Norman R. Augustine Quotes
It is very expensive to achieve high unreliability. It is not uncommon to increase the cost of an item by a factor of ten for each factor of ten degradation accomplished.
Augustine, Norman R. Augustine's Laws. Viking, 1986.
Prior to Baxter the issues in prosecuting an anti-trust case were whether or not the company met the size or market share criterion for application of the anti-trust law and whether the company had committed any of the prohibited acts. Baxter added another hurdle. Namely, that the prosecution must make economic sense for the company, the consumer and/or the nation. Many illegal, immoral and unfair antitrust practices were not prosecuted if there was no economic benefit to doing so. Critics of the new policy argued that nowhere in the language of the anti-trust legislation that prosecution should not take place in the absence of demonstrable economic benefit.
Norman (Norm) Ralph Augustine is a U.S. aerospace businessman who served as United States Under Secretary of the Army from 1975 to 1977. Augustine served as chairman and CEO of the Lockheed Martin Corporation. He was chairman of the Review of United States Human Space Flight Plans Committee.