A Quote by Charles Handy
An economy that adds value through information, ideas, and intelligence-the Three I Economy-offers a way out of the apparent clash between material growth and environmental resources.
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Today it's fashionable to talk about the New Economy, or the Information Economy, or the Knowledge Economy. But when I think about the imperatives of this market, I view today's economy as the Value Economy. Adding value has become more than just a sound business principle; it is both the common denominator and the competitive edge.
As more and more people are automated out of the economy through robotics and self-driving cars and other technologies, there will be a way to create value for other human beings online. There will be a virtual economy for exchanging value, goods and services, entertainment experiences, and all that.
There are broader and narrower definitions of the new economy. The narrow version defines the new economy in terms of two principal developments: first, an increase in the economy's maximum sustainable growth rate and, second, the spread and increasing importance of information and communications technology.
Whether it was expanding healthcare, stimulating the local economy and job growth, innovating in the schools, or protecting our precious environmental resources, Deval focused every day on moving Massachusetts forward.
We want an economy that grows health and wellbeing, not debt and carbon emissions. An economy that prepares and protects us from shocks to come, rather than making them worse. An economy that shares resources to meet all our needs, regardless of background. An economy that lets us live.
Society must cease to look upon 'progress' as something desirable. 'Eternal Progress' is a nonsensical myth. What must be implemented is not a 'steadily expanding economy', but a zero growth economy, a stable economy. Economic growth is not only unnecessary but ruinous.
Having a soft major is nowhere near the career death sentence that so many make it out to be. The world is changing, and the U.S. economy with it. Our economy is shifting to a service- and information-based economy, and soft majors are already becoming more and more valuable.
The analysis in the era of Ronald Reagan and Margaret Thatcher was that government was interfering with the efficiency of the economy through protectionism, government subsidies, and government ownership. Once the government "got out of the way," private markets would allocate resources efficiently and generate robust growth. Development would simply come.
Economy is the basis of society. When the economy is stable, society develops. The ideal economy combines the spiritual and the material, and the best commodities to trade in are sincerity and love.
I mean, you can't have advertising be the only official business of the information economy if the information economy is going to take over.
Contrary to popular belief, we do not face a choice between economy and ecology, It is often said that protecting the environment would constrain or even undermine economic growth. In fact, the opposite is true: unless we protect resources and the earth's natural capital, we shall not be able to sustain economic growth.
Physical infrastructure remains important (particularly in developing nations), but concurrently investing in the development of a knowledge-based economy is essential to sustaining healthy economic growth and creating well-paying jobs in a highly competitive, ideas-driven global economy.
The government does not add value to the economy. It removes value from the economy by imposing taxes on one citizen and providing cash to another.
We can't have extraordinary dynamism, innovation, and change in the economy and expect to have predictability and stability in our personal lives. It's not as if there are these big, giant institutions existing between us and the economy. In fact, these institutions have become tissue-thin. There is no mediation anymore. We are the economy; the economy is us.
There are many ways to create economic suicide on a national level. The major way through history has been through indebting the economy. Debt always expands to reach a point where it cannot be paid by a large swathe of the economy. This is the point where austerity is imposed and ownership of wealth polarizes between the One Percent and the 99 Percent.
An organization is really a factory for producing new ideas and for linking those ideas with resources - human resources, financial resources, knowledge resources, infrastructure resources - in an effort to create value. These are processes that you can map, with results that you can measure.
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