Hunting, fishing, and trapping is literally perfect. It's the perfect system by which to balance and ground the animal populations for next year's productivity.
The concept of productivity in America is income divided by labor. So if you're Goldman Sachs and you pay yourself $20 million a year in salary and bonuses, you're considered to have added $20 million to GDP, and that's enormously productive. So we're talking in a tautology. We're talking with circular reasoning here.
Technology enables consumers and investors to have extraordinary choice and ease of switching, which, in turn, stimulates much fiercer competition than ever before, which, in turn, makes it imperative for every institution to innovate like mad. That innovation is powering our economy these days, and it requires companies to find and utilize creative workers. That's the most important syllogism going; technology is embedded in that syllogism, but it's not as if we're seeing these productivity gains because of the technology.
What's really clear to all of us in the business community is that GDP is slowing everywhere. And the reason is productivity has been declining now for 15 or 20 years all over the world. So we've got very high unemployment, and it's structural. And it's compounded by real-time climate change - that's really a game changer.
If you don't want to join a union, you're gonna have much more opportunity for individual expansion, individual expression of talent and achievement. But when you go to work at a place where salaries are predetermined not by your productivity and not by your talent and not by how much you work, but rather by what the union contract is, you're locked into that no matter how good a job you do. The only option you have is overtime to make more than what standard pay is.
I think it's fairly easy to provide a moral defense of capitalism. It has been - over the last 200 years - the underlying basis for enormous increases in productivity and human welfare and rising living standards, particularly in the United States, and in the industrialized nations but in fact, in most parts of the world.
I'm sometimes asked about my productivity, which I find a bit embarrassing to be honest. I don't really have a particularly interesting answer to this question.
50 years from now we won't need as much human labour to do what manual workers do, so we should be able to take that extra productivity and put it to better use.
When economic structures and policies allow people to have access to capital, it releases a host of productivity that could humanize many bringing a greater flourishing to our society to the glory of God.
America's economic strength depends on industry's ability to improve productivity and quality and to remain on the cutting edge of technology, and that's why the Malcolm Baldrige National Quality Award is so important.
In Deuteronomy 11, God offers Israel a choice; either a life of productivity and enjoyment made possible by obedience to Him, or a life of difficulty and opposition made necessary by disobedience. The happiness Israel desires can only be theirs by being properly related to Him.
Through private investment capitalism kept raising the productivity of labor to new heights. Parents were able to earn enough so their offspring did not have to join the work force at an early age. This produced something unique in history: Childhood, a time when the young could experience the innocence of play and opportunity of schooling before entering the world of work.
One of the best ways to make growth personal is to give employees a share in their firm, a real incentive to go the extra mile, more of a 'John Lewis Economy' if you like...We know that firms where employees are engaged and own a stake do at least as well as other companies in the good times and have performed even better in recent bad times. Expanding and recruiting at a much faster rate and achieving better productivity...So, why do they make up just 2% of our business landscape?
I think markets are mechanisms that determine prices that are necessary for mass heterogenous populations, and markets do generate levels of technological innovation and productivity that is crucial. But when unregulated, they often generate levels of vast inequality and ugly isolation that makes it difficult for people to relate and connect with one another.
In earlier years, a lesser effort produced literally dozens of comparable opportunities. It is difficult to be objective about the causes for such diminution of one's own productivity. Three factors that seem apparent are: (1) a somewhat changed market environment; (2) our increased size; and (3) substantially more competition.
In the long run, greater investment would mean greater productivity and income growth.
The gospel moves us to see others as people created in God's image and that can have a profound impact on people's productivity and work satisfaction.
In the eyes of many business leaders, there is never an opportune moment for tax reform. Yes, the economy is losing momentum, but that is not because a handful of people are losing their privileges. Slow growth did not first begin during my term in office; the market downturn is making itself felt around the world. My government has responded with an agenda aimed at raising productivity. We are also investing substantially in infrastructure - the plan calls for €20.5 billion or $26.3 billion by 2021.
For 40 years, the American middle class has been disappearing. Millions of people are working longer hours for lower wages despite a huge increase in technology and productivity. And what we have seen during that period is a massive transfer of trillions of dollars from the middle class to the top one-tenth of 1 percent of America
Distractions are everywhere. And with the always-on technologies of today, they take a heavy toll on productivity. One study found that office distractions eat an average 2.1 hours a day. Another study, published in October 2005, found that employees spent an average of 11 minutes on a project before being distracted. After an interruption it takes them 25 minutes to return to the original task, if they do at all.
Doing less is not being lazy. Don't give in to a culture that values personal sacrifice over personal productivity.
An increase in the productivity of labour means nothing more than that the same capital creates the same value with less labour, or that less labour creates the same product with more capital.
I have long argued that paying down the national debt is beneficial for the economy: it keeps interest rates lower than they otherwise would be and frees savings to finance increases in the capital stock, thereby boosting productivity and real incomes.
This society in which knowledge workers dominate is in danger of a new "class conflict" between the large minority of knowledge workers and the majority of workers who will make their livings through traditional ways, either by manual work... or by service work. The productivity of knowledge work - still abysmally low - will predictably become the economic challenge of the knowledge society. On it will depend the ability of the knowledge society to give decent incomes, and with them dignity and status, to non knowledge people.
What good men most biologists are, the tenors of the scientific world - temperamental, moody, lecherous, loud-laughing, and healthy. Your true biologist will sing you a song as loud and off-key as will a blacksmith, for he knows that morals are too often diagnostic of prostatitis and stomach ulcers. Sometimes he may proliferate a little too much in all directions, but he is as easy to kill as any other organism, and meanwhile he is very good company, and at least he does not confuse a low hormone productivity with moral ethics.
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