Production Quotes

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The time component of economic production became vital in Hayek's work in economic theory. Essentially, his economic work could be said to rest on the idea that the price system is a method for coordinating economic activity through time.

Alan O. Ebenstein

The socialist system, however, forbids this fundamental freedom to choose one's own career. Under socialist conditions, there is only one economic authority, and it has the right to determine all matters concerning production.

Ludwig von Mises

I was studying agriculture, how to produce better chickens, better cattle, better horses — horses in those days — better fruit, better vegetables. This was in the early years of the Great Depression, and the thoughts crossed my mind that there wasn't a hell of a lot of use producing better crops and better livestock if you couldn't sell them, that the real problem of agriculture was not efficiency in production but the problem of whether you could make money after you produced the stuff. So I shifted from the technical side to, first, the study of agricultural economic issues and then on to economics itself.

John Kenneth Galbraith

We now have single corporate enterprises employing hundreds of thousands of workers, having hundreds of thousands of stockholders, using billions of dollars' worth of the instruments of production, serving millions of customers, and controlled by a single management group. These are great collectives of enterprise, and a system composed of them might well be called "collective capitalism."

Gardiner C. Means

Before capitalist relations could come to dominate industrial production, a set of related changes was required to guarantee the new order. The state had to be transformed from a tributary structure to a structure of support for capitalist enterprise.

The great struggle of history has been for the control over money. It is almost tautological to affirm that to control the production and distribution of money is to control the wealth, resources, and people of the world.

Jack Weatherford

The first characteristic of interest is the fraction of the computational load which is associated with data management housekeeping. This fraction has been very nearly constant for about ten years, and accounts for 40% of the executed instructions in production runs.

When we place our dependence in God, we are unencumbered, and we have no worry. In fact, we may even be reckless, insofar as our part in the production is concerned. This confidence, this sureness of action, is both contagious and an aid to the perfect action. The rest is in the hands of God - and this is the same God, gentlemen, who has won all His battles up to now.

Total quality control is an effective system for integrating the quality development, quality maintenance, and quality improvement efforts of the various groups in an organization so as to enable production and service at the most economical levels which allow full customer satisfaction.

Armand V. Feigenbaum

From the standpoint of food production, storage, handling, and the Lord's counsel, wheat should have high priority. Water, of course, is essential. Other basics could include honey or sugar, legumes, milk products or substitutes, and salt or its equivalent. The revelation to store food may be as essential to our temporal salvation today as boarding the ark was to the people in the days of Noah.

Ezra Taft Benson

Competition, which is the instinct of selfishness, is another word for dissipation of energy, while combination is the secret of efficient production.

The needs of business, and the extensive market obviously waiting, assured the advent of mass-produced arithmetical machines just as soon as production methods were sufficiently advanced.
With machines for advanced analysis no such situation existed; for there was and is no extensive market; the users of advanced methods of manipulating data are a very small part of the population.

The human body is an instrument for the production of art in the life of the human soul.

Alfred North Whitehead

It is not true that evil, destructiveness, and perversion inevitably form part of human existence, no matter how often this is maintained. But it is true that we are daily producing more evil and, with it, an ocean of suffering for millions that is absolutely avoidable. When one day the ignorance arising from childhood repression is eliminated and humanity has awakened, an end can be put to this production of evil.

Spending by government currently amounts to about 45 percent of national income. By that test, government owns 45 percent of the means of production that produce the national income. The U.S. is now 45 percent socialist.

Milton Friedman

Production Assistant: But Mr. Goldwyn, you said you wanted a spectacle.
Goldwyn: Yes, but goddam it, I wanted an intimate spectacle!

There is ample work for all in this country provided all will work. The problem of unemployment is aggravated, not wholly by the alien knocking at our gate, but by the laborer at home slamming the door of production behind him and walking out. Stopping industry will not right the matter. And in the last analysis it is the earnings of industry, which on the average are only fair, that provide alike for wages and the increase of investment on which is the sole dependence of the advance of civilization.

Calvin Coolidge

Hayek's move from economic theory to political philosophy was a natural evolution in his ideas. First, he considered the influence of prices in production. Then he considered the larger question of the role of prices in social life. The conclusion he reached was that law should guarantee to each person a protected sphere within which each could live as much as possible as he pleased. Later in his career, he progressed to the idea that whole societies through their customs, morals, and rules are engaged in macrocompetition, the survivor of which would possess the customs, morals, and rules that are the most materially productive and result in the highest standard of living for the most—the economist's goal.

Alan O. Ebenstein

Both pure and applied science have gradually pushed further and further the requirements for accuracy and precision. However, applied science, particularly in the mass production of interchangeable parts, is even more exacting than pure science in certain matters of accuracy and precision.

Walter A. Shewhart

The artist produces for the liberation of his soul. It is his nature to create as it is the nature of water to run down hill. It is not for nothing that artists have called their works the children of their brains and likened the pains of production to the pains of childbirth.

W. Somerset Maugham

Chance never writ a legible book; chance never built a fair house; chance never drew a neat picture; it never did any of these things, nor ever will; nor can it be without absurdity supposed able to do them; which yet are works very gross and rude, very easy and feasible, as it were, in comparison to the production of a flower or a tree.

The amount of suffering and pain caused by the tyranny of human beings over other animals (particularly in food production) far exceeds that caused by sexism, racism, or any other existing form of discrimination, and for this reason, the animal liberation movement is the most important liberation movement on the face of the planet today.

Steve Stewart-Williams

It would be difficult to devise a process more inclined to throw up errors than the production of a newspaper.

Alan Rusbridger

I treat the act of making a record very much like working in a laboratory, experimenting with sounds and ideas... Whoever chooses to latch onto it, great; whoever doesn't, that's fine, too. The reaction always pales in comparison to the weight of the act of production.

Bennett seems to be showing alarming signs of irony. I have always found that irony among the lower orders is the first sign of an awakening social consciousness. It remains to be seen whether it will grow into an armed seizure of the means of production, distribution and exchange, or spend itself in liberal journalism.