Joe Lonsdale Quotes

What an economy really wants, after all, is not more investment per se but better investment. It wants capital to flow to companies that will create value - not in the form of a rising stock price but in the form of more goods for less cost, more jobs, and rising wages - by enhancing productivity.

We're reviewing everything to see how we can do it better, faster, and more efficiently.

Productivity - the amount of output delivered per hour of work in the economy - is often viewed as the engine of progress in modern capitalist economies. Output is everything. Time is money. The quest for increased productivity occupies reams of academic literature and haunts the waking hours of C.E.O.s and finance ministers.

I got to get the right people in the right job. Because a lot of costs can be taken out in the context of your administration without the legislature. For example, using technology to do more with less. Using technology to fight fraud. Reorganizing and streamlining can be done within the context of the administration.

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

If productivity grows, the economy does well.

The question is not whether we wish to see everybody as well off as possible. Among men of good will such an aim can be taken for granted. The real question concerns the proper means of achieving it. And in trying to answer this we must never lose sight of a few elementary truisms. We cannot distribute more wealth than is created. We cannot in the long run pay labor as a whole more than it produces.

We believe that business is good because it creates value. It is ethical because it is based on voluntary exchange; it is noble because it can elevate our existence, and it is heroic because it lifts people out of poverty and creates prosperity.

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.

The most efficient way to produce anything is to bring together under one management as many as possible of the activities needed to turn out the product.

The most efficient labor-saving device is still money.

The time I save setting up and cleaning up probably balances out by the time I spend on output.

The man who comes up with a means for doing or producing almost anything better, faster or more economically has his future and his fortune at his fingertips.

By increasing productivity and becoming more competitive, we will be able to offer better opportunities and improve the standard of living for all Mexicans.

Stressing output is the key to improving productivity, while looking to increase activity can result in just the opposite.

The more you eliminate the inefficient use of information, the better it is for productivity.

Individual income can grow only as fast as productivity rises.

There can be economy only where there is efficiency.

One of the ways I think you make more money is by creating more efficiency.

Wealth is only ever actually created from the bottom-up, with free people employing their distinctly human creativity and finding ways to serve and employ others.

I believe there are a lot of inefficiencies in the way technical innovation happens.

Productivity growth is the only possible way to achieve prosperity.

The essence of wealth is the capacity to control the forces of nature, and the extent of wealth depends upon the level of technology and the ability to create new knowledge.

We cannot distribute more wealth than is created. We cannot in the long run pay labor as a whole more than it produces.

Prosperity's right hand is industry and her left hand is frugality.