The future is bound to surprise us, but we don't have to be dumbfounded.

[on the theory of the firm] It is exactly analogous to the analysis of the reactions of a consumer by means of indifferent curves. Indeed, a consumer is merely a 'firm' whose product is 'utility.'

The evolutionary vision is agnostic in regard to systems in the universe of greater complexity than those of which human beings have clear knowledge.

What exists, is possible.

Knowledge exists in minds, not in books. Before what has been found can be used by practitioners, someone must organize it, integrate it, extract the message.

The world moves into the future as a result of decisions, not as a result of plans. Plans are significant only insofar as they affect decisions.

Nothing fails like success because we don't learn from it. We learn only from failure.