He encouraged farmers to plant five acres of wheat to supply flour to the local hotel, but he and some friends soon realized that the best value-added idea for the wheat was in a bottle of spirits.
And this reform will charge insurance companies a fee for their most expensive policies, which will encourage them to provide greater value for the money -- an idea which has the support of Democratic and Republican experts.
For starters, the idea that value creation is a one-way street from the top to the bottom is not just offensive, but it ignores the principle of comparative advantage, a key breakthrough in market theory.
"The future of France in the family of great nations depends on our capacity for initiative - a value totally at variance with an enarque culture based on zero risk and suspicious of any idea of competition or power-sharing, " they said.
But the world's Friedmanites have waged a relentless guerrilla war against the idea, denouncing it as a farrago of value-destroying nonsense.
Well, Sir Mervyn King will be relieved to hear that Wadhwani does not like the idea of targeting nominal GDP - the cash value of the economy - instead of inflation.
Many products and services are created along supply chains that travel from idea conception to final consumption and that include value-added activities of varying degrees of labor-, physical capital-, and intellectual capital-intensity.
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Again the idea was to break up Brierley to extract value from its vast under-performing assets.
It is indeed an irony that, in the area of tropical disease, the wicked drug firms have discovered the value of not-for-profit business at precisely the point when governments are contemplating the idea that the best way forward is the use of incentives more attuned to red-in-tooth-and-claw capitalism.
The idea that virginity has a high value harkens back to the days of early humans -- if a man has sex with a virgin woman, he knows for sure that her children will be his, anthropologists reason.
Our team emphasizes internal idea generation, in-depth bottom-up research and independent analysis of each value stock monitored or owned by our clients.
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The idea was that while gas prices were low, the cash flow from the higher-value liquids would be enough to keep Chesapeake solvent.
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The idea is to get presence and scale, and pick up a lot of lesser-value sales, somewhat the way Google makes billions based on very small transactions.
Senate leaders fear that path is a recipe for a slow death for the idea of comprehensive change, allowing for interest groups to cherry-pick the changes of most value to them while leaving other pieces behind.
We can bristle at the idea of chains and mass production, with their homogeneity, predictability, and constant genuflection to the value-for-money god.
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