Productivity Increase Quotes

The thing which has made Labor great & powerful is labor-saving machinery--& nothing else in the world could have done it. It has been labor's savior, benefactor; but Labor doesn't know it, & would ignorantly crucify it. But that is human & natural.

The United States is like a giant steam generator. Once the fire has been lighted under it, there is no limit to the amount of power it can generate.

By enriching the carbon-dioxide content of the atmosphere from its impoverished pre-industrial levels, human beings have increased the productivity of the entire biosphere - so much so that roughly one out of every seven living things on the planet owes its existence to the marvelous improvement in nature that humans have effected.

The First Industrial Revolution used water and steam power to mechanize production. The Second used electric power to create mass production. The Third used electronics and information technology to automate production.

I'm always trying to think of ways to make something more efficient. If I have to do something once, that's fine. If I have to do it twice, I'm kind of annoyed. And if I have to do it three times, I'm going to try to automate it.

As capital is thus the most essential element in setting industry in motion, so it is by the amount of it, that the productiveness of that industry is chiefly determined.

If workmen become scarce, the manufacturer gives higher wages, but at first requires an encrease of labour; and this is willingly submitted to by the artisan, who can now eat and drink better, to compensate his additional toil and fatigue.

If you look at the US economy over the last 15-20 years wages have been stagnating or even declining.

Job growth well in excess of population increase would be a very good thing if it were only that easy.

When more women join the labor force and, particularly, become entrepreneurs, GDP rises dramatically in those countries - in both developed and developing economies.

The so-called East Asian economic miracle of the 1980s was due in large part to parents in the region deciding to have fewer children.

The introduction of so powerful an agent as steam will make a great change in the situation of man.

Two things are going on at the same time with the flattening of the world: The relentless quest for efficiency is squeezing some of the fat out of life.

The concentration and reciprocal effect of industry and agriculture conjoin in a growth of productive powers, which increases more in geometrical than in arithmetical proportion.

I think Britain's economy has done extremely well from having the influx of talented people from around the world and from having an influx of people from the rest of the European Union. It's both evidence of how strong the British economy was - that's what drew people in - but it's also part of what's making the British economy work.

We can no longer prosper by increasing human productivity. The more we try to do, the more poverty we will create.

I'm getting some really good work. And because I'm delivering what they want, more good work is coming my way.

The capitalist system did not produce the machine age; the machine age produced the capitalist system. The material prosperity that the world has enjoyed for the last seventy-five years or one hundred years has been due to the introduction of power; steam power, then electric power and the internal combustion engine. The capitalist system or the free enterprise system - the terms are synonymous and interchangeable - was the product of the power age. The capitalist system did not produce the power age.

The 1980s will seem like a walk in the park when compared to new global challenges, where annual productivity increases of 6% may not be enough. A combination of software, brains, and running harder will be needed to bring that percentage up to 8% or 9%.

The last 200 years, we've had an incredible amount of automation. We have tractors that do the work that horses and people used to do on farms. We don't dig ditches by hand anymore. We don't pound tools out of wrought iron. We don't do bookkeeping with books! But this has not, in net, reduced the amount of employment.

Profits might also increase, because improvements might take place in agriculture, or in the implements of husbandry, which would augment the produce with the same cost of production.

Week by week my orders grew, and the flat of the old mill soon assumed a very busy aspect.

If productivity grows, the economy does well.

Today, there are more Americans working than ever before in the history of our Nation, and the average wage of those workers is higher than it has ever been in the history of our Nation.

I'm killing two birds at once, so to speak. Animal-based food kills people. This way, by going vegan... we get healthy and save animals. I'm being selfish, too, because if I can get my employees healthier, we cut down on sick days and gain more productivity.