Though we have achieved considerable success in our policy of increasing production and maintaining full employment, this has been accompanied by constant pressure for higher wages resulting in higher prices. We have not yet found out how we can maintain full employment in combination with stable or decreasing costs and prices.
Stafford CrippsRelated topics
constant found full increasing maintaining production stable success wages yet higher costsRelated quotes
There is one expanding horror in American life. It is that our long odyssey toward liberty, democracy and freedom-for-all may be achieved in such a way that utopia remains forever closed, and we live in freedom and hell, debased of style, not individual from one another, void of courage, our fear rationalized away.
Norman Mailer
Where does a story truly begin? In life, there are seldom clear-cut beginnings, those moments when we can, in looking back, say that everything started. Yet there are moments when fate intersects with our daily lives, setting in motion a sequence of events whose outcome we could never have foreseen.
Nicholas Sparks
The study of mathematics is apt to commence in disappointment.... We are told that by its aid the stars are weighed and the billions of molecules in a drop of water are counted. Yet, like the ghost of Hamlet's father, this greatest science eludes the efforts of our mental weapons to grasp it.
Alfred North Whitehead
Unfortunately, we do not realize that when we do our work in a hurry, we become nervous. And when work is done nervously, it is not sanctified. Our goal should not be to do many things and be in constant anxiety. This is a demonic condition. What is done with calmness and prayer is blessed, and it also blesses the people who use it.
Paisios of Mount Athos
Competitiveness is defined as the ability of companies to compete while maintaining or improving the average standard of living. If you are cutting wages to become more competitive, that's not really more competitive. It's raising the skill and the efficiency of those workers so that they can support and sustain that higher wage.
Michael E. Porter