A Quote by Paul Dickson
Albrecht's Law: Social innovations tend to the level of minimum tolerable well being.
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Albrecht's Law - Intelligent people, when assembled into an organization, will tend toward collective stupidity.
Companies, in fact, are specifically organized to under-invest in disruptive innovations! This is one reason why we often suggest that companies set up separate teams or groups to commercialize disruptive innovations. When disruptive innovations have to fight with other innovations for resources, they tend to lose out.
The reason why it is so difficult for existing firms to capitalize on disruptive innovations is that their processes and their business model that make them good at the existing business actually make them bad at competing for the disruption. Companies in fact are specifically organized to under-invest in disruptive innovations! This is one reason why we often suggest that companies set up separate teams or groups to commercialize disruptive innovations. When disruptive innovations have to fight with other innovations for resources, they tend to lose out.
There are three types of innovations that affect jobs and capital: empowering innovations, sustaining innovations and efficiency innovations.
This [minimum wage] legislation, passed by the 81st Congress at its first session, is an important addition to the laws we live by. It is a measure dictated by social justice. It adds to our economic strength. It is founded on the belief that full human dignity requires at least a minimum level of economic sufficiency and security.
Today we are living in an intellectual and technological paradise and a moral and social nightmare because the intellectual level of evolution, in its struggle to become free of the social level, has ignored the social level's role in keeping the biological level under control.
All societies are based on a sort of minimum level of communism. Otherwise, you couldn't have any social relations at all.
The high rate of unemployment among teenagers, and especially black teenagers, is both a scandal and a serious source of social unrest. Yet it is largely a result of minimum wage laws. We regard the minimum wage law as one of the most, if not the most, anti-black laws on the statute books.
For those who have only to obey, law is what the sovereign commands. For the sovereign, in the throes of deciding what he ought to command, this view of law is singularly empty of light and leading. In the dispersed sovereignty of modern states, and especially in times of rapid social change, law must look to the future as well as to history and precedent, and to what is possible and right as well as to what is actual.
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.
Social distinctions tend to matter only at your own level and above.
I'm very lucky with the people that recognise me - it's at a very tolerable level. I don't think I could handle the level of recognition which David Beckham has.
Congress has not raised the minimum wage since 1997. The minimum wage is now at its lowest level in 50 years adjusted for inflation.
A minimum-wage law, a law that prevents employers and employees from entering into mutually beneficial economic exchanges, is as far from a free market or free enterprise as one can get. That's why it causes so much damage and destruction, especially to black teenagers and others whose labor, for one reason or another, is valued by employers at less than the government-established minimum wage.
Jews allow to steal lands from Palestinians, only because they are Jews, and those are Palestinian. I want to repeat it, because people here in America don't believe it. We have a new law that settlers allowed to steal private lands of Arabs and take it to Jews. This is an official law. And now they're going to ban everyone who criticize a pure apartheid law. So, in a way, it's horrific. It's only everyone who stand for civil right in the minimum level - liberals, not radical - is not allowed to Israel.
You tend to meet on a more regular basis with people in your industry, and reality being what it is, you tend to meet with them at the particular level that you occupy; so that develops a fraternity relationship.
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