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Economics Quotes

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Economics Quotes

“As to the latter point - that by having a child in America you are somehow starving a child in Bangladesh - remember that agricultural economics is not a zero-sum game. Farmers want to make a living, so as demand increases, so does production. Not only that, but agricultural productivity has increased so rapidly that in some countries the government pays farmers not to plant crops in an effort to keep food prices from dropping.”

“Quality is never an accident. It is always the result of intelligent effort.”

“Competition is the most promising means to achieve and secure prosperity. It alone enables people in their role of consumer to gain from economic progress. It ensures that all advantages which result from higher productivity may eventually be enjoyed.”

People May Mean Results Roles Progress Economic Achieve Higher Gains Advantage Economics Competition Prosperity Productivity Secure Enjoyed Consumers Economic Progress

Author:Ludwig Erhard

“In manufacturing, where mechanization and the use of chemical processes are much easier, it is easier to raise productivity than in services. In contrast, by their very nature, many service activities are inherently impervious to productivity increase without diluting the quality of the product.”

Use Process Quality Products Easier Activity Economics Increase Raises Productivity Chemicals Contrast Manufacturing Impervious Mechanization

Author:Ha-Joon Chang

“The linear 'Take - Make - Dispose' system, which depletes natural resources and generates waste, is deeply flawed and can be productively replaced by a restorative model in which waste does not exist as such but is only food for the next cycle”

“In the future, every industry should be an environmental industry. In a world where energy and carbon emissions are constrained, every business must take resource productivity seriously”

World Should Energy Business Industry Resources Economics Management Environmental Productivity Carbon Emissions Carbon Emissions

Author:David Miliband

“Forward thinking companies that adapt positively to the sustainable business agenda will be at the forefront of resource productivity, reducing waste and of environmental reporting. They and their management teams make things happen ahead of their competitors”

Thinking Happens Business Company Team Waste Resources Economics Management Environmental Productivity Things Happen Agendas Competitors Positively Reducing Make Things Happen Forward Thinking

Author:Michael Meacher

“The productivity of work is not the responsibility of the worker but of the manager.”

Work Business Responsibility Economy Wise Economics Management Workers Productivity Managers

Book:Managing in Turbulent Times

Source: Managing in Turbulent Times

“Time is the scarcest resource and unless it is managed nothing else can be managed.”

Life Time Business Wise Resources Economics Management Productivity Time Management Efficiency Funny Inspirational Project Management Business Management

Book:The Essential Drucker: Selections from the Management Works of Peter F. Drucker

Source: The Essential Drucker: Selections from the Management Works of Peter F. Drucker