“Business schools tend to focus on topics that are suitable to blackboards, so they overemphasize organization and finance. Until very recently, they virtually ignored manufacturing. I think of lot of the troubles of the 1970s and 1980s, and now more recently the 2000s can be traced pretty directly to the biases of the business schools.” ThinkingSchoolFocusTroubleOrganizationFinanceIgnoredTopicsManufacturingSuitableBusiness SchoolBlackboard Author:Charles R. Morris
“The kind of precision manufacturing epitomized in the armories, while it was important, was only a small share of the economy until quite late in the century. Large-scale natural resource development and processing was the name of the game.” KindImportantGamesNamesNaturalEconomyShareCenturyDevelopmentLateResourcesScalesManufacturingPrecisionNatural ResourcesProcessingLarge Scale Author:Charles R. Morris
“Military power tends to be a function of economic power, and the British Navy was the essential capability for establishing the imperial sway - which was attuned to furnish the raw materials for the British manufacturing ascendance. So they were mutually reinforcing.” EconomicMilitaryMaterialsEssentialsFunctionBritishCapabilityNavyManufacturingRaw MaterialsEconomic PowerMilitary PowerBritish Navy Author:Charles R. Morris