“When private industry makes a mistake, it gets corrected and goes away. As governments make mistakes, it gets bigger, bigger and bigger and they make more, more and more because as they run out of money, they just ask for more and so they get rewarded for making mistakes. In the meantime that is exactly what we are doing by subsidizing companies which are failing, we have a reverse Darwinism, we've got survival of the unfittest, the companies and people that have made terrible mistakes are being rewarded and other people are being punished and being taxed.” PeopleMadeGovernmentRunningAsksMistakeCompanyFailingIndustryTerribleSurvivalBiggerMaking MistakesReverseDarwinism Author:Peter Schiff
“Necessity is always the first stimulus to industry, and those who conduct it with prudence, perseverance and energy will rarely fail. Viewed in this light, the necessity of labor is not a chastisement, but a blessing,--the very root and spring of all that we call progress in individuals and civilization in nations.” FirstsLightIndividualEnergyNationsProgressFailingIndustryCivilizationBlessingSpringLaborRootsPerseverancePrudenceStimulusChastisement Book:Self-help: With Illustrations of Character and Conduct Source: Self-help: With Illustrations of Character and Conduct
“Why is it that big companies fail when the technology changes? It happens in every industry, so what's the pattern? What are they all doing wrong?” BigsHappensCompanyTechnologyFailingIndustryPatternsBig Companies Author:Jesse Schell
“It is difficult to think of anything more important than providing the best education possible for our children. They will develop the next technologies, medical cures, and global industries, while mitigating their unintended effects, or they will fail to do these things and consign us all to oblivion.” ThinkingChildrenImportantNextDifficultTechnologyFailingEffectsIndustryOur ChildrenMedicalCuresProvidingOblivionBest Education Author:Sam Harris
“Santa Claus and the Easter Bunny should take a few pointers from the mutual-fund industry. All three are trying to pull off elaborate hoaxes. But while Santa and the bunny suffer the derision of eight year olds everywhere, actively-managed stock funds still have an ardent following among otherwise clear-thinking adults. This continued loyalty amazes me. Reams of statistics prove that most of the fund industry's stock pickers fail to beat the market.” ThinkingShouldTryingYearsStillsSufferingThreeClearFailingIndustryProveBeatsAdultsInvestingFollowingEightLoyaltyFundMutualStatisticsEasterSantaSanta ClausArdentBunniesMutual FundDerisionHoaxesPointersClear ThinkingEaster Bunny Author:Jonathan Clements
“Economist and Africa expert Collier analyzes why a group of 50 nations, home to the poorest one billion people, are failing. Considering issues such as civil war, dependence on extractive industries, and bad governance, he argues that the strongest industrialized countries must enact a plan to help with international policies and standards.” PeopleWarCountryHelpingHomeNationsIssuesPlansFailingGroupsPolicyIndustryStandardsInternationalArguingBillionsExpertsCivil WarStrongestConsideringDependenceEconomistGovernancePoorest Author:Amy Lockwood
“1) Temperance... drink not to elevation. (2) Silence... avoid trifling conversations. (3) Order: Let all your things have their places... (4) Resolution... perform without fail what you resolve. (5) Frugality... i.e. waste nothing. (6) Industry: Lose no time; be always employ'd... (7) Sincerity: Use no hurtful deceit; think innocently... (8) Justice: Wrong none by doing injuries... (9) Moderation: Avoid extremes; forbear resenting... (10) Cleanliness: Tolerate no uncleanliness in body... (11) Tranquility: Be not disturbed at trifles... (12) Chastity (13) Humility : Imitate Jesus.” ThinkingUseBodyOrderJesusLosesJusticeSilenceFailingHumilityIndustryDrinkConversationWasteExtremesInjuryDeceitResolveResolutionSincerityTolerateTranquilityModerationDisturbedTriflesCleanlinessChastityTemperanceHurtfulElevationFrugalityTrifling Author:Benjamin Franklin
“Then something fails and they're all out again, but DVD revenue is disappearing, you know, it's not disappearing but it's going off a cliff and what that's done is it's polarized the industry in a way that I've never seen before where studios are making less, they're bifurcating their choices where they're either going very, very big or they're just picking up a few rights on an acquisition basis or making really small things.” KnowsWayDoneBigsChoicesRightsFailingIndustryBasesStudiosDisappearRevenueSmall ThingsCliffsAcquisitionDvds Author:Eric Fellner
“To allow your organization the permission to fail is a very powerful thing. If we want to really be thought leaders and industry leaders, it doesn't come without taking risks. We're not afraid to take those risks that will get us to a better place.” IfsWantPowerfulLeaderFailingRiskIndustryOrganizationNot AfraidPermissionBetter PlaceVery PowerfulTaking Risks Author:Rick Welts