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— Sheldon Whitehouse"When counting on learning from innovation, there are great successes but also failures. The Wright Brothers invented the aircraft and started an amazing process of innovation, where we now have planes that carry 500 passengers. Along the way there were some silly looking vehicles that crashed early on."
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The majority of America's colossal fortunes have been made by entering industries in their early stages and developing leadership in them.... Think of what opportunities the present and the future contain in such fields as ship-building and ship-owning, aircraft, electrical development, the oil industry, different branches of the automotive industry, foreign trade, international banking, invention, the chemical industry, moving pictures, color photography, and, one night add, labor leadership.
— B. C. Forbes
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Today, in the Twenty-First Century, an age of jet aircraft, personal computers, wireless telecommunications, laser surgery, and incipient space travel, the mentality with which many presumably educated, intelligent people approach matters of economics and business is, however astonishing it may seem, still that of the Dark Ages.
— George Reisman
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