Ludwig von Mises Quotes

We should favor innovation and freedom over regulation.

I mean the future has become old fashioned.

The reality is regulation often lags behind innovation.

The challenge of the unknown future is so much more exciting than the stories of the accomplished past.

To me, there's so much talent in the world that's locked out for the wrong reasons, whether it's innovators at the highest end where we need to change the regulation systems, or whether it's the talented people who work here who the bureaucracy's holding back, or the amazing American people.

If the government regulates against use of drones or stem cells or artificial intelligence, all that means is that the work and the research leave the borders of that country and go someplace else.

You can't plan for the future, because some guy's going to land in a spaceship with three heads and a big beak and take over everything.

The silly question is the first intimation of some totally new development.

Overregulation stifles creativity. It smothers innovation. It gives dinosaurs a veto over the future.

We have become a society where litigation has overcome innovation.

Technology has always run ahead of legislation.

In 10 years, ... you're going to see the most valuable economy in the world -- the largest economy in the world -- is going to be a country run by communists. The Chinese seem to be very good at capitalism. And this is going to have fundamental problems and present an identity crisis for the United States. Because for a long time, free markets coincided with liberties such as free speech, free press, free religion. And all of a sudden, this equation is going to be decoupled. And when it gets decoupled, we might find that democracy, the multitude of voices, actually impedes capitalism because a state that does not have any pretense of limited government can very quickly mandate a regulatory framework for drones, for electric cars, for self-driving cars, for any new innovation where they feel that they can leapfrog Western societies. And this is a very unique thing in the American experience. And this is why it's very important to think of American capitalism as an operating system and not as an ideology. Because when you think about it as an ideology, you can have good politics make for very, very bad policy. That market outcomes and democratic voices and battles for votes can end up stifling progress.

If you think 20 years out and ask what's the most important company on the planet, it is not any company you could write down today. The most important company 20 years from now has not even been founded yet and doesn't have a name.

Instead of embracing change, the E.U.'s precautionary principle has held back progress.

The world needs more standardization, less innovation.

The people who live in the past must yield to the people who live in the future. Otherwise the world would begin to turn the other way round.

If we generally like the way things are now, we must also ask whether our current situation is really so different from the open ages of radio, film, or the telephone. Might it not also have seemed in those times that the orgy of limitless entrepreneurism would never end? The point is that we are near the high end of a pendulum arc that, so far, has aways begun to swing in the opposite direction -toward greater integration and centralization- with a force that can seem inexorable.

That's really what SF is all about, you know: the big reality that pervades the real world we live in: the reality of change. Science fiction is the very literature of change. In fact, it is the only such literature we have.

The past does not equal the future.

I was much more of a naïve techno-optimist than I am now. I still believe that technology can help us come out of this situation with a richer humanity with less impact on the planet, but now I think it has to be paired with effective policy in order to achieve that.

We should favor innovation and freedom over regulation.

Plants and animals repeat routine, but men who are not restrained will go into the future like explorers into a new country.

The world around us is in a sea change, and I think the glory of art is that it cannot only survive change, it can lead it

Society never progresses because the majority one day wakes up and says, “Let’s do things differently.” The majority didn’t wake up and say, “Oh, let’s just free the slaves.” ... Society always progressed because a relatively small group of people — usually considered outrageous radicals by the status quo of their time — had a better idea and articulated another way. That’s simply how evolution works; it’s the mutation — the member of the species who does things differently - that points the way to the future because they’re better adapted for survival.

Humanity, like armies in the field, advances at the speed of the slowest.