42 Factors Of Production Quotes

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A leveraged worker can out-produce a non-leveraged worker by a factor of 1000 or 10,000. β€” Naval Ravikant

When you’re seeking modest improvement in what exists, you start working with the same tools and assumptions, the same mental framework on which the old technology is based. But when the challenge is to move ahead by a factor of ten, you start with a blank slate. When you commit to a moonshot, you fall in love with the problem, not the product. You commit to the mission before you even know that you have the ability to reach it. And you set audacious goals. β€” Mo Gawdat

I wanted control over the merchandising, the actual packaging of the product. That was a big factor. The only way for me to exercise control on all those levels was to start my own label. β€” Helen Reddy

Factors of production quote I am not a product of my circumstances. I am a product of my
I am not a product of my circumstances. I am a product of my decisions.

If God had meant there to be more than two factors of production, He would have made it easier for us to draw three-dimension al diagrams. β€” Robert Solow

All the impoverishing effects of socialism are with us in the U.S.: reduced levels of investment and saving, the misallocation of resources, the overutilization and vandalization of factors of production, and the inferior quality of products and services. β€” Hans-Hermann Hoppe

Disco is a major influence in the world of fashion. It is a dynamic factor in contemporary advertising. It is a message from every consumer that there has been a rediscovery of America's greatest by-product: fun. β€” Neil Bogart

Factors of production quote Strength is the product of struggle, you must do what others
Strength is the product of struggle, you must do what others don't to achieve what other won't.

As a producer, I think one of the most important decisions you make is not necessarily the material you are working on but the production apparatus that you choose to develop the project with, and that determines what funding you go to, it determines many factors. β€” Atom Egoyan

Honesty is the most single most important factor having a direct bearing on the final success of an individual, corporation, or product. β€” Ed Mcmahon

It is inherent in the nature of the capitalistic economy that, in the final analysis, the employment of the factors of production is aimed only toward serving the wishes of consumers. β€” Ludwig von Mises

The best product should be bought, the best man should be rewarded more. Interfering factors which befuddle this triumph of virtue, justice, truth, and efficiency, etc., should be kept to an absolute minimum or should approach zero as a limit. β€” Abraham Maslow

Intellectual capital is the most valuable of all factors of production. β€” Brian Tracy

I'm a political scientist and I study these things, and I know that economic problems, with the rising unemployment and inflation and low productivity and so forth, were a factor in that election, in that defeat of President Carter. β€” Jeane Kirkpatrick

On the unhampered market there prevails an irresistible tendency to employ every factor of production for the best possible satisfaction of the most urgent needs of the consumers. If the government interfered with this process, it can only impair satisfaction; it can never improve it. β€” Ludwig von Mises

Production speed is severely slowed down if one works with half-time people who have other obligations as well. This is at least a factor of four; probably it is worse. β€” Edsger Dijkstra

Equality of economic opportunity, in the context of private property, means equality of opportunity for the millions of capital-less households of today to buy, pay for, and employ in their lives the non-human factor of production, capital. β€” Louis O. Kelso

Effective communication is a key factor in the success of your product. β€” Jesse James Garrett

Concerning the factors of silence, solitude and darkness, we can only say that they are actually elements in the production of the infantile anxiety from which the majority of human beings have never become quite free. β€” Sigmund Freud

By keeping labor supply down, immigration policy tends to keep wages high. Let us underline this basic principle: Limitation of the supply of any grade of labor relative to all other productive factors can be expected to raise its wage rate; and increase in supply will, other things being equal, tend to depress wage rates. β€” Paul Samuelson

When you're in a losing streak, your ability to properly assimilate and analyze information starts to become distorted because of the impairment of the confidence factor, which is a by-product of a losing streak. You have to work very hard to restore that confidence, and cutting back trading size helps achieve that goal. β€” Bill Lipschutz

The growth of a nation's productive potential is the central factor in determining its growth in real wages and living standards.... high rates of investment and saving usually have a big payoff in promoting economic growth. β€” Paul Samuelson

The most important thing for small businesses is getting the economy back on its feet. That - the key driver of small business activity is demand for their product, and that is what we are trying to do, getting the economy back on its feet. That's far more important than other factors. β€” Peter Orszag

America is the greatest engine of innovation that has ever existed, and it can't be duplicated anytime soon, because it is the product of a multitude of factors: extreme freedom of thought, an emphasis on independent thinking, a steady immigration of new minds, a risk-taking culture with no stigma attached to trying and failing, a noncorrupt bureaucracy, and financial markets and a venture capital system that are unrivaled at taking new ideas and turning them into global products. β€” Thomas L. Friedman

Joy, feeling one's own value, being appreciated and loved by others, feeling useful and capable of production are all factors of enormous value for the human soul. β€” Maria Montessori

Money is not a factor of production. But in order to have access to credit, in order to get money, in order to get an education, you have to pay the banks. β€” Michael Hudson

Love for coworkers, love for customers, love for the product and love for self. Walt Disney instilled all of these "loves" in his company. Each of these factors is critical to achieving success in any organization. β€” Bill Capodagli

One of the problems of a director on the set is that we become overwhelmed by all the factors and threads of production, that sometimes we can't focus on our main job, which is steering the performances to create the whole film. β€” Whit Stillman

In earlier years, a lesser effort produced literally dozens of comparable opportunities. It is difficult to be objective about the causes for such diminution of one's own productivity. Three factors that seem apparent are: (1) a somewhat changed market environment; (2) our increased size; and (3) substantially more competition. β€” Warren Buffett

One of the most important features of our economic resources is their scarcity: land, labor, and capital goods factors are all scarce, and may all be put to various possible uses. The free market uses them 'productively' because the producers are guided, on the market, to produce what the consumers most need: automobiles, for example, rather than buggies. β€” Murray Rothbard

Popularity is the product of two factors: (a) how compelling material you offer, and (b) how easy it is to access it. Host free pirated movies and users will flock to the site, even if it's difficult to use. β€” Jakob Nielsen

The use of the high level language made each programmer a factor of 5 to 10 more productive in a coding sense and more concerned with the semantics than the syntax of modules. β€” Fernando J. Corbato

It is much more accurate to identify the factors of production as know-how (that is genetic information structure), energy, and materials, for, as we have seen, all processes of production involve the direction of energy by some know-how structure toward the selection, transportation, and transformation of materials into the product β€” Kenneth E. Boulding

The brand of the future...is patient, consistent, connected, and trusted. The new brand is based on the truth that only comes from experiencing the product, not just yelling about it. Word of mouth is more important (by a factor of 20) than TV advertising, and the remarkability word of mouth demands comes from what we experience, not from spin or taglines or a campaign slogan. β€” Seth Godin

The boom squanders through malinvestment scarce factors of production and reduces the stock available through overconsumption; its alleged blessings are paid for by impoverishment. β€” Ludwig von Mises

Bisexuality is almost a necessary factor in artistic production; at any rate, the tinge of masculinity within me helped me in my work. β€” KaThe Kollwitz

Natural selection is just three factors - over-production, variation, and inheritance combined to produce adaptation to changing local environments. It's not a principle or progress; it's just a principle of local adaptation. You don't make better creatures in any cosmic sense; you make creatures that are better suited to the changing climates of their local habitats. β€” Stephen Jay Gould

It is preferable to regard labour, including, of course, the personal services of the entrepreneur, and his assistants, as the sole factor of production, operating in a given environment of technique, natural resources, capital equipment and effective demand. This is why we have been able to take labour as the sole physical unit which we require in our economic system, apart from units of money and of time. β€” John Maynard Keynes

Two-factor economics makes it clear that our economic problem is not what one-factor (labor-centric) thinkers assert: an inequitable distribution of income. It is an inequitable distribution of productive power, from which an unworkable distribution of income results. β€” Louis O. Kelso

The one important distinction between the two factors of production is that in a free society, ownership of the human factor, labor, cannot be concentrated while ownership of the non-human factor, capital, can be. β€” Louis O. Kelso

Technology plows through history at an accelerating rate, shifting the burden of production off labor into the nonhuman factor because man uses his highest ingenuity to avoid servile labor. β€” Louis O. Kelso

No Keynesian has ever proposed a measure designed to make the individual more productive; for that would require institutional means for enabling him to acquire ownership of the nonhuman factor of production: capital. β€” Louis O. Kelso

The most important thing for small businesses is getting the economy back on its feet. That - the key driver of small business activity is demand for their product, and that is what we are trying to do, getting the economy back on its feet. That's far more important than other factors. β€” Peter R. Orszag

I believe the earth gets warmer, and I also believe the earth gets cooler, and I think history points out that it does that and that the idea that man through the production of CO2 which is a trace gas in the atmosphere and the manmade part of that trace gas is itself a trace gas is somehow responsible for climate change is, I think, just patently absurd when you consider all of the other factors. β€” Rick Santorum

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