There can be economy only where there is efficiency.
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.
The political problem of mankind is to combine three things: economic efficiency, social justice and individual liberty.
Management is efficiency in climbing the ladder of success; leadership determines whether the ladder is leaning against the right wall.
Management is efficiency in climbing the ladder of success
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.
If economists did not concern themselves with economic efficiency, nobody would.
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.
Applications for loans would be judged on a nation's social justice record as well as its economic efficiency.
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
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