Quotes About Inefficiency

The minute somebody joins a committee... they immediately suffer from committee brain. They become wildly over-enthusiastic, over-optimistic, over-pessimistic. Committees turn people into idiots, and politics is a committee.

You will never understand bureaucracies until you understand that for bureaucrats procedure is everything and outcomes are nothing.

Blitzscaling is always managerially inefficient - and it burns through a lot of capital quickly. But you have to be willing to take on these inefficiencies in order to scale up. That's the opposite of what large organizations optimize for.

The world is so dreadfully managed, one hardly knows to whom to complain.

He wouldn't know how to pour piss out of a boot if the instructions were printed on the heel.

Automation applied to an inefficient operation will magnify the inefficiency.

Our current food system is simply unsustainable: when as many as 20 calories of energy or resources goes into every 1 calorie of food nutrition that we end up eating;

I cannot for the life of me understand what the Minister Of Transport does every day. He goes to the office at 9am and leaves at 5pm and the traffic in London is still horrendous.

Neither Jerry nor I believed the efficient market theory. I had overwhelming evidence of inefficiency from blackjack, from the history of Warren Buffett and friends, and from our daily success in Princeton Newport Partners. We didn't ask, Is the market efficient? but rather, In what ways and to what extent is the market inefficient? and How can we exploit this?

With all its quirks, irrationality, and risky productions, and all its conflict and inefficiency, the biological mind is the essence and the very meaning of the human condition.

concentration breeds efficiency while division brings inefficiency, error, and tension.

I hate slow drivers and slow golfers.

You will find that the State is the kind of organization which, though it does big things badly, does small things badly, too.

The only way to make me stand in line for half an hour to buy a spool of thread, or to make me spend six weeks in getting stamps on paper when I want to drive a car, is to use the energy of persons who otherwise would be making more thread and more cars.

You will find that the State is the kind of organization which, though it does big things badly, does small things badly, too.

The defects of bureaucracy are, indeed, well known. It is a form of Government which has been tried often enough in the world, and it is easy to show what, human nature being what it in the long run is, the defects of a bureaucracy must in the long run be.

The market doesn't work very well when it comes to public goods.

If our most highly qualified General Staff officers had been told to work out the most nonsensical high level organization for war which they could think of, they could not have produced anything more stupid that that which we have at present.

Properties have different characteristics, like companies, and the market throws up more opportunities because it is inefficient.

I can't understand what's holding up our missile program. It's the first time the government ever had trouble making the taxpayers' money go up in smoke.

Anyone who's ever filed a tax return or visited the Department of Motor Vehicles understands that government does two things well: spend our money and waste our time.

Bureaucracy is more people doing less things, and taking more time to do them worse.

America has potholed roads and decrepit airports, but it builds state-of-the-art offices for regulatory bureaucrats—and their enforcers. The federal Department of Education doesn't employ a single teacher, but it does have a SWAT team.

To make a long story short, he went round and round—it helped like cupping helps a corpse.