“Some people, even in my own country, look at the riot of
experiment that is the free market and see only waste. What of
all the entrepreneurs that fail? Well, many do, particularly
the successful ones; often several times. And if you ask them
the secret of their success, they’ll tell you it’s all that
they learned in their struggles along the way; yes, it’s what
they learned from failing. Like an athlete in competition or
a scholar in pursuit of the truth, experience is the greatest
teacher. And that’s why it’s so hard for government planners,
no matter how sophisticated, to ever substitute for millions
of individuals working night and day to make their dreams come
true.”
–Ronald Reagan