Large scale collective bargaining . . . is merely a seductive name for bilateral monopoly, and means either adjudication of conflicts in terms of power, or deadlock and stoppage, usually injuring outside people more than the immediate parties to the dispute.
Large scale collective bargaining . . . is merely a seductive name for bilateral monopoly, and means either adjudication of conflicts in terms of pow… - Frank Knight
Large scale collective bargaining . . . is merely a seductive name for bilateral monopoly, and means either adjudication of conflicts in terms of pow…
- Frank Knight
In the long run all producers are forced to use the most efficient methods or give place to others who do. - Frank Knight
In the long run all producers are forced to use the most efficient methods or give place to others who do.
Sociology isthescience of talk, and there is onlyone law in sociology. Bad talk drives out good. - Frank Knight
Sociology isthescience of talk, and there is onlyone law in sociology. Bad talk drives out good.
The possibility of saying anything about a thing rests on the assumption that it preserves its identity, or continues to be the same thing in the res… - Frank Knight
The possibility of saying anything about a thing rests on the assumption that it preserves its identity, or continues to be the same thing in the res…
Conflicting economic interest is relatively unimportant as a cause of war. - Frank Knight
Conflicting economic interest is relatively unimportant as a cause of war.
There is no sense in making statements that will not continue to be true after they are made. - Frank Knight
There is no sense in making statements that will not continue to be true after they are made.
If all properly economic problems were solved once for all . . . the social struggle and strife would . . . [not necessarily] be reduced in amount or… - Frank Knight
If all properly economic problems were solved once for all . . . the social struggle and strife would . . . [not necessarily] be reduced in amount or…
Market competition is the only form of organization which can afford a large measure of freedom to the individual. - Frank Knight
Market competition is the only form of organization which can afford a large measure of freedom to the individual.
All science is static in the sense that it describes the unchanging aspects of things. - Frank Knight
All science is static in the sense that it describes the unchanging aspects of things.
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