I am telling you this technology was developed in 1955. That is what you are going to fly home on. The telephone companies route millions of calls using computers, and they do it without even thinking about it. Yet we are using vacuum tubes. The Speaker carries one around. That is the difference between a Government-controlled system and a market system. Competition makes them fund efficiencies. We can find those efficiencies if we allow markets to work.
Gilbert Gutknecht: “I am telling you this technology was developed in 1955. That is what you are going to fly home on. The telephone…”
Editor's note · Context
Discussing the differences between government-controlled and market systems in technology.
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