“There can be no economy where there is no efficiency.”

Interview with Recode: "Oracle co-CEO Mark Hurd on Recode Decode" https://www.recode.net/2017/7/5/15917638/transcript-oracle-co-ceo-mark-hurd-onstage-cloud-computing-saas-on-recode-decode (05 July 2017)

2009, Cartias in Vertitate (29 June 2009)

Source: Institutions (1990), p. 81; Ch. 9 : Organizations, learning, and institutional change

Economics in One Lesson (1946), The Curse of Machinery (ch. 7)

Source: The Economic Illusion (1984), Chapter 5, Taxes, p. 188

Remarks to the National Restaurant Association, in Chicago, Illinois (28 May 1978)
1970s

On energy supply and solar power

In Defense of Global Capitalism
Context: Basically, what I believe in is neither capitalism nor globalization... I believe in man's capacity for achieving great things and in the combined force resulting from encounters and exchanges. I plead for greater liberty and a more open world... because it provides a setting which liberates individuals and their creativity as no other system can. It spurs the dynamism which has led to human, economic, scientific, and technical advances, and which will continue to do so. Believing in capitalism does not mean believing in growth, the economy, or efficiency. Desirable as these may be, these are only the results. Belief in capitalism is, fundamentally, belief in mankind.

Source: The Montessori Method (1912), Ch. 5 : Discipline, p. 100.
Context: Let us picture to ourselves a clever and proficient workman, capable, not only of producing much and perfect work, but of giving advice in his workshop, because of his ability to control and direct the general activity of the environment in which he works. The man who is thus master of his environment will be able to smile before the anger of others, showing that great mastery of himself which comes from consciousness of his ability to do things. We should not, however, be in the least surprised to know that in his home this capable workman scolded his wife if the soup was not to his taste, or not ready at the appointed time. In his home, he is no longer the capable workman; the skilled workman here is the wife, who serves him and prepares his food for him. He is a serene and pleasant man where he is powerful through being efficient, but is domineering where he is served. Perhaps if he should learn how to prepare his soup he might become a perfect man! The man who, through his own efforts, is able to perform all the actions necessary for his comfort and development in life, conquers himself, and in doing so multiplies his abilities and perfects himself as an individual.
We must make of the future generation, powerful men, and by that we mean men who are independent and free.