Posts Tagged ‘productivity’

  • arrow...16197_8.8_000011872893XSmall

    Manufacturing and the Market System

    May 30, 12 • 285 Views • No Comments

    Adam Smith might look at recent increases in manufacturing and say, “The market works.” Here are some stories. One furniture manufacturer decided it could make consumers happier by moving back from China. Yes, it would mean paying a sander $10 an...  [read more]

  • twins...back to back figures16582_6.30_000005521931XSmall

    Steel Twins

    May 23, 12 • 368 Views • No Comments

    What happens when a parent of twins makes them compete? And what if the better twin is told that he has to remain ahead of his slower sibling? For twin steel factories, one in Burns Harbor, Indiana and the other in Gent, Belgium, the result is more...  [read more]

  • 16607_9.10_000005262499XSmall-1

    What’s Cheap? What’s Expensive?

    Sep 10, 11 • 270 Views • 5 Comments

    Starting with, “…eating and clothing ourselves is getting easier all the time,” an Atlantic article discusses “cheap” and “expensive.” Relatively cheap: computers media toasters, washing machines, other manufactured...  [read more]

  • 16574_12.5_000003349474XSmall

    Time Matters

    Aug 25, 11 • 315 Views • 1 Comment

    Faster people tend to live in wealthier nations. According to psychologist Robert Levine, cultures with faster walkers probably have more people, a cooler climate, a “vital economy” and they value individualism. Measuring “tempo” in 31...  [read more]

  • 16570_3.15a_000002547262XSmall

    Speedy Airplane Boarding

    Aug 23, 11 • 391 Views • 1 Comment

    Closely connected to an airline’s bottom line, speedy boarding means more efficiency. Here you can see the following alternative boarding strategies in action. Front to back: Least popular. Early boarders block those who follow them. Back to Front Very...  [read more]