The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
why aren't all 13 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
Charles Koch: Smart workers with bad values inflict maximum damage
“If you're going to hire somebody with bad values, don't be hiring somebody smart. Hire them stupid and slow, because they will do less damage.”
Koch: Employees can earn more than managers with no pay cap
“That has nothing to do with how much your manager, although he gets some of the credit for you performing well, but there's no max. We want everybody to make all they can. Based on the value they're creating.”
Koch Industries nets financial losses from dumb failures against employee value created
“Whereas if you had a dumb failure, and you lose ten million, you made twenty million, or you made twenty-five million over here, you get credit for 15. So we net it up.”
Charles Koch Advocates Permissionless Innovation Over Government Prior Approval
“We need to get rid of this protectionism And have what we call permissionless innovation, and that is have the burden of proof on the government that what you're doing is really unsafe so they can get a court order and shut you down rather than have to go moth…”
Charles Koch: Political Problems Cannot Be Solved with More Politics
“That's the only way you're going to change society, electing a better politician or something. We're not going to solve the political problem with more politics. We got to solve it at the grassroots level with individuals and helping them see opportunities.”
Charles Koch: Policy Maximizing Exports and Minimizing Imports Is Backwards
“I am a total free trader. This business on maximizing exports and minimizing imports is backwards.”
Charles Koch: Social progress principles mirror scientific progress principles
“And what was really fascinated with me is the principles of social progress. We're almost identical to the principles of scientific progress.”
Charles Koch: Koch Industries hires for values before talent
“Who we hire first on values and second on talent.”
Charles Koch: Koch Industries ignores academic credentials in hiring
“I'm not talking about credentials or what school. We couldn't care less.”
Koch: Koch Industries conducts 360-degree evaluations for all employees including CEO
“And so every supervisor is expected to go there, and we have the 360 degree evaluations of everybody, including me. I get feedback on my improvement plan every year, and it's a long list, so I won't bore you with all that.”
Charles Koch Recommends Essential Reading on Economics, Science, and Freedom
“Well, let me give you some essays. I would read Michael Polanyi's essay, Republic of Science. I would read Karl Popper's essay, Science is Falsification. I would read a couple of high act that competition as a discovery procedure and the use of knowledge in so…”