The Foundation Of Economic Development Is The

In Manufacturing, Where Mechanization And The Use Of Chemical Processes Are Much Easier, It Is Easier To Raise Productivity Than In Services. In Contrast, By Their Very Nature, Many Service Activities Are Inherently Impervious To Productivity Increase Without Diluting The Quality Of The Product.

The Days Are Over When Technology Can Be Advanced In Laboratories By Individual Scientists Alone. Now You Need An Army Of Lawyers To Negotiate The Hazardous Terrain Of Interlocking Patents. Unless We Find A Solution To The Problem Of Interlocking Patents, The Patent System May Actually Impede The Very Innovation It Was Designed To Encourage.

To Paraphrase Winston Churchill, Capitalism Is The Worst Economic System Except For All The Other Forms.

It's Not Just About The Current Economic Environment. History Shows That Slashing Budgets Always Leads To Recession.

Equality Of Opportunity Is Meaningless For Those Who Do Not Have The Capabilities To Take Advantage Of It.