Quotes About Efficiency

Ellen ran their home precisely the way

Central planning was just not good at replacing what the great eighteenth-century economist Adam Smith called the "invisible hand" of the market. When the plan was formulated in tons of steel sheet, the sheet was made too heavy. When it was formulated in terms of area of steel sheet, the sheet was made too thin. When the plan for chandeliers was made in tons, they were so heavy, they could hardly hang from ceilings.

Inclusive economic institutions led to the development of inclusive markets, inducing a more efficient allocation of resources, greater encouragement to acquire education and skills, and further innovations in technology.

science of economics should focus on the best use of scarce means to satisfy social ends.

Markets can be dominated by a few firms, charging exorbitant prices and blocking the entry of more efficient rivals and new technologies. Markets, left to their own devices, can cease to be inclusive, becoming increasingly dominated by the economically and politically powerful. Inclusive economic institutions require not just markets, but inclusive markets that create a level playing field and economic opportunities for the majority of the people.

Allowing people to make their own decisions via markets is the best way for a society to efficiently use its resources. When the state or a narrow elite controls all these resources instead, neither the right incentives will be created nor will there be an efficient allocation of the skills and talents of people.

Emotions are useless during business hours...

Simply by eliminating description, the screenwriter can work his way through the entire plot in a single morning, leaving the afternoon free for screenwriter leisure activities such as drugs.

And what other advances does the future hold, technology-wise? Even as you read these words, white-coated laboratory geeks are working on a revolutionary new camera that not only will focus automatically, set the exposure automatically, flash automatically, and advance the film automatically, but will also automatically refuse to take stupid pictures, such as of the wing out the airplane window.

The question, from pundits and constituents, was obvious and loud: If you aren't transparent, what are you hiding? Though some citizens and commentators objected on grounds of privacy, asserting that government, at virtually every level, had always needed to do some things in private for the sake of security and efficiency, the momentum crushed all such arguments and the progression continued. If you weren't operating in the light of day, what were you doing in the shadows?

Creationist? Well, no, it's not creationist either. The point is that we are probably a bit less top-to-bottom thorough than, say, the Army Corps of Engineers. Well, actually, scratch that. We are probably about exactly as thorough as the Army Corps of Engineers, in that we are intermittently thorough.

The Circle had 90 percent of the search market. Eighty-eight percent of the free-mail market, 92 percent of text servicing. That was, in her perspective, a simple testament to their making and delivering the best product. It seemed insane to punish the company for its efficiency, for its attention to detail. For succeeding.

They downloaded another customer query, and Mae scrolled through the boilerplates, found the appropriate answer, personalized it, and sent it back.

Oh no. A leaf blower. The easiest way to witness the easiest way to witness the stupidity and misplaced hopes of all humanity is to watch, for twenty minutes, a human using a leaf blower. With this machine, the man was saying, I will murder all quiet. I will destroy the aural plane. And I will do so with a machine that performs a task far less efficiently than I could with a rake.

That was last week's messages? Eight thousand?" "You can catch up

Obviously," Joan continued, "I don't have to mention the billions of gallons of water that go into making and washing towels. Think of the insanity. You get into the shower, where you get clean. You step out and you have a bit of water on you. You use a towel, fine. Then you wash the towel? You just cleaned yourself, so how is it that a towel gets so dirty drying clean water off you?

Instead of focusing on what we can have for "free," or on who we can take from to fund trendy, idealistic projects like the Green New Deal, let's focus on keeping what we earn and cutting spending wherever possible.

capitalism always did manage to make the comfort industry work better than socialism did.

There are no interruptions, really—there are simply mismanaged occurrences.

Interestingly, one of the biggest problems with most people's personal management systems is that they blend a few actionable things with a large amount of data and material that has value but no action attached.

Your Brain is for having ideas not storing them.

Almost every project could be done better, and an infinite quantity of information is now available that could make that happen.

There is usually an inverse relationship between how much something is on your mind and how much it's getting done.

Getting things done requires two basic components: defining (1) what "done" means (outcome) and (2) what "doing" looks like (action).