“The lumbermen...regarded forest devastation as normal and second growth as a delusion of fools....And as for sustained yield, no such idea had ever entered their heads. The few friends the forest had were spoken of, when they were spoken of at all, as impractical theorists, fanatics, or "denudatics," more or less touched in the head. What talk there was about forest protection was no more to the average American that the buzzing of a mosquito, and just about as irritating.” IdeasGrowthTreeFoolNormalAverageProtectionForestsTouchedDelusionYieldFanaticsIrritatingMosquitoesDevastationTheoristsFew Friends Author:Gifford Pinchot
“The major changes that will be occurring within the new merged partnership are exciting in many ways. First, we will have the highest forecast distribution growth rate of any of the major MLPs. Second, our coverage will be above average for the same peer group with expected $1.1 billion of excess cash flow coverage through 2017 and the Access cash flows, along with our major new fee based projects continue to dramatically reduce exposure to commodity prices.” WayFirstsGrowthGroupsProjectsMajorsHighestFlowExcitingRateAverageExpectedAccessBillionsExcessCashPartnershipPeersCommodityDistributionExposureCoverageFeesForecastsCash FlowAbove AverageMajor ChangePeer GroupCommodity Prices Author:Alan Armstrong
“The average vice-president is a form of executive fungus that attaches itself to a desk. On a boat this growth would be called a barnacle.” Would BeFormGrowthPresidentAverageVicesBoatExecutivesDesksVice PresidentFungiBarnacles Author:Fred Allen
“Something extraordinary is happening. Do you sense it? Truly, as obedience and morality decline in the world, the Lord is sending more exceptional spirits to earth. As a body they excel the average capacity of their forebears. Their potential for personal growth and positive contribution is enormous.” WorldBodyEarthSpiritGrowthLordMoralityHappeningsCapacityPersonal GrowthExtraordinaryAverageEnormousObedienceContributionDeclineExceptional Author:Richard G. Scott
“The impact of climate change is relatively small. The average impact on welfare is equivalent to losing a few per cent of income. That is, the impact of a century worth of climate change is comparable to the impact of one or two years of economic growth.” YearsTwoGrowthEconomicCenturyLosingImpactClimateClimate ChangeAverageIncomeWelfareTwo YearsCentsEconomic Growth Author:Richard Tol
“The upshot is that to send its children to a school of even average quality, a family must outbid half of other similar families who are pursuing the same goal. And that's become dramatically more expensive because of the growth in median house size, which was in turn caused by higher spending at the top.” ChildrenSchoolTurnsHouseGoalGrowthHalfQualityHigherAverageSizeSpendingExpensiveMedian Author:Bob Frank
“Just to keep up with population growth, on average our economy needs to be adding about 125,000 jobs per month.” NeedsJobsGrowthEconomyMonthsAveragePopulationPopulation Growth Author:Bob Beauprez