The merits of nationalization do not stand or fall with the efficiency or inefficiency of existing state departments as administrators of industry.
There are only two qualities in the world: efficiency and inefficiency, and only two sorts of people: the efficient and the inefficient.George Bernard Shaw
We trained hard, but it seemed that every time we were beginning to form up into teams we would be reorganized. Presumably the plans for our employment were being changed. I was to learn later in life that, perhaps because we are so good at organizing, we tend as a nation to meet any new situation by reorganizing; and a wonderful method it can be for creating the illusion of progress while producing confusion, inefficiency and demoralization.charlton ogburn
As a result, I suppose, of high-level changes of mind about how we were to be used, we went though several reorganizations. Perhaps because Americans as a nation have a gift for organizinf, we tend to meet any new situation by reorganization, and a wonderful method it is for creating the illusion of progress at the mere cost of confusion, inefficiency and demoralization.The Maurauders (1959)
All the alleged key causes of SOE [State-Owned Enterprise] inefficiency the principal-agent problem, the free-rider problem and the soft budget constraint are, while real, not unique to state-owned enterprises. Large private-sector firms with dispersed ownership also suffer from the principal-agent problem and the free-rider problem. So, in these two areas, forms of ownership do matter, but the critical divide is not between state and private ownership it is between concentrated and dispersed ownerships.ha-joon chang
The problem is rather that many African states lack the capacity to establish the crucial conditions for capital accumulation and, additionally, act in economically irrational ways. This nondevelopmental or even antidevelopmental thrust is manifest in the mismanagement, inefficiency, and pervasive corruption of the public sector as well as political instability and the inability to prevent widespread evasion of laws and regulations.richard sandbrook
I believe that one ought to have only as much market efficiency as one needs, because everything that we value in human life is within the realm of inefficiency love, family, attachment, community, culture, old habits, comfortable old shoes.
The task of keeping up with scientific literature is becoming an impossible one and is in turn leading to inefficiency and to a certain amount of frustration in scientific research and in the application of science.
We trained hard . . . but it seemed that every time we were beginning to form up into teams we would be reorganized. I was to learn later in life that we tend to meet any new situation by reorganizing; and a wonderful method it can be for creating the illusion of progress while producing confusion, inefficiency, and demoralization.
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