A Quote by John Boyd Orr
After the First World War the economic problem was no longer one of production. It was the problem of finding markets to get the output of industry and agriculture dispersed and consumed.
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Something is amiss, deeply wrong, something is deeply wrong with the way we're living our lives collectively, with the way we are creating our collective experience on earth. And we are coming to the conclusion that the problem after all is not political, that the problem after all is not economic, that the problem after all cannot be solved with bombs or missiles or bullets, but that the problem in fact is spiritual, that the problem with the world today is as it has always been, a problem of our most basic beliefs. Without a doubt it`s a spiritual awakening and a spiritual revolution.
The problem of racism, the problem of economic exploitation, and the problem of war are all tied together. These are the triple evils that are interrelated.
I see the war problem as an economic problem, a business problem, a cultural problem, an educational problem - everything but a military problem. There's no military solution. There is a business solution - and the sooner we can provide jobs, not with our money, but the United States has to provide the framework.
Benefitting from a job bubble is not only a first world problem, it's an upper-class-educated-lucky-to-be-in-the-right-industry-at-the-right-time kind of first world problem.
Like its agriculture, Africa's markets are highly under-capitalized and inefficient. We know from our work around the continent that transaction costs of reaching the market, and the risks of transacting in rural, agriculture markets, are extremely high. In fact, only one third of agricultural output produced in Africa even reaches the market.
All the alleged key causes of SOE [State-Owned Enterprise] inefficiency - the principal-agent problem, the free-rider problem and the soft budget constraint - are, while real, not unique to state-owned enterprises. Large private-sector firms with dispersed ownership also suffer from the principal-agent problem and the free-rider problem. So, in these two areas, forms of ownership do matter, but the critical divide is not between state and private ownership - it is between concentrated and dispersed ownerships.
The real problem is usually two or three questions deep. If you want to go after someone's problem, be aware that most people aren't going to reveal what the real problem is after the first question.
The problem in Burma is the problem in Egypt, the problem you refer to in Yemen, and the problem in a lot of these countries in the world: that you can get stuck in the process of transition, in what’s been called a competitive authoritarian… a pseudo democratic regime.
Agriculture is not crop production as popular belief holds - it's the production of food and fiber from the world's land and waters. Without agriculture it is not possible to have a city, stock market, banks, university, church or army. Agriculture is the foundation of civilization and any stable economy.
For the problem of decision-making in our complicated world is not how to get the problem simple enough so that we can all understand it; the problem is how to get our thinking about the problem as complex as humanly possible--and thus approach (we can never match) the complexity of the real world around us.
When you say that after World War I there was a pandemic that killed more people than the war itself, most will say: "Wait, are you kidding? I know World War I, but there was no World War 1.5, was there?" But people were traveling around after the war, and that meant the force of infection was much higher. And the problem is that the rate of travel back then was dramatically less than what we have nowadays.
If you ask what you are going to do about global warming, the only rational answer is to change the way in which we do transportation, energy production, agriculture and a good deal of manufacturing. The problem originates in human activity in the form of the production of goods.
The problem - at least in the United States - is not that people can't find jobs. The problem is that they're no longer finding jobs that provide them with dignity and decent social status.
Civil disobedience is not our problem. Our problem is civil obedience. Our problem is that people all over the world have obeyed the dictates of leaders…and millions have been killed because of this obedience…Our problem is that people are obedient allover the world in the face of poverty and starvation and stupidity, and war, and cruelty. Our problem is that people are obedient while the jails are full of petty thieves… (and) the grand thieves are running the country. That’s our problem.
Economic prosperity is not so much a material problem; it is, first of all, an intellectual, spiritual, and moral problem.
Entrepreneurs are moving from a world of problem-solving to a world of problem-finding. The very best ones are able to uncover problems people didn't realize that they had.
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