A Quote by Frank Herbert
Law of the Minimum: "The worst potential competition for any organism can come from its own kind. The species consumes necessities. Growth is limited by that necessity which is present in the least amount. The least favourable condition controls the rate of growth."
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Growth is limited by that necessity which is present in the least amount.
The first law of sustainability: population growth and/or growth in the rate of consumption of resources cannot be sustained
I was chairman of the steering committee for agriculture when we set up the target of 4% growth rate. I had written that if you want to achieve 4% growth rate in agriculture, you should have 8% growth in animal husbandry and fisheries and 8% in horticulture.
We recognize that our progress as a species does not have to be defined in terms of wealth or material and physical growth any more than our progress as individuals has to be defined in terms of physical growth. Physical growth of the body reaches a limit, but the character and the soul of the individual continues to grow, or at least has a chance to continue, often to our last breath. It is simple minded to define our well being in material terms, when that well-being has an aesthetic dimension, and intellectual dimension, a moral dimension.
The rate of growth of the relevant population is much greater than the rate of growth in funds, though funds have gone up very nicely. But we have been producing students at a rapid rate; they're competing for funds and therefore they're more frustrated. I think there's a certain sense of weariness in the intellectual realm, it's not in any way peculiar to economics, it's a general proposition.
In China, it was always said that a double-digit rate of growth would be dangerous. Now, the country has a growth rate of 6.9 percent and suddenly that is supposed to be a catastrophe for the global economy.
The growth of a nation's productive potential is the central factor in determining its growth in real wages and living standards.... high rates of investment and saving usually have a big payoff in promoting economic growth.
Minimum wage laws tragically generate unemployment, especially so among the poorest and least skilled or educated workers... Because a minimum wage, of course, does not guarantee any worker's employment; it only prohibits, by force of law, anyone from being hired at the wage which would pay his employer to hire him.
The central predictions of the quantity theory are that, in the long run, money growth should be neutral in its effects on the growth rate of production and should affect the inflation rate on a one-for-one basis.
It's obvious that China faces a range of demographic and economic difficulties stemming from its own population growth, and that the global community has a vested interest in avoiding the worst impacts of that growth.
Raising the minimum wage does not take from growth, it adds to growth.
No age or condition is without its heroes . The least incapable general in a nation is its Cæsar, the least imbecile statesman its Solon , the least confused thinker its Socrates , the least commonplace poet its Shakespeare .
The growth of the American food industry will always bump up against this troublesome biological fact: Try as we might, each of us can only eat about fifteen hundred pounds of food a year. Unlike many other products - CDs, say, or shoes - there's a natural limit to how much food we each can consume without exploding. What this means for the food industry is that its natural rate of growth is somewhere around 1 percent per year - 1 percent being the annual growth rate of American population. The problem is that [the industry] won't tolerate such an anemic rate of growth.
The important point is that since the origin of life belongs in the category of at-least-once phenomena, time is on its side. However improbable we regard this event, or any of the steps which it involves, given enough time it will almost certainly happen at least once. And for life as we know it, with its capacity for growth and reproduction, once may be enough.
Of all the things that can have an effect on your future, I believe personal growth is the greatest. We can talk about sales growth, profit growth, asset growth, but all of this probably will not happen without personal growth.
The rate of growth of the management skills of any country is inversely proportional to the number of MBAs. Germany produces no MBAs, but America used to produce MBAs by the millions, and you saw the German economy, until at least the '90s, was certainly more efficient than the American economy.
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