Tino Sehgal Quotes

The history of economic growth is the history of people making more with less and shifting into new jobs that were unheard of in the previous generation.

Every great invention takes a livelihood away from 50,000 men--& within ten years creates a livelihood for half a million.

There might be new technology, but technological progress itself was nothing new - and over the years it had not destroyed jobs, but created them.

Nothing increases the number of jobs so rapidly as labor-saving machinery, because it releases wants theretofore unknown, by permitting leisure.

America's growth historically has been fueled mostly by investment, education, productivity, innovation and immigration. The one thing that doesn't seem to have anything to do with America's growth rate is a brutal work schedule.

The thing which has made Labor great & powerful is labor-saving machinery--& nothing else in the world could have done it. It has been labor's savior, benefactor; but Labor doesn't know it, & would ignorantly crucify it. But that is human & natural.

… increased industrial efficiency makes it possible to procure the means of livelihood with less labor

Technology's always taken jobs out of the system, and what you hope is that technology's going to put those jobs back in, too. That's what we call productivity.

We adapt to technological progress by raising our minimum standards of living and working to stay above this rising threshold.

The last 200 years, we've had an incredible amount of automation. We have tractors that do the work that horses and people used to do on farms. We don't dig ditches by hand anymore. We don't pound tools out of wrought iron. We don't do bookkeeping with books! But this has not, in net, reduced the amount of employment.

Technology is probably the single biggest driver of productivity gains for the developed countries. For example, I think it's much more important than free trade.

Technology is a resource-liberating force!

While China succeeded in transferring nearly 150 million people from agriculture to manufacturing, we could not do so, due to lack of skilled manpower.

In this time of budget cuts, we cannot forget that basic science is a building block for scientific innovation and economic growth in the information age.

If you want a more productive economy, you need to invest in the skills of our workforce.

We believe that if men have the talent to invent new machines that put men out of work, they have the talent to put those men back to work.

We know that, when it comes to technology and the economy, if you're not constantly moving forward, then - without a doubt - you're moving backwards.

The only way you get economic progress, real standards of living moving higher, is to have the savings of the society continuously invested in the cutting-edge technologies. And those technologies which are obsolescent get dropped out.

Long term, I have a lot of confidence in the United States. We have an excellent record in terms of innovation. We have great universities that are involved in technological change and progress. We have an entrepreneurial culture, much more than almost any other country.

Technological innovation is indeed important to economic growth and the enhancement of human possibilities.

The will to work of everyone in the country is the best guarantee of national survival.

As an economic historian, I appreciate what manufacturing has contributed to the United States. It was the engine of growth that allowed us to win two world wars and provided millions of families with a ticket to the middle class. But public policy needs to go beyond sentiment and history.

Productivity and the growth of productivity must be the first economic consideration at all times, not the last. That is the source of technological innovation, jobs, and wealth.

Jobs are critically important, but looking at economic change through the impact on jobs has always been a difficult way to think about economic progress.

If you ask an economist what's driven economic growth, it's been major advances in things that mattered - the mechanization of farming, mass manufacturing, things like that. The problem is, our society is not organized around doing that.