“The beacons of productivity and innovation must. . .”

“The beacons of productivity and innovation must be our guideposts. If we achieve profits at the cost of downgrading productivity or not innovating, they aren’t profits. We’re destroying capital.

On the other hand, if we continue to improve productivity of all key resources and improve our innovative standing, we are going to be profitable. Not only today, but tomorrow. In looking at knowledge applied to human work as the source of wealth, we also see the function of the economic organization.

For the first time we have an approach that makes economics a human discipline and related it to human value, a theory that gives a businessperson a yardstick to measure whether she’s still moving in the right direction and whether her results are real or delusions.”

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“The beacons of productivity and innovation must. . .”

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