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"We will also allow state companies to sell shares to their workers and will pass a law allowing citizens to start companies of their own with no limits on the number of employees or on the firm's output."
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"I only am in this business because I enjoy it. I think that is the only way to be in the business."

"Make something people want and sell that, or be someone people need and sell you."

"Part of your heritage in this society is the opportunity to become financially independent."

"The greatest ability in business is to get along with others and to influence their actions."

"When steam first began to pump and wheels go round at so many revolutions per minute, what are called business habits were intended to make the life of man run in harmony with the steam engine, and his movement rival the train in punctuality."

"The nonessential employees, the type of workers whom remain at home when it snows, are the quickest to complain about how the talented persons of an organization behave."
Explore more quotes by Vaclav Klaus


"To talk about planning an economic system is to talk in old terms, and I find myself sometimes having to teach Westers about what the market really means."


"To pursue a so-called Third Way is foolish. We had our experience with this in the 1960s when we looked for a socialism with a human face. It did not work, and we must be explicit that we are not aiming for a more efficient version of a system that has failed."


"The events in the square, of course, made a deep impression on me and many other parents."


"Then in 1969, I spent the spring term at Cornell University in New York. The invasion of August 1968 had already happened, but the hardline regime took several months to crack down on dissidents."


"By the time I returned to Czechoslovakia, I had an understanding of the principles of the market."


"People like me who were engaging in brinkmanship with the party economic bosses and the open dissidents who were being arrested were pursuing a common goal in different ways."


"Privatization of the state-owned economy is not yet on the agenda. We cannot do it immediately; my colleagues would not agree to it. But we must put all forms of ownership on an equal footing immediately and let different types of ownership compete with the state firms."


"I was paid to read Western economic texts. In a way, the regime paid for their own undermining."


"It is what makes the reform process an art, not just a science. You have to develop a strategy that tells you what reform measures you should follow and in what sequence."


"That means following a very restrictive fiscal and monetary policy which will squeeze the monopolies and cut their subsidies. On the micro level we will allow other economic agents, both domestic and foreign, to compete with them."
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