Henry Ford Quotes

An increase in the productivity of labour means nothing more than that the same capital creates the same value with less labour, or that less labour creates the same product with more capital.

Obviously, the highest type of efficiency is that which can utilize existing material to the best advantage.

Waste neither time nor money, but make the best use of both.

As an economy measures performance in terms of the creation of money, people become a major source of inefficiency.

One likes at the point of production to realize the maximum value, and diamond producers are no different.

It is rather a problem of how to secure the best use of resources known to any of the members of society, for ends whose relative importance only those individuals know.

There can be economy only where there is efficiency.

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

The things that we're going to be able to do are going to take many, many years to achieve our end goal, which is to really lower costs in the industry by working with our interests better aligned with the teams, that's number one, which will affect their values going forward.

Think how modern economics presents work. Only labour that contributes to growth counts.

If you spend your time, worth $20-25 per hour, doing something that someone else will do for $10 per hour, it's simply a poor use of resources.

In the last analysis, productivity of labour is the most important, the principal thing for the victory of the new social system.

Now one person doing the job of one and a half. So as an employer I can get two people to do the work of three, and think about what that does for profits.

The annual produce of the land and labour of any nation can be increased in its value by no other means, but by increasing either the number of its productive labourers, or the productive powers of those labourers who had before been employed.

We can't run out of resources. Resources exist when the human mind sees how to use something.

The most fertile soil does not necessarily produce the most abundant harvest. It is the use we make of our faculties which renders them valuable.

The enterprise, by definition, must be capable of producing more or better than all the resources that comprise it.

This is not a dictatorship, this is based upon scientific evidence to support a given project. If you want to put up a building, say half a mile high, the material has to be available. Using statistics is not a dictatorship. It's a method of getting the most from existing resources.

When a tree, a natural product, is felled, is society put into possession of no greater produce than that of the mere labour of the woodman?

It is much easier to put existing resources to better use, than to develop resources where they do not exist.

The circulation of capital realizes value , while living labour creates value .

We must obviously be much more clever in using resources, regulate with tax and promote innovations.

Competition on the market aims at assigning to every individual that function in the social system in which he can render to all his fellow men the most valuable of the services he is able to perform.

Foul cankering rust the hidden treasure frets, but gold that's put to use more gold begets.

Thus the labour of a manufacture adds, generally, to the value of the materials which he works upon, that of his own maintenance, and of his masters profits. The labour of a menial servant, on the contrary, adds to the value of nothing.