When a resource is scarce, you increase its yield.

The fewer data needed, the better the information. And an overload of information, that is, anything much beyond what is truly needed, leads to information blackout. It does not enrich, but impoverishes.

Most of what we call management consists of making it difficult for people to get their work done.

Increasingly, politics is not about "who gets what, when, how" but about values, each of them considered to be absolute. Politics is about "the right to life"...It is about the environment. It is about gaining equality for groups alleged to be oppressed...None of these issues is economic. All are fundamentally moral.

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.

If a government commission had worked on the horse, you would have the first horse that could operate its knee joint in both directions. The trouble is it couldn't have stood up.

We can say with certainty - or 90% probability - that the new industries that are about to be born will have nothing to do with information.