Wassily Kandinsky Several Circles paintingWassily Kandinsky Yellow Red Blue paintingWassily Kandinsky Composition VIII painting
Sometimes simple stories have deep lessons. “Goldilocks and the Three Bears” is a popular story for children, but it also has a hidden productivity lesson for all of us.
We all know about Goldilocks and the porridge. When she tried the first bowl, it was too hot. When she tried the second bowl, it was too cold. And of course, the third bowl was just right. It was perfectly obvious, even to her, that “just right” is what any reasonable person should be after.
Maximum sustainable output
There’s a concept in economics known as the maximum sustainable output. A country’s maximum sustainable output is the highest level of output it can sustain in the long run. It’s not a hard limit on output, and in fact a country can easily raise its output above this level. A common situation for this is during wartime, when a country may ramp up production dramatically to support the war effort.
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