The freedoms that people have that flow from all civic institutions fundamentally come from the success of a market system.

The competitive instinct is what I think drives organizations and people to become better and better. It can promote change toward progress and development, which is good for everybody. It can be the motivating force behind improvement in our social well-being that is far beyond anything we might have imagined on our own.

The main professional responsibility of a person in business is business.

Without competition, the spectacular development of technology that we have seen in the last one hundred years in this country would not have happened.

We obviously want to produce things that people want. We are going to continue to do that in an environmentally responsible way, while still being aware of the physical, scientific, and practical issues that we have to deal with.

The market system requires that people be committed and willing to work hard. Inherent with that is what I call a merit system, which I think gives people the greatest opportunity.

Ethical conduct is something that becomes inherent in an organization over a long period of time.