The old foundations of success are gone ... The world's wealthiest man, Bill Gates, owns nothing tangible: no land, no gold or oil, no factories ... For the first time in history the world's wealthiest man owns only knowledge.

AT&T invented the cellular telephone, but saw no future in it. It takes entrepreneurs, who are angels of destruction, to take advantage of things which the inventor cannot or does not see.

Economists are always recommending the elimination of this or that market imperfection ... no astrophysicist recommends the elimination of planets that he does not like.

Major investment decisions have become too important to be left to the private sector.

Without entrepreneurs, economies become poor and weak. The old will not exist, the new can't enter

If a group of people has no sense where they came from-it is difficult for them to have a sense where they should go.

The old foundations of success are gone ... The world's wealthiest man, Bill Gates, owns nothing tangible: no land, no gold or oil, no factories ... For the first time in history the world's wealthiest man owns only knowledge.