Efficiency Quotes - page 5
At the beginning of World War II the U. S. had a mere 600 or so first-class fighting aircraft. We rapidly overcame this short supply by turning out more than 90,000 planes a year. The question at the start of World War II was: Do we have enough funds to produce the required implements of war? The answer was No, we did not have enough money, nor did we have enough gold; but we did have more than enough resources. It was the available resources that enabled the US to achieve the high production and efficiency required to win the war. Unfortunately this is only considered in times of war.
Jacque Fresco
It is an assumption that there is always one single dimension for assessing persons and their actions that has canonical priority. This is the dimension of moral evaluation; "good/evil" is supposed always to trump any other form of evaluation, but that is an assumption, probably the result of the long history of the Christianisation and then gradual de-Christianisation of Europe, which one need not make. Evaluation need not mean moral evaluation, but might include assessments of efficiency, ... simplicity, perspicuousness, aesthetic appeal, and so on.
Raymond Geuss
All this can mean one of only two things: either the Anukramani ascriptions are genuine; or else they have been concocted with incredible efficiency and coordination: this would involve great skill not only in concocting ascriptions for new hymns, to make them fit into the pattern, but also in changing older Anukramani ascriptions where a descendant of a Rishi composer from a later (as per my chronology) Mandala figured as a composer in an earlier (as per my chronology) Mandala, and in extrapolating references from within the hymns of an earlier (as per my chronology) Mandala which referred to a Rishi composer from a later (as per my chronology) Mandala!
Shrikant Talageri
The third and intermediate kind of instruction, which connects the first two... relates to the application of scientific principles to practical purposes. It qualifies the student to plan a structure or a machine for a given purpose, without the necessity of copying some existing example, and to adapt his designs to situations to which no existing example affords a parallel. It enables him to compute the theoretical limit of the strength or stability of a structure, or the efficiency of a machine of a particular kind-to ascertain how far an actual structure or machine fails to attain that limit-to discover the cause of such shortcomings-and to devise improvements for obviating such causes; and it enables him to judge how far an established practical rule is founded on reason, how far on mere custom, and how far on error.
William John Macquorn Rankine
We investigate how the degree to which credit markets are centralized affects efficiency when there is asymmetric information. Specifically, we argue that decentralization of credit may promote efficient project selection when creditors are not fully informed ex ante about project quality.
Our starting point is the idea that, although an entrepreneur (project manager) may have a relatively good idea of her project's quality from the outset, creditors acquire this information only later on, by which time the criteria for profitability may have changed. Thus, a poor project (one whose completion time is too long to be profitable ex ante) may nevertheless be financed, since a creditor cannot distinguish it at the time from a good (quick) project.
Eric Maskin
We are far from understanding how to achieve adaptively efficient economies because allocative efficiency and adaptive efficiency may not always be consistent. Allocatively efficient rules would make today's firms and decisions secure - but frequently at the expense of the creative destruction process that Schumpeter had in mind.
Douglass North
The first economic revolution was not a revolution because it shifted man's major economic activity from hunting and gathering to settled agriculture. It was a revolution because the transition created an incentive change for mankind of fundamental proportions. The incentive change stems from the different property rights under the two systems. When common property rights over resources exist, there is little incentive for the acquisition of superior technology and learning. In contrast, exclusive property rights which reward the owners provide a direct incentive to improve efficiency and productivity, or, in more fundamental terms, to acquire more knowledge and new techniques. It is this change in incentive that explains the rapid progress made by mankind in the last 10,000 years in contrast to his slow development during the long era as a primitive hunter/gatherer.
Douglass North
...my watchword if I were in office at this moment would be summed up in one single word-the word "efficiency." (Cheers.) If we have not learned from this war that we have greatly lagged behind in efficiency we have learned nothing, and our treasure and our lives are thrown away unless we learn the lesson which the war has given us...last, and, perhaps, greatest of all, there comes a question that underlies the efficiency of our nation...I mean education (loud cheers), in which we are lagging sadly, and with which we shall have peacefully to fight other nations with weapons like the bow and arrow if we do not progress. We have nothing like a national system, but a great chaos of almost haphazard arrangement.
Archibald Primrose, 5th Earl of Rosebery
Designed as a companion volume to the acclaimed Object-Oriented Analysis, this book focuses on the middle part of the software lifecycle: the activity of design. It shows readers how to apply object-oriented design, and how to tailor and expand the method to suit specific organization and project needs. Readers will explore the major issues in OOD; the role of OOD in the systems lifecycle; how to use graphical notation; strategies for creating design; and hints for evaluating the efficiency of a design created with OOD. For software engineers and other users undertaking real-world systems development projects and designing overall software architecture for systems will find this reference approach to improving systems design indispensable.
Ed Yourdon
If we ask how creatures [bees] that act so elaborately against their private advantage can have evolved, the answer lies in their mode of reproduction. Most workers are sterile. The unit of selection is normally the whole community. Its prosperity depends on the efficiency of the workers. An uncooperative strain would simply revert toward the solitary life these insects started from and in which many would still remain.. So it is natural to understand their evolution, as we would that of a plant, without reference to the plans or wishes of the individual bees.
Mary Midgley
He said nothing to gratify curiosity, or to satisfy man's ambition by opening doors to worldly greatness. In all His teaching, Christ brought the mind of man in contact with the Infinite Mind. He did not direct the people to study men's theories about God, His word, or His works. He taught them to behold Him as manifested in His works, in His word, and by His providences.
Christ did not deal in abstract theories, but in that which is essential to the development of character, that which will enlarge man's capacity for knowing God, and increase his efficiency to do good. He spoke to men of those truths that relate to the conduct of life, and that take hold upon eternity.
Ellen G. White
In the twelfth century the Basque fishermen of Biarritz used to hunt whales with deadly efficiency. When the whales sensibly moved away, the Basques chased them further and further, with the consequence that the fishermen of Biarritz discovered America before Columbus did. This is a matter for local pride but on a larger view it is not quite so stunning, since with the possible exception of the Swiss everybody discovered America before Columbus did.
Clive James
In the tragic days of Mussolini, the trains in Italy ran on time as never before and I am told in their way, their horrible way, that the Nazi concentration-camp system in Germany was a model of horrible efficiency. The really basic thing in government is policy. Bad administration, to be sure, can destroy good policy, but good administration can never save bad policy.
Adlai Stevenson II
Scientific investigation is rapidly putting at our disposal vast amounts of knowledge concerning materials and forces, which it is the business of the engineer to utilize for the benefit of the community. Well-designed plants and efficiency labor-saving devices, to be seen on every hand, bear testimony that he is doing at least a portion of his work well. When, however, it comes to the operation of these plants and the utilization of these labor-saving devices, the lack of co-operation between employer and employee, and the inefficient utilization of labor, very much impair their efficiency. The increase of this efficiency is essentially the problem of the manager, and the amount to which it can be increased by proper study is, in most cases, so great as to be almost incredible.
Henry Gantt
Sport is linked with the technical world because sport itself is a technique. The enormous contrast between the athletes of Greece and those of Rome is well known. For the Greeks, physical exercise was an ethic for developing freely and harmoniously the form and strength of the human body. For the Romans, it was a technique for increasing the legionnaire's efficiency. The Roman conception prevails today.
Jacques Ellul
If identical goods were being produced at widely differing efficiency in different parts of the United Kingdom or if the United Kingdom and Germany, or Japan, or the United States, were part of a single unit with a single currency, then of course the less efficient producers would be knocked out. That is why Germany is so keen for Britain to go into the European Monetary System, so that it can wipe out the British industries which it is in competition.
Enoch Powell
In the interior of the atom, Bohr had tried the plan of retaining the particle-electron and modifying the classical mechanics. Heisenberg took the opposite course, his procedure amounting in effect to retaining the classical mechanics, at least in form, and modifying the electron. Actually, the electron dropped out all together, because it exists only as a matter of inference and not of direct observation. For the same reason, the new theory contains no mention of atoms, nuclei, protons, or of electricity in any shape or form. The existences of all these are matters of inference, and Heisenberg's purely mathematical theory could no more make contact with them than with the efficiency of a turbine or with the price of wheat.
James Jeans
No one contemplating the present position and looking back at the whole series of vicissitudes which has beset the British economy throughout the past 20 years can find the prospect other than very difficult at present. But I believe that there is also a great opportunity at present. There is certainly no quick, easy road to prosperity for this country, but the changes which must be made are fairly marginal. They must be made with absolute determination, but if they are so made, and accepted by the people, the whole outlook can change. The Government can only provide the right framework. Unless they do that, our national energies will be misdirected, but once they have done it the opportunities for export and growth and efficiency must be seized by everyone. There will still be two years of hard slog ahead. But at the end of it we could have a more securely-based prosperity than we have known for a generation.
Roy Jenkins
