The differential rate system of piece-work consists briefly in offering two different rates for the same job: a high price per piece, in case the work is finished in the shortest time possible and in perfect condition, and a low price, if it takes a longer time to do the job, or if there are any imperfections in the work. (The high rate should be such that the workman can earn more per day than is usually paid in similar establishments.) This is directly the opposite of the ordinary plan of piece-work, in which the wages of the workmen are reduced when they increase their productivity.
Frederick Winslow TaylorRelated topics
case condition day different differential earn high increase job longer low pay perfect piece plan possible productivity should wages work workmanRelated quotes
My interest had been in a broad class of situations, broader than the advanced industrial market economies, including situations in third world countries, and in countries attempting to have some kind of socialist approach to their problems. I have been interested in how one can construct efficient mechanisms that have the decentralization features similar to a market but that do not necessarily resemble a market. For this purpose, I formulated the notion of an informationally-decentralized economy in which perfect competition was just a very special case...
Leonid Hurwicz
The relationship of faith and politics is not about fashioning religious beliefs into political platforms. It is, instead, the way in which faithful people go about the work of politics. If it were the former, family values could be reduced to legislation, but despite the efforts of Christian conservatives, that is not possible. Family values concern how a person, in my case a political person, values his family, his wife and his children. Is the family, especially the spouse, first on the list of priorities, or is it somewhere down the line?
John Danforth
If the economy today were operating close to capacity levels with little unemployment, or if a sudden change in our military requirements should cause a scramble for men and resources, then I would oppose tax reductions as irresponsible and inflationary; and I would not hesitate to recommend a tax increase, if that were necessary. But our resources and manpower are not being fully utilized; the general level of prices has been remarkably stable; and increased competition, both at home and abroad, along with increased productivity will help keep both prices and wages within appropriate limits.
John F. Kennedy
They [Richter always works on a number of his abstract paintings at the same time] feed off one another.. .At the beginning, I feel totally free, and it's fun, like being a child. The paintings can look good for a day or an hour. Over time, they change. In the end, you become like a chess player. It takes me longer than some people to recognize their quality, their situation - to realize when they are finished. Finally, one day I enter the room and say, 'Checkmate.' Then sometimes I need a break, a quiet job, like a landscape. But I always need to paint abstracts again. I need that pleasure.
Gerhard Richter
We don't believe it's possible to protect digital content ... What's new is this amazingly efficient distribution system for stolen property called the Internet - and no one's gonna shut down the Internet. And it only takes one stolen copy to be on the Internet. And the way we expressed it to them is: Pick one lock - open every door. It only takes one person to pick a lock. Worst case: Somebody just takes the analog outputs of their CD player and rerecords it - puts it on the Internet. You'll never stop that. So what you have to do is compete with it.
Steve Jobs