Beginning in 1973 and then acts in '77, '78, 1980, 1994 and then into the 21st century in the international arena, governments have steadily gotten out of the transportation business.
Frederick W. SmithThe United States tax system today is very prejudiced towards financialization, leverage, and lack of investment.
Frederick W. SmithMy innovation involved taking an idea from the telecommunications and banking industries, and applying that idea to transportation business.
Frederick W. SmithIf you look historically, what creates growth and wealth is innovation and investment, and increase in scale - more customers.
Frederick W. Smith