A Quote by John Katzman
The Internet is the first technology since the printing press which could lower the cost of a great education and, in doing so, make that cost-benefit analysis much easier for most students. It could allow American schools to service twice as many students as they do now, and in ways that are both effective and cost-effective.
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I'm no military expert, and these figures might not be exactly right,' I said. 'But as best I can tell, we've launched 114 Tomahawk cruise missiles into Afghanistan so far. Now take the cost of one of those missiles, tipped with a Raytheon guidance system, which I think is about $840,000. For that much money, you could build dozens of schools that could provide tens of thousands of students with a balanced, non extremist education over the course of a generation. Which do you think will make us more secure?
That is, while we believe that cost-benefit analysis is an important tool to inform agency decision making, the results of the cost-benefit analysis do not trump existing law
That is, while we believe that cost-benefit analysis is an important tool to inform agency decision making, the results of the cost-benefit analysis do not trump existing law.
My advice is don't use technology primarily to lower costs. Use technology to create new, effective ways of touching the market and creating new businesses and if you do that right, the cost savings will come.
One of the most consistent findings about low performing schools and students is that "home variables" (parental income and education, etc.) are more predictive than "school variables." But, having said that, we as a society can have much more effect on the school variables than on the home variables, so it's important and valuable to focus on the question of which interventions in schools are most effective and which are least effective.
Gene therapy technology is much like computing technology. We had to build the super computer which cost $8 million in 1960. Now everyone has technologies that work predictably and at a cost the average person can afford.
Features have a specification cost, a design cost, and a development cost. There is a testing cost and a reliability cost. ... Features have a documentation cost. Every feature adds pages to the manual increasing training costs.
One effect of benefit-cost analysis is to give any respectable engineer or economist a means for justifying almost any kind of project the national government wants to justify... Exclusive reliance on benefit-cost analysis has been one of the greatest threats to wise decisions in water development.
The Internet rewards scale; by trading higher up-front costs for lower marginal cost, market leaders can invest in better technology and service. As a result, there is nothing online that is both great in quality and small in scale. Amazon wasn't originally a better bookstore than the small shops we mourn, but it is now.
Presidential leadership needn't always cost money. Look for low- and no-cost options. They can be surprisingly effective.
The most cost-effective move we could make in defense spending would be to shift the focus of CIA operations, giving this agency the directive to make trouble for the Soviet Union.
Quality napkins are made in villages at a cost of just Rs 2 per piece with my simple and cost-effective machines.
I love the U.S. military. I want them to be the most effective and the most cost-effective and I think there is so much spending and so much bloat and so much bureaucracy that it actually hinders them from having a lot of the mission accomplishments that they should.
How I wish we could all see the cost of our choices as clearly as a price tag on items in a store. If I know how much something is going to cost me, I make much wiser choices. But we have an enemy who schemes against us to keep the cost of dumb decisions concealed until it's too late.
The U.S. government has a technology, called a printing press (or, today, its electronic equivalent), that allows it to produce as many U.S. dollars as it wishes at essentially no cost.
On the Internet, there are an unlimited number of competitors. Anybody with a Flip camera is your competition. What makes it even worse is that YouTube is willing to subsidize the cost of your bandwidth. So anybody can create and distribute for free basically, but the real cost is marketing. And that's always the big cost - how do you stand out and what's the cost of standing out? And there's no limit to that cost.
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