Day 185 · Wed, Apr 21, 2027 · Five editions

Wed, Apr 21, 2027

Five emails a day: 00:00 Night / 07:00 Morning / 12:00 Noon / 17:00 Evening / 21:00 Figures

00:00 Night · Career · Entrepreneur memoirs

Henry Ford:The Five-Dollar Day

Henry Ford《My Life and Work》· Chapter X, “How Cheaply Can Things Be Made?” · Leadership · Growth · Action

The payment of five dollars a day for an eight-hour day was one of the finest cost-cutting moves we ever made, and the six-dollar day wage is cheaper than the five.

Source: https://www.gutenberg.org/cache/epub/7213/pg7213.txt
Chapter X, “How Cheaply Can Things Be Made?,” paragraph beginning “The payment of high wages fortunately...”

Reading

Higher wages can be a cost-cutting and productivity innovation.

Context

Ford's five-dollar day was announced in 1914 as a profit-sharing plan that roughly doubled many workers' daily income. He called it one of the finest cost-cutting moves the company ever made, because better-paid workers were more efficient and less likely to leave. Ford treated wages as an investment in productivity and in a mass market, not merely as an expense.

Today's question

Does your organization see wages as a cost to cut—or as an investment in efficiency?

07:00 Morning · Health · Chinese classics

管仲(舊題):Guanzi, 第64篇形勢解, Entry 13

管仲(舊題)《管子》· 第64篇形勢解 · Leadership · Health · Decision · Growth

法立而民樂之,令出而民銜之。法令之合於民心,如符節之相得也,則主尊顯。故曰:「銜令者,君之尊也。」

Source: https://zh.wikisource.org/wiki/%E7%AE%A1%E5%AD%90/%E7%AC%AC64%E7%AF%87%E5%BD%A2%E5%8B%A2%E8%A7%A3
第64篇形勢解·第13则

This is a direct reading: the original and source are kept; commentary will be added later.

Today's question

What does this passage say about your body or mood today?

12:00 Noon · Investing · Chinese classics

桓寬:Discourses on Salt and Iron, Volume 10, 大論第五十九, Entry 2

桓寬《鹽鐵論》· 卷10·大論第五十九 · Investing · Leadership · Cognition · Decision

文學曰:「文王興而民好善,幽、厲興而民好暴,非性之殊,風俗使然也。故商、周之所以昌,桀、紂之所以亡也,湯、武非得伯夷之民以治,桀、紂非得跖、蹻之民以亂也,故治亂不在於民。孔子曰:『聽訟吾猶人也,必也使無訟乎!』無訟者難,訟而聽之易。夫不治其本而事其末,古之所謂愚,今之所謂智。以棰楚正亂,以刀筆正文,古之所謂賊,今之所謂賢也。」

Source: https://zh.wikisource.org/wiki/%E9%B9%BD%E9%90%B5%E8%AB%96/%E5%8D%B710
卷10·大論第五十九·第2则

This is a direct reading: the original and source are kept; commentary will be added later.

Today's question

Does this passage change one judgment about money or risk today?

17:00 Evening · Career · Chinese classics

管仲(舊題):Guanzi, 第10篇五輔, Entry 3

管仲(舊題)《管子》· 第10篇五輔 · Leadership · Character · Health · Action

曰:民知德矣,而未知義,然後明行以導之義。義有七體。七體者何?曰:孝悌慈惠以養親戚,恭敬忠信以事君上,中正比宜以行禮節,整齊撙詘以辟刑僇,纖嗇省用以備飢饉,敦懞純固以備禍亂,和協輯睦以備寇戎。凡此七者,義之體也。夫民必知義然後中正,中正然後和調,和調乃能處安,處安然後動威,動威乃可以戰勝而守固。故曰:義不可不行也。

Source: https://zh.wikisource.org/wiki/%E7%AE%A1%E5%AD%90/%E7%AC%AC10%E7%AF%87%E4%BA%94%E8%BC%94
第10篇五輔·第3则

This is a direct reading: the original and source are kept; commentary will be added later.

Today's question

What does this passage say about how you work today?

21:00 Figures · Career · Entrepreneur memoirs

Andrew Carnegie:Autobiography of Andrew Carnegie, Excerpt 57

Andrew Carnegie《Autobiography of Andrew Carnegie》· Chapter IX · Leadership

"Ah, gentlemen," I said, "there is the point. A little more money and you could have had the indestructible wrought-iron and your bridge would stand against any steamboat. We never have built and we never will build a cheap bridge. Ours don't fall."

Source: https://www.gutenberg.org/ebooks/17976
Chapter IX, excerpt 57

This is a direct reading: the original and source are kept; commentary will be added later.

Today's question

What does this passage say about how you work today?