Cobb-douglas Production Function

Famous quotes containing the words production and/or function:

    The problem of culture is seldom grasped correctly. The goal of a culture is not the greatest possible happiness of a people, nor is it the unhindered development of all their talents; instead, culture shows itself in the correct proportion of these developments. Its aim points beyond earthly happiness: the production of great works is the aim of culture.
    Friedrich Nietzsche (1844–1900)

    The more books we read, the clearer it becomes that the true function of a writer is to produce a masterpiece and that no other task is of any consequence.
    Cyril Connolly (1903–1974)