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Since political change involves some alteration in the balance of social forces, it behooves those who advocate and those who oppose social change to maximize acceptance and minimize opposition in order to take advantage of the gains and cut down the losses incident to all change. For present purposes we wish to make seven notes about means and ends.
Hence loss of time on the part of the workman, and diminished work on the part of the tool, results which, considering the wages of the one and the capital expended on the construction of the other, are of no small importance; for the prime objects of all improvement of tools are, economy of time and economy of capital to minimize labour and cost, and maximize result.
When a farmer grows for money, they want to produce the largest number of bushels, crates, tons, bales per acre. Their criteria for success is primarily unit volume. Many gardeners think the same way. However, nature is ironic in this respect. The most nutritious food is always lower yielding. The very soil management practices that maximize production simultaneously reduce nutrition.
We shall continue to attract foreign tourists and investments to our shores, to seek increased military purchases here by our allies, to maximize foreign aid procurement from American firms, to urge increased aid from other fortunate nations to the less fortunate, to seek tax laws which do not favor investment in other industrialized nations or tax havens, and to urge coordination of allied fiscal and monetary policies so as to discourage large and disturbing capital movements.
However, the players don't know or do not fully believe that they are in the process of maximizing the company's worth. On the contrary, consciously, the managers say: "let's maximize the benefits that we derive from this company, as long as we are still here." The entrepreneurs-owners say: "we cannot tolerate this stifling bureaucracy any longer.
In our time this is unlikely unless a person knowingly and intelligently produces virtually all their own food on a highly fertile soil body whose fertility is maintained and adjusted with a conscious intent to maximize the nutritive content of the food.
If you can't eat quite that simply, then proper food combining rules should be followed to minimize digestive difficulty, maximize the adsorption of nutrients from your food, and reduce or eliminate the formation of toxemia, and of course foul gas.
Market participants go about their egoistic business, trying to maximize their utility, oblivious of the interests and action of all, bar those they interact with directly. Somehow, out of the chaos and clamor, a structure emerges of order and efficiency unmatched. Man is incapable of intentionally producing better outcomes.
Complex production operations are so reconfigured as to integrate and maximize the economies available from the contributions of a range of specializing participants, without regard to their national locations.
We shall continue to attract foreign tourists and investments to our shores, to seek increased military purchases here by our allies, to maximize foreign aid procurement from American firms, to urge increased aid from other fortunate nations to the less fortunate, to seek tax laws which do not favor investment in other industrialized nations or tax havens, and to urge coordination of allied fiscal and monetary policies so as to discourage large and disturbing capital movements.