Entrepreneurial creation is the generation, de novo, of novelty and surprise- freedom of choice originating in the world of ideas, and imagination beyond all concern with chemicals. The contrary view- that all ideas are determined by material relationships- is the materialist superstition.

The United States is probably the most [socially] mobile society in the history of the world. The virtues that are most valuable in it are diligence, discipline, ambition, and a willingness to take risks. Education and credentials are most important in government; elsewhere most skills are learned on the job.

History tells us that the threat to prosperity is not debt but socialism.

The fact is there hasn't been a thrilling new erogenous zone discovered since de Sade.

Capitalists are motivated not chiefly by the desire to consume wealth or indulge their appetites, but by the freedom and power to consummate their entrepreneurial ideas.

Entrepreneurship is the launching of surprises.

All small returns are noise. To transcend the noise and the risk, seek outsized returns from technological paradigms.