Walter Wriston Quotes

People sometimes announce that we have entered 'the information age' as if information did not exist in other times. I think that every age was an age of information, each in its own way and according to the available media.

The Internet was crucial for our success. It is a great thing. It is a big democracy because people can choose what they like.

In a global arena, what our businessmen need in order to be competitive is transparency and a level playing-field.

Technology investment drove growth in the 1990s, both directly and by fueling a rising stock market that led to increased consumer spending.

Today's China is not in the least shut out from the rest of the world. Trends come to us from all over the world. And the Internet is really developed in China. We get news from all over the world.

We live in an age that is driven by information. Technological breakthroughs... are changing the face of war and how we prepare for war.

Now is the era of intellect, information and the Internet.

What's awesome about the Internet is how it breaks up monopolistic markets where middlemen unfairly gobble up outsized fees, leaving us little choice but to keep paying them.

We are witnessing a seismic change in consumer behavior. That change is being brought about by technology and the access people have to information.

Markets work when people can evaluate the prices and risks of different products, then pick the ones that work best for them. But when the terms of the deal are hidden, competition doesn't work. And customers aren't the only ones who are hurt.

In the new economy, information, education, and motivation are everything.

When people were illiterate, they had to elect the lawyer or the doctor or whoever had access to information and knowledge to represent them in government. But today the peasant has more information than the politician ...

In the information age, when tradition, propriety, formality or culture clash with informational ease and utility, the traditional forms must … yield.

There were no bubbles before there were media.

Overall, the world has never been better informed.

The economies of the future are information.

The Internet can bring us much closer to the developed world.

Google is arguably one of the greatest inventions. The search engine is one of the greatest inventions in human history.

The idea that, in the age of Google, Facebook and the internet, government can control the 'commanding heights' of the economy is one of the great delusions of our age. Modern techonology, social media, the explosion of online retail, among many other things, have meant that governments have less and less control.

President Clinton got it right in 1996 when he established a free-market-based approach to this new thing called the Internet, and the Internet economy we have is a result of his light-touch regulatory vision.

There is not one grain of anything in the world that is sold in the free market. Not one. The only place you see a free market is in the speeches of politicians.

Universal access to human knowledge is in our grasp, for the first time in the history of the world. This is not a bad thing.

In the new world of digital, there are no must-read publications any more.

Technology is a liberation. I think the information age probably is the best thing to happen to the human race in human evolution. Now you have the equal opportunity to equip yourself through information and knowledge and express yourself as an independent mind.

The reason for the success of this somewhat communist-sounding strategy, while the failure of communism itself is visible around the world, is that the economics of information are fundamentaly different from those of other products.