A Quote by Milton Friedman

The world runs on individuals pursuing their self interests. The great achievements of civilization have not come from government bureaus. Einstein didn't construct his theory under order from a, from a bureaucrat. Henry Ford didn't revolutionize the automobile industry that way.
The world runs on individuals pursuing their self interests. The great achievements of civilization have not come from government bureaus. Einstein didn't construct his theory under order from a bureaucrat. Henry Ford didn't revolutionize the automobile industry that way.
The great achievements of civilization have not come from government bureaus.
You simply cannot give to the world all that you have to give to the world if you do not remain true to your own "selfish" desires. You have a unique set of precious values that can only be fulfilled by pursuing what drives you the most: your passions and dreams. Could Thomas Edison have tended to the downtrodden as Mother Teresa did? Could Albert Einstein have preached salvation as Martin Luther King Jr. did? Could Abraham Lincoln have built cars like Henry Ford? Always, the masses benefit from the individuals who insist on marching to the beat of their own drummer.
In every phase of the automotive industry, certain factors have been more important than all others in relation to the way the automobile has looked. Phase One is really the Ford story. Function and production were the most important considerations. The automobile was an invention, and it looked like one.
One of the most intensely unlikeable figures of the twentieth century, fanatical anti-Semite, enemy of labour unions and proud recipient of medals from Nazi Germany, where Hitler held him in veneration, Henry Ford was also an employer who paid his workers more than his competitors, an innovator who pioneered the assembly line and a visionary whose part in the creation of the twentieth century was so great that Aldous Huxley, in his Brave New World, prefigured a society whose calendar was divided into BF and AF-Before Ford and After Ford.
Pure science is a myth: Both mathematical theoreticians like Albert Einstein and practical crackpots like Henry Ford dealt with different aspects of the same world.
We've always loved the automobile, and we all love Henry Ford's original vision to open the highways to all mankind, the freedom and movement.
I had two passions when I was a child. First was to learn about Einstein's theory and help to complete his dream of a unified theory of everything. That's my day job. I work in something called string theory. I'm one of the founders of the subject. We hope to complete Einstein's dream of a theory of everything.
Western civilization is the most successful civilization the world has ever seen. And some of the reasons for that is it's borrowed from other cultures along the way, back to Mosaic law, the Greek age of reason, Roman law and the Roman order of government, and the Republican form of government, by the way that we're guaranteed in our constitution.
Henry Ford has several times sneered at unproductive stockholders.... Well, now. Let's see. Who made Henry Ford's own automobile company possible? The stockholders who originally advanced money to him. Who makes it possible for you and me to be carried to and from business by train or street car? Stockholders.... Who made our vast telephone and telegraph service possible? Stockholders.... Were stockholders all over the country to withdraw their capital from the enterprises in which they are invested, there would be a panic ... on a scale never before known.
There was a study done in the early 20th century of all the entrepreneurs who entered the automobile industry around the same time as Henry Ford; there were something like 500 automotive companies that got funded, had the internal combustion engine, had the technology, and had the vision. Sixty percent of them folded within a couple of years.
Steve Jobs was the greatest manufacturer of consumer products of his age. His marketing vision put him on par with Henry Ford, and his grasp of the aesthetic component to industrial design far surpassed Ford's.
The great advances of civilization, whether in architecture or painting, in science or literature, in industry or agriculture, have never come from centralized government.
Ingmar Bergman is a long way from me, but I admire him. He, too, concentrates a great deal on individuals; and although the individual is what interests him most, we are very far apart. His individuals are very different from mine; his problems are different from mine - but he's a great director. So is Fellini, for that matter.
I count Maxwell and Einstein, Eddington and Dirac, among "real" mathematicians. The great modern achievements of applied mathematics have been in relativity and quantum mechanics, and these subjects are at present at any rate, almost as "useless" as the theory of numbers.
And it really began with Einstein. We attended his lectures. Now the theory of relativity remained - and still remains - only a theory. It has not been proven. But it suggested a completely different picture of the physical world.
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