A Quote by Ludwig von Mises

There is no remedy for the inefficiency of public management. — © Ludwig von Mises
There is no remedy for the inefficiency of public management.
Aimless extension of knowledge, however, which is what I think you really mean by the term curiosity, is merely inefficiency. I am designed to avoid inefficiency.” -R. Daneel Olivaw
Failure in the management of practical affairs seems to be a qualification for success in the management of public affairs.
Governmental subsidy systems promote inefficiency in production and efficiency in coercion and subservience, while penalizing efficiency in production and inefficiency in predation.
Time management is really personal management, life management. and management of yourself.
Management, in the sense of employer, is merely the agent for the public, the stockholders and the employees. It is management's job to preserve the balance fairly between all these interests, that each may have his fair share without imperiling the continuity of the effort upon which the whole depends.
This world is full of remedies. But you have no remedy until God opens a window for you. You may not be aware of that remedy just now. In the hour of need it will be made clear to you. The Prophet said God made a remedy for every pain.
Increasingly in recent times we have come first to identify the remedy that is most agreeable, most convenient, most in accord with major pecuniary or political interest, the one that reflects our available faculty for action; then we move from the remedy so available or desired back to a cause to which that remedy is relevant.
We live in a world where the laws are getting so tight that management has changed to micro-management to quantum-management to paralysis.
When I wear the hat of management, it is important that our management behaves and conducts as management accountable to the board.
Management did not emanate from nature. Management is not a tree: it's a television set. Somebody invented it. It doesn't mean it's going to work forever. Management is great. Traditional notions of management are great if you want compliance. But if you want engagement, self-direction works better.
Economic management involves the operation of economic frameworks in real time - for example, in the private sector, the management of complex financial institutions or, in the public sector, the day-to-day supervision of those institutions.
Maturity is a bitter disappointment for which no remedy exists, unless laughter could be said to remedy anything.
If you look at the practice of 'crisis management,' and maybe squint at it a little, you can make out in the corners of your vision the ghosts or the vestiges of a much older, but still thoroughly American, form of public life, one centered not on public opinion but on religion.
The essence of investment management is the management of risks, not the management of returns.
Nothing in finance is more fatuous and harmful, in our opinion, than the firmly established attitude of common stock investors regarding questions of corporate management. That attitude is summed up in the phrase: "If you don't like the management, sell your stock." ... The public owners seem to have abdicated all claim to control over the paid superintendents of their property.
The rush to books and universities is like the rush to the public house. People want to drown their realization of the difficulties of living properly in this grotesque contemporary world, they want to forget their own deplorable inefficiency as artists in life.
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