Allocation Quotes 

The necessity for power is obvious, because life cannot be lived without order; but the allocation of power is arbitrary because all men are alike, or very nearly. Yet power must not seem to be arbitrarily allocated, because it will not then be recognized as power. Therefore prestige, which is illusion, is of the very essence of power.
Simone Weil
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More Allocation Quotes 

The Obama administration's agenda of maximizing dependency involves political favoritism cloaked in the raiment of "economic planning" and "social justice" that somehow produce results superior to what markets produce when freedom allows merit to manifest itself, and incompetence to fail. The administration's central activity – the political allocation of wealth and opportunity – is not merely susceptible to corruption, it is corruption.”

George Will

— Column, May 14, 2009, "Tincture of Lawlessness" at realclearpolitics.com.

Tags: Obama, administration's, agenda, maximizing, dependency, political, favoritism, cloaked, raiment

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The purposes of functional charts is 1. to get an overall picture of the existing organizational structure 2. discover organizational weaknesses such as: a. confused lines of authority and responsibility b. duplication of functions c. inefficient allocation of personnel d. too extended a span of control e. lack of intermediate supervisory levels 3. discover organizational strengths which may be used in setting standards of good structure 4. provide a basis for planning 5. provide a basis for reorganization


— William Bouck Cornell (1928) Industrial organization and management. p. 120 ; Cited in: John J. Unterkofler (1954; p. 17)

Tags: purposes, functional, charts, overall, picture, existing, organizational, structure, discover

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Just in terms of allocation of time resources, religion is not very efficient. There's a lot more I could be doing on a Sunday morning.

bill gates

— TIME magazine Vol. 149, No. 2 (13 January 1997)

Tags: terms, time, religion, efficient, more, doing, Sunday, morning

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She still believes in classical economics, the allocation of resources under conditions of scarcity. Information doesn’t work that way.

charles stross

— Chapter 2 (“Troubadour”), p. 72

Tags: believes, classical, economics, under, conditions, scarcity, Information, work

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Have I ever remarked on how completely ridiculous it is to ask high school students to decide what they want to do with the rest of their lives and give them nearly no support in doing so? Support like, say, spending a day apiece watching twenty different jobs and then another week at their top three choices, with salary charts and projections and probabilities of graduating that subject given their test scores? The more so considering this is a central allocation question for the entire economy?

eliezer yudkowsky

— A comment on Memetic Hazards in Videogames (September 2010)

Tags: remarked, ridiculous, ask, high, school, students, decide, what, want

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In other words, since you cannot successfully time the market or select individual stocks, asset allocation should be the major focus of your investment strategy, because it is the only factor affecting your investment risk that you can control.


— Chapter 4, The Perfect Portfolio, p. 108

Tags: other, words, you, successfully, time, market, select, individual, stocks

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