Inefficiency Quotes - page 2
Government has three primary functions. It should provide for military defense of the nation. It should enforce contracts between individuals. It should protect citizens from crimes against themselves or their property. When government-- in pursuit of good intentions tries to rearrange the economy, legislate morality, or help special interests, the cost come in inefficiency, lack of motivation, and loss of freedom. Government should be a referee, not an active player.
Milton Friedman
Statists tend to treat governmental edicts as though they were incantations, passing directly from decree to result, without the inconvenience of means; since in the real world the chief means employed by government is violence, threatened and actual, cloaking state decrees and their violent implementation in the garb of incantation disguises both the immorality and the inefficiency of statism by ignoring the messy path from decree to result.
Roderick Long
Helping people directly can be a noble thing. Forcing other people to do it with great inefficiency? Not so much. There isn't a single thing that I would petition the federal government to add to its task list, and I would ask that it stop doing the majority of the things that it is currently doing. My vote is going to the candidates that at least vector in that direction.
John D. Carmack
Launching a start-up, you need to get a lot done quickly. Every day is different. Everyone pitches in with everything. It's easy for the founding team to say, 'We're flexible. We all help out with everything!' But when it comes to making decisions - that flexibility can spell inefficiency and disaster.
Kathryn Minshew
Contemporary theories of politics tend to portray politics as a reflection of society, political phenomena as the aggregate consequences of individual behavior, action as the result of choices based on calculated self-interest, history as efficient in reaching unique and appropriate outcomes, and decision making and the allocation of resources as the central foci of political life. Some recent theoretical thought in political science, however, blends elements of these theoretical styles into an older concern with institutions. This new institutionalism emphasizes the relative autonomy of political institutions, possibilities for inefficiency in history, and the importance of symbolic action to an understanding of politics. Such ideas have a reasonable empirical basis, but they are not characterized by powerful theoretical forms. Some directions for theoretical research may, however, be identified in institutionalist conceptions of political order.
James G. March
The problem is rather that many African states lack the capacity to establish the crucial conditions for capital accumulation and, additionally, act in economically irrational ways. This nondevelopmental or even antidevelopmental thrust is manifest in the mismanagement, inefficiency, and pervasive corruption of the public sector as well as political instability and the inability to prevent widespread evasion of laws and regulations.
Richard Sandbrook
The very existence of the Nation was threatened. Threatened on all sides, from the interior and exterior.
From the interior, by the sterile conflicts of politicians who sacrificed the country and their compatriots to their own interests.
Nothing counted for them but power...and what the exercise of power could bring them. Fill their own pockets, exploit the Congo and the Congolese, this was their trademark.
Given such examples, both national and provincial administrations were mired in inertia, inefficiency, and worse yet, corruption.
At all levels, many of those in our country who held a morsel of public power allowed themselves to be corrupted, served individuals and companies who paid bribes and neglected the others...
...certain politicians, to maintain themselves in power or to regain it, did not hesitate to seek help from foreign powers...
...the social, economic and financial situation of the country is catastrophic.
Mobutu Sésé Seko
It was neither healthy nor good when public stock exchanges introduced order types and speed advantages that high-frequency traders could use to exploit everyone else. This sort of inefficiency didn't vanish the moment it was spotted and acted upon. It was like a broken slot machine in the casino that pays off every time. It would keep paying off until someone said something about it; but no one who played the slot machine had any interest in pointing out that it was broken.
Michael Lewis (author)
We have not the slightest sympathy with that socialistic idea which would try to put laziness, thriftlessness and inefficiency on a par with industry, thrift and efficiency; which would strive to break up not merely private property, but what is far more important, the home, the chief prop upon which our whole civilization stands. Such a theory, if ever adopted, would mean the ruin of the entire country - a ruin which would bear heaviest upon the weakest, upon those least able to shift for themselves.
Theodore Roosevelt
The President is merely the most important among a large number of public servants. He should be supported or opposed exactly to the degree which is warranted by his good conduct or bad conduct, his efficiency or inefficiency in rendering loyal, able, and disinterested service to the Nation as a whole. Therefore it is absolutely necessary that there should be full liberty to tell the truth about his acts, and this means that it is exactly necessary to blame him when he does wrong as to praise him when he does right. Any other attitude in an American citizen is both base and servile. To announce that there must be no criticism of the President, or that we are to stand by the President, right or wrong, is not only unpatriotic and servile, but is morally treasonable to the American public. Nothing but the truth should be spoken about him or any one else. But it is even more important to tell the truth, pleasant or unpleasant, about him than about any one else.
Theodore Roosevelt