Top 1200 Economic Efficiency Quotes & Sayings

We should know that only replacing the economics of competition and greed with the economics of equitable cooperation will guarantee a globalization that takes advantage of potential efficiency gains in ways that also promote environmental protection, international equity, economic democracy, and variety.

A vital function of the free market is to penalize inefficiency and misjudgment and to reward efficiency and good judgment. By distorting economic calculations and creating illusory profits, inflation will destroy this function.

My politics are: I'm a trustbuster. Very focused. And yeah, I'm pro-efficiency. I want the most economic activity at the lowest price possible. It's good for everybody, it's not red or blue.

Efficiency innovations arise in industries that already exist. They provide existing goods and services at much lower costs. They are not empowering. Efficiency innovators become the low cost providers within an existing framework.

You can expect to find these four priorities - education, economic vitality, efficiency in government and the protection of families - woven into my decisions as Governor. They will serve as my compass as I work with you to chart a future course for our state.

The obsession with economic profit and technical efficiency puts the human rhythms of life at risk.

Obama's view of the tax code is inherently political: Whom can we hit next? Energy companies, jet owners, bankers? Instead, the question should be how to promote economic efficiency by raising revenue without trying to manipulate corporate or personal behavior.

My politics are: I'm a trustbuster. Very focused. And yeah, I'm pro-efficiency. I want the most economic activity at the lowest price possible. It's good for everybody; it's not red or blue.

Repealing the estate tax won't create jobs, it won't boost GDP, and it won't add efficiency to the market. Instead, repealing the estate tax will simply add to the debt, hurt our ability to build a stronger economy and worsen economic inequality.

We need a number of solutions - we need more efficiency and conservation. Efficiency is a big one. I think car companies need to do a lot better in producing more efficient cars. They have the technology, we just need to demand them as consumers.

Our rockets can find Halley's comet, and fly to Venus with amazing accuracy, but side by side with these scientific and technical triumphs is an obvious lack of efficiency in using scientific achievements for economic needs. Many Soviet household appliances are of poor quality.

The increase in coal production and the efficiency in coal movement are all administrative things that can add a lot to the economic growth.

Efficiency innovations provide return on investment in 12-18 months. Empowering innovations take 5-10 years to yield a return. We have ample capital - oceans of capital - that is being reinvested into efficiency innovation.

The potential for Home Star to create jobs is proven and real. In Vermont, our statewide energy efficiency utility, Efficiency Vermont, created more than 430 jobs in 2007 and 2008, generating more than $40 million in income.

This law (regarding the theoretical efficiency of heat engines by Mr. Joule), and the law of the maximum efficiency of heat engines, are particular cases of a general law which regulates all transformation of energy, and is the basis of the Science of Energetics.

The Western world, in spite of its advantages of mechanization and industrial efficiency is today in a worse mess than ever before in history. The adoption Western economic theory and practice will not help us in achieving our goal of creating a happy and contented people. We must work our destiny in our own way and present to the world an economic system based on true Islamic concept of equality of manhood and social justice.

We value the clock for its speed and efficiency. The clock has its place, efficiency has its place, after effectiveness. The symbol of effectiveness is the compass a sense of direction, purpose, vision, perspective, and balance. But the empowerment process itself is not efficient.

Most people may not think about it, but the aftermath of war is very costly. Costly not just in lives, but the treatment. Because of the efficiency of our transportation system, the efficiency of our medical technicians, people are surviving.

Some economists became obsessed with market efficiency and others with market failure. Generally held to be members of opposite schools-freshwater and saltwater, Chicago and Cambridge, liberal and conservative, Austrian and Keynesian-both sides share an essential economic vision. They see their discipline as successful insofar as it eliminates surprise-insofar, that is, as the inexorable workings of the machine override the initiatives of the human actors.

Efficiency innovations are a natural part of the economic cycle, but these are the innovations that streamline process and actually reduce the number of available jobs.

If stability and efficiency required that there existed markets that extended infinitely far into the future - and these markets clearly did not exist - what assurance do we have of the stability and efficiency of the capitalist system?

For society, the Internet is wonderful, but for capitalists, it will be a net negative. It will increase efficiency, but lots of things increase efficiency without increasing profits. It is way more likely to make American businesses less profitable than more profitable. This is perfectly obvious, but very little understood.

The practice of first developing a clear and precise definition of a process without regard for efficiency, and then using it as a guide and a test in exploring equivalent processes possessing other characteristics, such as greater efficiency, is very common in mathematics. It is a very fruitful practice which should not be blighted by premature emphasis on efficiency in computer execution.

I see four principles as laying the foundations for the kind of economic recovery Europe needs: fairness, efficiency, solidarity and growth.

My belief in free competitive economic enterprise does not rest solely or even mainly on arguments of economic efficiency, though, heaven knows, these are cogent enough. It rests essentially on the view that the free market is the only safe way of ensuring that productive effort is directed towards supplying what individuals actually want, and in a way which secures the dignity and independence of the worker.

There is an efficiency inspired by love which goes far beyond and is much greater than the efficiency of ambition; and without love, which brings an integrated understanding of life, efficiency breeds ruthlessness.

Governmental subsidy systems promote inefficiency in production and efficiency in coercion and subservience, while penalizing efficiency in production and inefficiency in predation.

The basic premise of math is about efficiency. And when you've got racism, sexism, and bigotry, that's just standing in the way of efficiency in our own progress.

Efficiency may curtail [energy] demand in the short term, for the specific task at hand. But its long-term impact is just the opposite...efficiency fails to curb demand because it lets more people do more, and do it faster-and more/more/faster invariably swamps all the efficiency gains.

What is the major problem? It is fundamentally the confusion between effectiveness and efficiency that stands between doing the right things and doing things right. There is surely nothing quite so useless as doing with great efficiency what should not be done at all.

Back in the mid-1970s, we adopted some fairly ambitious goals to improve efficiency of our cars. What did we get? We got a tremendous boost in efficiency.

The public perceives there are problems with the water system, and with the efficiency of the system. We need some leadership and to provide expertise in the area of efficiency.

Digitally enabled supply chains initially increased efficiency and dramatically shortened lead times. Capital was mobile; labor, less so. Economic activity (production, research, design, etc.) moved to any accessible country or region that had relatively inexpensive labor and human capital.

The key words of violent economics are urbanization, industrialization, centralization, efficiency, quantity, speed. . . . The problem of evolving a nonviolent way of economic life [in the West] and that of developing the underdeveloped countries may well turn out to be largely identical.

We have to shift our emphasis from economic efficiency and materialism towards a sustainable quality of life and to healing of our society, of our people and our ecological systems.

A better distribution of incomes would increase that efficiency by diverting a great fund of wealth from the useless to the useful members of society. To cut off the income of the useless will not impair their efficiency. They have none to impair. It will, in fact, compel them to acquire a useful function.

Efficiency in government is a more elusive concept than efficiency in the private economy, which may be measured relatively easily as output per units of input. What is the government's 'output?'

The preservation of liberty, not the promotion of efficiency, is the primary justification for private property. Efficiency is a happy, though not accidental, by-product - and a most important by-product because liberty could not have survived if it had not also produced affluence.

With respect to the environment in our state and our state's future - in addition to water which is very important here - I think it is crucial for him to make a sincere commitment to energy efficiency, fuel efficiency, by helping us to produce those cars of the future

The road to energy efficiency is, in theory, a sustainability sweepstake. More efficiency means that less fuel is required to generate a given amount of energy, which in turn means lower costs for the provider and cheaper prices for the customers.

I think on the efficiency level, not only the distribution level, capitalism is a flawed system. It probably has the same virtues as Churchill attributed to democracy: It's the worst system except for any other. And I think that's right, but it cannot be thought that some unmitigated belief in free markets is a cure even from the efficiency point of view.

A tension has always existed between the capitalist imperative to maximize efficiency at any cost and the moral imperatives of culture, which historically have served as a counterweight to the moral blindness of the market. This is another example of the cultural contradictions of capitalism - the tendency over time for the economic impulse to erode the moral underpinnings of society. Mercy toward the animals in our care is one such casualty.

The influence of (the national parks) is far beyond what is usually esteemed or usually considered. It has a relation to efficiency -- the working efficiency of the people, to their health, and particularly to their patriotism -- which would make the parks worth while, if there were not a cent of revenue in it, and if every visitor to the parks meant that the Government would have to pay a tax of $1 simply to get him there.

Applications for loans would be judged on a nation's social justice record as well as its economic efficiency.

The political problem of mankind is to combine three things: economic efficiency, social justice and individual liberty.

We are in a crisis today because the practical consensus between the left and the right, linking economic efficiency with social protection, has broken down

I'm obsessed with efficiency. And there are some tasks I need to just leave alone. And there are others - like an evening with one of my daughters or my wife - where I need to toss efficiency aside and simply be in the moment.

A triumphalist corporate capitalism, free at last of the specter of Communism, has mobilized its economic power to relentlessly marginalize all nonmarket values; to subordinate every aspect of American life to corporate "efficiency" and the bottom line; to demonize not only government but the very idea of public service and public goods.

Freud had a gene for inefficiency, and I think I have a gene for efficiency. Had I not been a therapist, I would have been an efficiency expert.

Resource efficiency is the wrong metric. We should use nature as the measure, using nature's wisdom as a template for our economic systems.

Efficiency, connectivity and productivity are all economic buzzwords that people have said high-speed rail will deliver. But at the heart of it what high-speed rail will deliver is growth and jobs.

If we look to the future, when we talk about outsourcing jobs, when we talk about global competitiveness and our efficiency, none of that matters very much unless we have appropriate training and education for our young people today who are the workforce of tomorrow. It is an economic reality, and we are failing.

Basically, for any complex to be sustainable needs to have a balance between two factors: resilience and efficiency. These two factors can be calculated from the structure of the network that is involved in a complex system. A resilient, efficient system needs to be diverse and interconnected. On the other hand, diversity and interconnectivity decrease efficiency. Therefore, the key is an appropriate balance between efficiency and resilience.

E governance can bring minimum government and maximum governance. It is easy, effective and economic governance. It brings empowerment, equity and efficiency of the economy. It is a very useful field that can be the greatest problem solver of the people.

Just refrigerator efficiency saves more energy than all that we're generating from renewables, excluding hydroelectric power... I cannot impress upon you how important energy efficiency is. It doesn't mean you eat lukewarm food and your beers are lukewarm. You can still have it; you just make a better thing

If economists did not concern themselves with economic efficiency, nobody would.

... conscienceless efficiency is no match for efficiency quickened by conscience.

Our Republic is not a pastoral, not a military, not an agricultural, not a nomadic, not a clerical, but a business civilization. Nor is there anything random, casual or accidental about the United States as a business society. It is thoroughly well integrated - organized from top to bottom for the maximum efficiency of commerce and industry, for the maximum efficiency of making money.

We are operating at an overall mechanical efficiency of only four percent... Therefore, we find that if we increase the overall mechanical efficiency to only twelve percent we can take care of everybody. That three-fold increase in the overall efficiency can only be accomplished by redesign.

With respect to the environment in our state and our state's future - in addition to water which is very important here - I think it is crucial for him to make a sincere commitment to energy efficiency, fuel efficiency, by helping us to produce those cars of the future.