Quote of the Day
Increased government spending can provide a temporary stimulus to demand and output but in the longer run higher levels of government spending crowd out private investment or require higher taxes that weaken growth by reducing incentives to save, invest, innovate, and work.
Biology is now bigger than physics, as measured by the size of budgets, by the size of the workforce, or by the output of major discoveries; and biology is likely to remain the biggest part of science through the twenty-first century.
Taken as a whole, Europe's share of world output is projected to fall by almost a third in the next two decades. This is the competitiveness challenge - and much of our weakness in meeting it is self-inflicted. Complex rules restricting our labour markets are not some naturally occurring phenomenon.
So I just had to step up how I was doing it and the moment that I stepped up and the moment I focused all my energy on that is when things started to happen. So there's a direct relationship between my inspiration and my output.
Another time factor is output: proofing and printing. That is, getting your work out of the computer and onto paper and having it satisfy you. It can be time consuming and expensive.
Unless each man produces more than he receives, increases his output, there will be less for him than all the others.
A rise in the level of saving can reduce aggregate activity temporarily but only a sustained high level of saving makes it possible to have the sustained high level of business investment that contributes to the long-run growth of output.
I can't keep up with Stephen King's output.
Stressing output is the key to improving productivity, while looking to increase activity can result in just the opposite.
Artists themselves are not confined, but their output is.
After the First World War the economic problem was no longer one of production. It was the problem of finding markets to get the output of industry and agriculture dispersed and consumed.
John Boyd Orr
I go back and forth between input phases where I'm reading a lot or trying to get out and explore the world a bit and soak up inspirations and then I'll get back into output mode and write and write and write.
Our mission, as set forth by the Congress is a critical one: to preserve price stability, to foster maximum sustainable growth in output and employment, and to promote a stable and efficient financial system that serves all Americans well and fairly.
Well, the U.S., of course, is the world's largest economy. It's about a quarter of the world's output. It's also home to many of the largest financial institutions and financial markets.
The truth of the matter of is that stimulus money not only doesn't stimulate; it actually reduces output.
One of the glories and terrors of working in public is that you do see if your output means anything to anyone.
So, I think the output of our innovation is great. We have a culture of self-improvement. I know we can continue to improve. There is no issue. But at the same time, our absolute level of output is fantastic.
China has made important contribution to the world economy in terms of total economic output and trade, and the RMB has played a role in the world economic development. But making the RMB an international currency will be a fairly long process.
But clearly an economy that's growing and expanding like this one - and it certainly is doing that with high GDP output, employment numbers strong, capacity utilization strong - that's an environment in which the Fed needs to continually be alert to early signs of inflation.
John W. Snow
This has a lot to do with the unrest in Nigeria, but also with the production loss after the hurricanes in the Gulf of Mexico, the decline in Iraq since the 2003 war, and the decline in Venezuelan output since 2002.
The time I save setting up and cleaning up probably balances out by the time I spend on output.
We will also allow state companies to sell shares to their workers and will pass a law allowing citizens to start companies of their own with no limits on the number of employees or on the firm's output.
Whatever my recorded output is, it's a reflection of a general love of music.
My work schedule has changed over the years. The one constant is, when at work on a novel, I try to work seven days a week, so as not to lose touch with that world. Within that, I'm flexible on hours and output.
Donald E. Westlake
I set myself 600 words a day as a minimum output, regardless of the weather, my state of mind or if I'm sick or well. There must be 600 finished words-not almost right words.
Tax increases appear to have a very large sustained and highly significant negative impact on output.
Our estimates suggest that a tax increase of 1 percent of GDP reduces output over the next three years by nearly 3 percent. The effect is highly significant.
Everything I've always done has been for the sole purpose of increasing my lovemaking output. A lot of guys won't admit that, but I do. I just want to make love.
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