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Frank Knight Quotes

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 Picture Quote #1

All science is static in the sense that it describes the unchanging aspects of things Picture Quote #1

We have to adapt and overcome, that’s all we can do Picture Quote #1

Costs merely register competing attractions Picture Quote #1

Never waste any time you can spend sleeping Picture Quote #1

Conflicting economic interest is relatively unimportant as a cause of war Picture Quote #1

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Goods move in response to price differences from points of low to points of higher price, the movement tending to obliterate the price difference and come to rest Picture Quote #1

In the long run all producers are forced to use the most efficient methods or give place to others who do Picture Quote #1

It is true practically if not altogether without exception that the changes studied by any science tend to equilibrate or neutralize the forces which bring them about, and finally to come to rest Picture Quote #1

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 respect described, that it will behave in future situations as it has in past Picture Quote #1

There is no sense in making statements that will not continue to be true after they are made Picture Quote #1

Always history is being made; opinions attitudes and institutions change, and there is evolution in the nature of capitalism Picture Quote #1

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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 Picture Quote #1

Market competition is the only form of organization which can afford a large measure of freedom to the individual Picture Quote #1

The truth seems... to be that in the ultimate and essential problem the economic factor is relatively superficial and unimportant Picture Quote #1

Knowledge is more a matter of learning than of the exercise of absolute judgment. Learning requires time, and in time the situation dealt with, as well as the learner, undergoes change Picture Quote #1

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Text Quotes

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. (Frank Knight Quotes) All science is static in the sense that it describes the unchanging aspects of things (Frank Knight Quotes) We have to adapt and overcome, that’s all we can do (Frank Knight Quotes) Costs merely register competing attractions (Frank Knight Quotes) Never waste any time you can spend sleeping (Frank Knight Quotes) Conflicting economic interest is relatively unimportant as a cause of war (Frank Knight Quotes) Goods move in response to price differences from points of low to points of higher price, the movement tending to obliterate the price difference and come to rest (Frank Knight Quotes) In the long run all producers are forced to use the most efficient methods or give place to others who do (Frank Knight Quotes) It is true practically if not altogether without exception that the changes studied by any science tend to equilibrate or neutralize the forces which bring them about, and finally to come to rest (Frank Knight Quotes) 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 respect described, that it will behave in future situations as it has in past (Frank Knight Quotes) There is no sense in making statements that will not continue to be true after they are made (Frank Knight Quotes) Always history is being made; opinions attitudes and institutions change, and there is evolution in the nature of capitalism (Frank Knight Quotes) 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 (Frank Knight Quotes) Market competition is the only form of organization which can afford a large measure of freedom to the individual (Frank Knight Quotes) The truth seems... to be that in the ultimate and essential problem the economic factor is relatively superficial and unimportant (Frank Knight Quotes) Knowledge is more a matter of learning than of the exercise of absolute judgment. Learning requires time, and in time the situation dealt with, as well as the learner, undergoes change (Frank Knight Quotes)