Charles Koch Quotes


I love to try to understand first principles and be guided by that. But then, enrich them, because they won't last forever, just like everybody thought Newton had all the answers. And you probably read that, in the last of the 19th century, Harvard and others were discouraging people from going into physics because we have all the answers. And right after that, of course - we have - all this stuff is thrown out the window. And now we have whole new answers.


Citations

Koch, Charles G. Interview by Stephen J. Dubner. Freakonomics Radio, WNYC, 4 Nov. 2015.

Related Quotes

This quotation illustrates a way in which science is frequently at odds with politics. Our politicians realize the importance of scientific research to our standard of living, economy, and quality of life. So they want to support research and development programs. However, budgeting and planning for these in terms of expected or desired results is virtually impossible. So scientific research, especially basic research is not susceptible to the usual planning and monitoring that is so common and effective in construction projects or other applications of science and technology. It is hard to predict when and which scientists will have the next critical idea. It is very difficult to hold scientists or administrators accountable for scientific research results because of this factor. See {624876}.


Charles Koch
Charles Koch
  • Born: November 1, 1935
  • Nationality: American
  • Profession: Businessman

Charles de Ganahl Koch is an American billionaire businessman and philanthropist. As of April 2021, he was ranked as the 15th-richest person in the world on Bloomberg Billionaires Index, with an estimated net worth of $63.1 billion. Koch has been co-owner, chairman, and chief executive officer of Koch Industries since 1967, while his late brother David Koch served as executive vice president. Charles and David each owned 42% of the conglomerate. The brothers inherited the business from their father, Fred C. Koch, then expanded the business. Originally involved exclusively in oil refining and chemicals, Koch Industries now includes process and pollution control equipment and technologies, polymers and fibers, minerals, fertilizers, commodity trading and services, forest and consumer products, and ranching. The businesses produce a wide variety of well-known brands, such as Stainmaster carpet, the Lycra brand of spandex fiber, Quilted Northern tissue, and Dixie Cup.