A Quote by Alfred Marshall
Knowledge is our most powerful engine of production.
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But the - look, I think that this - the United States of America is still the most powerful economy in the world. It is an incredible engine for creativity and innovation. And it has the most - smartest, most effective workforce in the world. So we have a lot going for us, in spite of the fractiousness of our politics.
The capitalist engine is first and last an engine of mass production which unavoidably also means production for the masses. . . . It is the cheap cloth, the cheap cotton and rayon fabric, boots, motorcars and so on that are the typical achievements of capitalist production, and not as a rule improvements that would mean much to the rich man. Queen Elizabeth owned silk stockings. The capitalist achievement does not typically consist in providing more silk stockings for queens but in bringing them within reach of factory girls.
Your workforce is your most valuable asset. The knowledge and skills they have represent the fuel that drives the engine of business - and you can leverage that knowledge.
Indeed we may consider the engine as the material and mechanical representative of analysis, and that our actual working powers in this department of human study will be enabled more effectually than heretofore to keep pace with our theoretical knowledge of its principles and laws, through the complete control which the engine gives us over the executive manipulation of algebraical and numerical symbols.
The knowledge that we are responsible for living the life we have is our most powerful tool.
The 'Hey Monday' songs were always glammed up to be this big production, and I definitely want there to be some bells and whistles like synth or drum loops, but for the most part, I want a simple yet powerful production.
We have heard of a Society for the Diffusion of Useful Knowledge. It is said that knowledge is power, and the like. Methinks there is equal need of a Society for the Diffusion of Useful Ignorance, what we will call Beautiful Knowledge, a knowledge useful in a higher sense: for what is most of our boasted so-called knowledge but a conceit that we know something, which robs us of the advantage of our actual ignorance? What we call knowledge is often our positive ignorance; ignorance our negative knowledge.
Memory is knowledge; character is the box of values and habits in which our knowledge knocks around. People with a lot of knowledge thrown together in a box that encourages social intercourse and experimentation tend to come up with good ideas, which are the engine of change. Think of Silicon Valley in California, or Oxbridge in the United Kingdom.
The other sprinters are big and powerful but I have different strengths. The first thing is my leg speed. Most guys sprint at 120 revolutions per minute but I sprint at 130-140: think of it like a smaller engine revving faster. My body is shorter too, so I can lean over the handlebars for a more aerodynamic profile: again, think a smaller engine but in an F1 car.
It really comes down to parsimony, economy of explanation. It is possible that your car engine is driven by psychokinetic energy, but if it looks like a petrol engine, smells like a petrol engine and performs exactly as well as a petrol engine, the sensible working hypothesis is that it is a petrol engine.
Someone once said that the most important knowledge is knowledge of our own ignorance. Our schools are depriving millions of students of that kind of knowledge by promoting "self-esteem" and encouraging them to have opinions on things of which they are grossly ignorant, if not misinformed.
The most meaningful engine of change, powerful enough to confront corporate power, may be not so much environmental quality, as the economic development and growth associated with the effort to improve it.
Ideas, as the raw material from which knowledge is produced, exist in superabundance, but that makes the production of knowledge more difficult rather than easier. Many ideas- probably most- will have to be discarded somewhere in the process of producing authenticated knowledge. Authentication is as important as the raw information itself, and the manner and speed of the authentication process can be crucial.
The most powerful tools you can have are information and knowledge.
Everybody thinks an automobile needs an engine. Well, an automobile doesn't necessarily need an engine. What we do is shift electric motors into the wheels of our automobiles and so we have a completely different kind of thing where we have four independent intelligent wheels rather than a traditional internal combustion engine and power train and so on.
At its most dynamic, faith evolves into powerful applicable knowledge.
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