There are companies that are good at improving what they're already doing. There are companies that are good at extending what they're doing. And finally there are companies that are good at innovation. Every large company has to be able to do all three - improve, extend, and innovate - simultaneously.

In all recorded history there has not been one economist who has had to worry about where the next meal would come from.

For new technology to replace old, it has to have at least ten times the benefit.

With Christianity, freedom and equality became the two basic concepts of Europe; they are themselves Europe.

Education can no longer be the sole property of the state.

Capital formation is shifting from the entrepreneur who invests in the future to the pension trustee who invests in the past.

The task of leadership is to create an alignment of strengths so strong that it makes the system's weaknesses irrelevant.