Industrial Progress and Human Economics

Chapter 19: Good Results with Moderate Effort.

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About This Book

A practical outline for advancing industry by prioritizing human welfare, presenting policies and methods for creating and managing productive enterprises. It argues for higher value per unit of labor through improved tools, specialization, efficient organization, and cooperative management, offering guidance for investors, managers, and workers to assess prospects and reduce investment risk. Emphasizing unified public purpose after wartime disruption, it promotes steady policy, team work, and personal development as keys to state and individual economic progress, and is framed as both a textbook and a reference for those involved in industrial development.

Good Results with Moderate Effort.

A faster pace will not be advocated, for the present gait is overstrenuous. We hope, however, to point out a way by which good results may be obtained with, moderate effort.

If, in the past, the brain has been found wanting, we should not lose confidence in its reliability until we have seen how it has been managed.

Under some conditions its interpretations are absolutely correct; in fact, under all conditions that would be called fair in testing other kinds of mechanism.

Unfortunately, these conditions have not always existed. Opinions regarding important matters have been formed when accurate mentation has been impossible.