The probability of the people in power being individuals who would dislike the possession and exercise of power is on a level with the probability that an extremely tender-hearted person would get the job of whipping-master in a slave plantation.
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
Conflicting economic interest is relatively unimportant as a cause of war. - Frank Knight
Conflicting economic interest is relatively unimportant as a cause of war.
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.
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.
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…
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.
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.
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…
Costs merely register competing attractions. - Frank Knight
Costs merely register competing attractions.
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