The Science of Success: How Market-Based Management Built the World’s Largest Private Company by Charles G. Koch
Charles Koch, CEO of Koch Industries and son of Fred Koch, the founder of Koch Industries (originally Winkler-Koch), reflects on the principles and values embraced by Koch industries. The author expounds on the strengths of the liberal approach to the market (liberal, as in ‘free market’, F.A. Hayek, von Mises, Milton Friedman).
This is a thoughtful reflection on how Koch developed and met its challenges. Not a lively read, brimming with common sense.
Some notes:
- The quotes at the beginning of each chapter is carefully selected and profound. For example: “There is a natural aristocracy among men. The grounds of this are virtue and talents.”
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