The Origins of Efficiency

Books

A step-by-step examination of how production processes--from penicillin and automobiles to steel and semiconductors--get more efficient over time, and why it matters for unlocking a new era of abundance. Efficiency is the engine that powers human civilization. It's the reason rates of famine have fallen precipitously, literacy has risen, and humans are living longer, healthier lives compared to preindustrial times. But where do improvements in production efficiency come from? In The Origins of Efficiency, Brian Potter argues that improving production efficiency--finding ways to produce goods and services in less time, with less labor, using fewer resources--is the force behind some of the biggest and most consequential changes in human history. With unprecedented depth and detail, Potter examines the fundamental characteristics of a production process and how it can be made less time- and resource-intensive, and therefore less expensive. The book is punctuated with examples of production efficiency in ...