged, which is creating this two-tiered system we're headed for which has which is destroying opportunities for the disadvantaged and creating welfare for the wealthy.
Charles KochI didn't think I was good at anything, didn't do well in school. And then in the third grade, I was going to a public school. And the teacher was putting math problems on the board. And I said to myself - it's amazing how you can remember certain incidents at any age that made an impression - I asked myself why is she putting those up when the answers are obvious. And then I saw it wasn't obvious to anybody else in the class. So I said, "Hey, I'm good at something."
Charles KochThe problem is, to have prices fall would work fine if we didn't have all these built in rigidities on downward prices, because then things don't adjust, and that's how we have recessions and depressions, is prices and costs don't adjust together and they get out of whack, and we end up with dislocations.
Charles Koch