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Read through the most famous quotes from John Bates Clark
Experience alone can give a final answer. The knowledge gained in a few years by a commission of the kind suggested would be worth more than volumes of mere assertions and contradictions. ↗
If the adjustment made by a court can be accepted or not, it will be refused whenever the men can gain more by continuing the strike, with whatever of violence that involves. ↗
When we say that the persistence of competition is ensured by fate, we mean that individual freedom is so guaranteed. The one thing to which fate binds us is liberty. ↗
In the brief preface is expressed the hope that 'it may be found that these principles settle questions of agrarian socialism. … Though the process was savage the outlook which it afforded was not wholly evil.
John Bates Clark (January 26 1847 – March 21 1938) was an American neoclassical economist.