The growing complexity of science, technology, and organization does not imply either a growing knowledge or a growing need for read more

The growing complexity of science, technology, and organization does not imply either a growing knowledge or a growing need for knowledge in the general population. On the contrary, the increasingly complex processes tend to lead to increasingly simple and easily understood products. The genius of mass production is precisely in its making more products more accessible, both economically and intellectually to more people.

A good manager is a man who isn't worried about his own career but rather the careers of those who read more

A good manager is a man who isn't worried about his own career but rather the careers of those who work for him. My advice: Don't worry about yourself. Take care of those who work for you and you'll float to greatness on their achievements.

The desire of businessmen for profits is what drives prices down unless forcibly prevented from engaging in price competition, usually read more

The desire of businessmen for profits is what drives prices down unless forcibly prevented from engaging in price competition, usually by governmental activity.

Budgets are for cutting, that's why you set them.

Budgets are for cutting, that's why you set them.

A computer will not make a good manager out of a bad manager. It makes a good manager better faster read more

A computer will not make a good manager out of a bad manager. It makes a good manager better faster and a bad manager worse faster.

The "human condition" is always to push forward for the better and economics is the study of that process.

The "human condition" is always to push forward for the better and economics is the study of that process.

The creditor hath a better memory than the debtor.

The creditor hath a better memory than the debtor.

A gift blinds the wise and perverts the words of the righteous.

A gift blinds the wise and perverts the words of the righteous.

Women do not win formula one races, because they simply are not strong enough to resist the G-forces. In the read more

Women do not win formula one races, because they simply are not strong enough to resist the G-forces. In the boardroom, it is different. I believe women are better able to marshal their thoughts than men and because they are less egotistical they make fewer assumptions.