Efficient Quotes - page 18
The entire thrust of neoclassical thought is to argue that the free market economy is an efficient system that will optimize utility for all mankind, if only government will get out of the way. It therefore departs from classical economists such as Adam Smith, who recognized the importance of governments for regulating markets and preventing monopolies.
David Orrell
Corporate governance is concerned with holding the balance between economic and social goals and between individual and communal goals. The governance framework is there to encourage the efficient use of resources and equally to require accountability for the stewardship of those resources. The aim is to align as nearly as possible the interests of individuals, corporations and society.
Dominic Cadbury
To the economically illiterate, if some company makes a million dollars in profit, this means that their products cost a million dollars more than they would have cost without profits. It never occurs to such people that these products might cost several million dollars more to produce if they were produced by enterprises operating without the incentives to be efficient created by the prospect of profits.
Thomas Sowell
When a specific desired end is attained we shall say that the action is "effective." When the unsought consequences of the action are more important than the attainment of the desired end and are dissatisfactory, effective action, we shall say, is "inefficient." When the unsought consequences are unimportant or trivial, the action is "efficient.
Chester Barnard
Efficiency, competence: Black students know the deadly, neutral definition of these words. There seldom has been a more efficient system for profiteering, through human debasement, than the plantations, of a while ago. Today, the whole world sits, as quietly scared as it can sit, afraid that, tomorrow, America may direct its efficiency and competence toward another forest for defoliation, or clean-cut laser-beam extermination.
June Jordan
About one-fifth of all the heat that enters the average house comes through windows. ...external shading is by far the most efficient method for controlling interior heat build-up. The air-wash between the shading screen and the window is also very effective. The screen should have a light-colored finish... Insulation boards placed next to the window pane at night, will help prevent heat losses through glazed openings. Overhangs and horizontal sunshades placed above south-facing windows serve effectively as heat reducers.
Ken Kern
The techniques for making art thus morally acceptable, of drawing its fangs, are endless; and each generation finds its own. Just now the democratic machinery for rendering art safe is so efficient that it seems that the system can absorb anything. It would be exciting to think that somewhere in Europe there was a man making art which was so violent and true that the system could not take it.
Patrick Swift
While technology has helped us be more efficient when elections are run, those same elections should be secure and auditable. Many county clerks would like to put printable receipts on their electronic voting machines, but they do not have the funding. These print-outs would provide the voter and the county a paper trail in case of close recounts. This will help eliminate voter fraud.
Rupert Boneham
Ever wish you could draw a few diagrams, press a button, and have a working software system that meets your needs? Sound like magic? Perhaps, but that's a major part of the Executable UML vision. The basic idea is that you will use a CASE tool to develop detailed UML diagrams and then supplement them by specifications written in a formal language, presumably the OMG's Object Constraint Language (OCL). The basic idea behind Executable UML is that systems can be modeled at a higher level of abstraction than source code, simulated to support validation of your efforts, and then translated into efficient code. This higher-level of abstraction should help to avoid premature design, enable you to change your system as your requirements evolve, and to delay implementation decisions until the last minute.
Scott Ambler
