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The economy has become seriously unbalanced. Its growth has not been driven by investment or by overcoming Britain's long-standing weaknesses in investment and productivity, particularly skills. Instead, there has been a binge of debt-financed consumer spending.
The decree of a coercive tribunal would not need to conform to the true standard of wages, the final productivity of social labor. It would introduce into distribution a genuinely arbitrary element, with a very large ultimate power to pervert the natural system.
Everybody is constantly putting themselves under a microscope in terms of their productivity and their financial success and this whole idea of 'Picture Me Better,' like picture me, you know, who I'm supposed to be versus, you know, just accepting who we all are.
The advantages of globalization are actually much like the advantages of technological improvement. They have very similar effects: they raise output in countries, raise productivity, create more jobs, raise wages, and lower prices of products in the world economy.
Again and again, universities have put a low priority on the very programs and initiatives that are needed most to increase productivity and competitiveness, improve the quality of government, and overcome the problems of illiteracy, miseducation, and unemployment.
Being lazy does not mean that you do not create. In fact, lying around doing nothing is an important, nay crucial, part of the creative process. It is meaningless bustle that actually gets in the way of productivity. All we are really saying is, give peace a chance.
You are one-third as productive in open-plan offices as in quiet rooms. I have a tip for you: if you work in spaces like that, carry headphones with you, with a soothing sound like birdsong. Put them on, and your productivity goes back up to triple what it would be.
Don't worry about breaks every 20 minutes ruining your focus on a task. Contrary to what I might have guessed, taking regular breaks from mental tasks actually improves your creativity and productivity. Skipping breaks, on the other hand, leads to stress and fatigue.
American workers have faced serious difficulties in the labor market since the first oil shock in 1973. Since that time, the pace of productivity advance has slowed for reasons which are still not understood, lowering the rate at which living standards have advanced.
Digital companies can reach new customers immediately and at virtually zero marginal cost. They can compete in new sectors by collaborating with peers and competitors. They can massively improve quality and productivity by converging technologies and sources of data.
Most people fill their schedules with work, and leisure only happens when there's time left over. But it's impossible to live a rich and full life without doing things that give you joy. Forget about productivity once in a while and give yourself permission to goof off.
Properly targeted public investment can do much to boost economic performance, generating aggregate demand quickly, fueling productivity growth by improving human capital, encouraging technological innovation, and spurring private-sector investment by increasing returns.
It is common to speak of the economic opportunities tackling climate change represents, and there is a lot of truth to this: rapid decarbonisation offers a profound economic opportunity to revive our productivity and reshape our economy as part of a green jobs revolution.
When you care about people's happiness and productivity, you give them what brings out the best in them and their creativity. And if you give them a choice, they'll say, 'I want an iPhone,' or 'I want a Mac.' We think we can win a lot of corporate decisions at that level.
Every time a woman leaves the workforce because she can't find or afford childcare, or she can't work out a flexible arrangement with her boss, or she has no paid maternity leave, her family's income falls down a notch. Simultaneously, national productivity numbers decline.
Ironically, while many of us spend hours every day using small mobile devices to increase our productivity and efficiency, interacting with these objects, even for short periods of time, might do just the opposite, reducing our assertiveness and undermining our productivity.
Human activity is having a major impact on the planet. We consume or have diverted a large proportion of the productivity of the land and oceans. Our hunger for land crowds out fellow species. Our waste products pollute the waters, warm the atmosphere and acidify the oceans.
The ability to immediately deduct the costs of capital investments will help employers improve worker productivity and output - which grows Main Street jobs. And with these savings, businesses across the country will have more freedom to grow, hire new workers, and increase wages.
In the private sector, there is always innovation. There's always change. There's always improving productivity, and if you're not leading that, you'll be passed and ultimately go out of business. So there's an urgency to constantly update and renew and to rethink your enterprise.
When you think of technological revolution, you probably think of geeks in cool coastal spaces like the Google campus, or perhaps of math wizards on Wall Street. But one source of rural prosperity is the adoption of radical new technologies - and a consequent surge in productivity.
The main cause of Europe's deep fall - the losses of inclusion, job satisfaction and wage growth - is the devastating slowdown of productivity that began in the late 1990s and struck large swaths of the continent. It holds down the growth of wages rates, and it depresses employment.
God put the human race in charge of managing the resources of the entire planet for the benefit of all life. Therefore, we, of all people on this planet, should be concerned about environmental issues and doing what we can to enhance the beauty and productivity of the natural realm.
The siesta provides a delightful detour from the working day and it also has a practical value as far as productivity is concerned. Winston Churchill had a good long siesta every day during the Second World War, and he said it was the thing that enabled him to cope with the pressure.
When ministers in this government talk about investing in education and skills, about making the planning system work; about employment law reform and delivering transport and power generation and broadband communication infrastructure, we are talking about raising Britain's productivity.
Trade deficits are OK under certain circumstance. 1. An emerging nation imports capital goods necessary to enhance its productivity. 2. A developed nation, with a current account surplus, uses some of its investment income to finance the purchases of additional consumer goods from abroad.
No, I'm not very productive at all. I'm probably like an animal. I mean, great animals in the ocean feed all the time. I'm someone who procrastinates, worries, for most of a month, and then I'll have a flurry of manic productivity with a sense of great urgency and fear for, like, two days.
Women with minimal access to resources and no access to child care have limited choices that too often mean low-wage and part-time labor. In rural communities in the developing world, when women farmers have unequal access to fertilizers or training, their farm productivity lags behind men.
I had the option of building a career in the U.S. Many of my friends who went at the time did not come back, but for me, building the family business and being with family was worth it. I became a general manager within four months, as I used my education to improve productivity and output.
New technologies, innovative management, higher productivity, displacements in the labour market, increased migration - these are all provoking major economic, social, and political shifts. These shifts need to be better understood if we are to address them in a positive and effective manner.
Folks, you're the reason that the automobile industry is back. Whether it was the wage freezes, the plant closures, folks, you sacrificed to keep your companies open. Because of your productivity, the combined auto companies have committed to invest another $23 billion in expansion in America.
Scholars are deeply gratified when their ideas catch on. And they are even more gratified when their ideas make a difference - improving motivation, innovation, or productivity, for example. But popularity has a price: people sometimes distort ideas and, therefore, fail to reap their benefits.
What you quickly realize once you commit to getting more sleep is it can increase your productivity, it can improve your mood. And that doesn't just help you at work, but it helps you be the kind of person you want to be with your family and your friends and that's ultimately what matters most.
What drives the attractiveness of a trans-shipment hub are really three things. Location, location, location is very helpful. But so is productivity - a stable labor force and getting ships in and out as quickly as possible. And then, getting costs as low as possible will drive carrier behavior.
I will talk about two sets of things. One is how productivity and collaboration are reinventing the nature of work, and how this will be very important for the global economy. And two, data. In other words, the profound impact of digital technology that stems from data and the data feedback loop.
The entire idea of building a series of systems in a business is simply this - to create the tools that allow you, as a business owner, to increase productivity and get the job done. The idea behind these systems, of course, is to quit needing your judgement or input in every area of the business.
What an economy really wants, after all, is not more investment per se but better investment. It wants capital to flow to companies that will create value - not in the form of a rising stock price but in the form of more goods for less cost, more jobs, and rising wages - by enhancing productivity.
There is no doubt that the participation of women in the workforce is a serious productivity boost, but to enable this ambition, there must be investment in care - child care, aged care, disability care, health, and education - which are essential social support structures to enable women to work.
Many business leaders still believe that time on-task equates to productivity. Even in the industrial era of rote factory work, this was untrue. It is a misguided fallacy, and an expensive one, too. Every key facet required for business success will fail when sleep becomes short within an organisation.
Industrial jobs are disappearing, and they will continue to disappear owing to productivity gains from automation. Thus, social models that were created to fit industrial and early service economies will no longer be viable. As the industrial workforce shrinks, the social model founded on it will go, too.
America faces a mounting transportation crisis, and the primary culprit is road congestion. Traffic makes us unhealthy, wastes enormous amounts of time, and cripples national productivity. America needs expanded roads and transportation infrastructure, but traditional gas tax funding is no longer available.
It's far too much to say that effective hoping is the only - or even the biggest - part of what it takes to succeed. If 14% of business productivity can be attributed to hope, that means 86% is dependent on raw talent, fickle business cycles, the quality of the product you're selling, and often pure, dumb luck.
Some people think it's a law that when productivity goes up, everybody benefits. There is no economic law that says technological progress has to benefit everybody or even most people. It's possible that productivity can go up and the economic pie gets bigger, but the majority of people don't share in that gain.
My advice would be, as you consider fiscal policies, to keep in mind and look carefully at the impact those policies are likely to have on the economy's productive capacity, on productivity growth, and to the maximum extent possible, choose policies that would improve that long-run growth and productivity outlook.
The reality is that business and investment spending are the true leading indicators of the economy and the stock market. If you want to know where the stock market is headed, forget about consumer spending and retail sales figures. Look to business spending, price inflation, interest rates, and productivity gains.
The concept of productivity in America is income divided by labor. So if you're Goldman Sachs and you pay yourself $20 million a year in salary and bonuses, you're considered to have added $20 million to GDP, and that's enormously productive. So we're talking in a tautology. We're talking with circular reasoning here.
We undertook a huge internal transformation to sharpen our customer focus, step up innovation, improve productivity to ensure competitiveness, change our culture, and simplify our ways of working so that our size and scale became a competitive advantage rather than a bureaucratic hangover after years of diversification.
In America, you keep on hearing productivity is low; secular stagnation, it's a new normal. It's just not true: We've had multiple wars; we're not educating our kids. We had government shut downs, badly-spent money, failures in the health system, failures and an extreme amount of regulation - that's why we're going slow.
Productivity - the amount of output delivered per hour of work in the economy - is often viewed as the engine of progress in modern capitalist economies. Output is everything. Time is money. The quest for increased productivity occupies reams of academic literature and haunts the waking hours of C.E.O.s and finance ministers.
Productivity is a relative matter. And it's really insignificant: What is ultimately important is a writer's strongest books. It may be the case that we all must write many books in order to achieve a few lasting ones - just as a young writer or poet might have to write hundreds of poems before writing his first significant one.
In the late 1990s, Mugabe's misguided policies sent our economy and agricultural productivity, our country's lifeblood, plummeting into the abyss. To make up for the financial shortfall, his regime attempted to print its way out of the mess, immediately resulting in inconceivable hyperinflation, topping out at 231 million percent.