Peter F. Drucker Boxed Set (8 Books) (The Drucker Library)

*On this, see “The Coming Rediscovery of Scientific Management.”

*For this reason also, the “Kennedy tax cut” does not, as has sometimes been asserted, prove or support the “Laffer Curve” and its thesis that lower tax rates will, beyond a certain point, actually produce higher taxes because they stimulate greater economic activity. The “Kennedy tax cut,” precisely because there was no such “tax cut,” proves nothing and disproves nothing.

*Taylor’s three works on “scientific management” are Shop Management, published in 1903 under the auspices of the American Society of Mechanical Engineers, after having been read at a meeting of the Society in June 1903, in Saratoga, New York; Principles of Scientific Management, written in 1909, for publication ...