A Quote by Charles Koch
I studied what principles under-laid peace and prosperity and concluded the only way to achieve societal well-being was through a system of economic freedom.
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Capitalism had arisen through the misuse and exaggeration of certain rights, notably the right of property - the basis of economic freedom - and the right of contract, which is one of the main functions of economic freedom. Therefore, even under Capitalism, so long as the old principles were remembered it was possible to recall the principles whereby Society had once been sane and well ordered.
Only in a free society do individuals have the best chance to seek virtue, strive for excellence, improve their economic well-being, and achieve personal happiness. The worthy goals of civilization can only be achieved by freedom-loving individuals. When government uses force, liberty is sacrificed and the goals are lost. It is freedom that is the source of all creative energy.
The Reagan years showed us that expanding economic freedom should be the North Star - the guiding light - of U.S. policy, because it is the best way to achieve sustained and broad-based prosperity for all.
Achievement must be made against the possibility of failure, against the risk of defeat. It is no achievement to walk a tightrope laid flat on the floor. Where there is no risk, there can be no pride in achievement and, consequently, no happiness. The only way we can advance is by going forward, individually and collectively, in the spirit of the pioneer. We must take the risks involved in our free enterprise system. This is the only way in the world to economic freedom. There is no other way.
Each of us has his own way of emerging from the underworld, mine is by writing. That's why the only way I can keep going, if at all, is by writing, not through rest and sleep. I am far more likely to achieve peace of mind through writing than the capacity to write through peace.
An environment of peace and security is essential for regional cooperation to progress and achieve economic development and prosperity of our people.
Now it is unambiguously clear that trickle-down economics does not work. But what does that mean? That means we have to structure our economic policies to make sure that we have shared prosperity. And you don't do that by giving a tax cut to the big winners and raising taxes on those who have not done very well. Your economic policy has to respond to the way our economic system has been working.
The quickest and surest way to production, prosperity, and economic growth is through private enterprise. The best way for governments to encourage private enterprise is to establish justice, to enforce contracts, to insure domestic peace and tranquility, to protect private property, and to secure the blessings of liberty including economic liberty - which means to stop putting obstacles in the way of private enterprise.
Economic growth must be the central issue because it is only through growth that the devastating threat of national bankruptcy can be averted. Furthermore, it is only by reviving American economic growth that the West's global predominance can be sustained, and peace and freedom kept secure around the world.
I believe as well that - that American strength is - is essential economic strength, family and value strength, military strength is essential for our own good that these things not only help secure peace for other people but preserve peace for us and - and promise greater prosperity for America.
But in the West today, we see a free world that has achieved a level of prosperity and well-being unprecedented in all human history. In the Communist world, we see failure, technological backwardness, declining standards of health, even want of the most basic kind - too little food. Even today, the Soviet Union still cannot feed itself. After these four decades, then, there stands before the entire world one great and inescapable conclusion: Freedom leads to prosperity. Freedom replaces the ancient hatreds among the nations with comity and peace. Freedom is the victor.
We have to recognize that the freedom of the individual has to be protected not only from the power of the state, but even more so from economic and societal power.
Prosperity or egalitarianism - you have to choose. I favor freedom - you never achieve real equality anyway: you simply sacrifice prosperity for an illusion.
Prosperity or egalitarianism -- you have to choose. I favor freedom -- you never achieve real equality anyway: you simply sacrifice prosperity for an illusion.
Peace in Europe can only come through union in one economic system. The United States of Europe are overdue.
We need a resilient, well-capitalized, well-regulated financial system that is strong enough to withstand even severe shocks and support economic growth by lending through the economic cycle.
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