Consumer Quote by Piyush Goyal

Markets have built in inefficiencies, serious inefficiencies which are well known.

— Noam Chomsky

Automation applied to an inefficient operation will magnify the inefficiency.

— Bill Gates

Modern industry seems to be inefficient to a degree that surpasses one's enduring powers of imagination. Its inefficiency therefore remains unnoticed.

— E. F. Schumacher

When people don’t pay the true cost of something, they tend to consume it inefficiently.

— Anonymous

“Markets weed out inefficient practices, but only when no one has sufficient power to manipulate them.”

— Ha-Joon Chang

The beauty of service-type businesses is that if they're well run, you have huge excess cash flow.

— Warren Hellman

Our biggest cost is not power, or servers, or people. It's lack of utilization. It dominates all other costs.

— Jeff Bezos

Many of us economists who believe in efficiency do so because we view markets as amazingly successful devices for reflecting new information rapidly and,…

— Burton Malkiel

“Pay-for-performance will only raise costs if providers get higher pay for process compliance but do not have to compete on results.”

— Michael E. Porter

You have to understand as a marketer that consumers are functioning in the age of efficiency.

— Mitch Joel

I have noticed that everyone who has ever tried to tell me that markets are efficient is poor.

— Larry Hite

Although it's difficult, if not impossible, to put a dollar value on the numerous services nature provides, leaving them out of economic calculations means…

— David Suzuki