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. — John Bates Clark Copy Share Image
The market tends to pay as a wage what an individual laborer is worth. But the case last studied suggests the question how accurately the law operates in practice. May it not be an honest law, but be so vitiated… — John Bates Clark Copy Share Image
In a recent decision of the Supreme Court, not made, however, by the full court, and concurred in by only four justices, it was… — John Bates Clark Copy Share Image
If a man were living in isolation his income would be literally his product. Make him the monarch and owner of an island, and… — John Bates Clark Copy Share Image
As the work progresses the careful reader will insert mental interrogation points here and there. He will find that his interest increases as the… — John Bates Clark Copy Share Image
A laborer no longer makes whole articles. He receives raw materials, puts his touch on them, and passes them to another worker in the… — John Bates Clark Copy Share Image
Socialism appeals to better classes and has far more strength. Attack the state and you excite feelings of loyalty even among the disaffected classes;… — John Bates Clark Copy Share Image
The first issue to be settled is whether socialism has a right to exist. Are its allegations concerning the present system true? Is industry… — John Bates Clark Copy Share Image
We cannot afford to have any large section of the business world in doubt whether they have broken the laws or not, and we… — John Bates Clark Copy Share Image
When we say that the persistence of competition is ensured by fate, we mean that individual freedom is so guaranteed. The one thing to… — John Bates Clark Copy Share Image
The limit is not as narrow as it might be. I do not claim for this action, as it now goes on, an ideal… — John Bates Clark Copy Share Image
If the adjustment made by a court can be accepted or not, it will be refused whenever the men can gain more by continuing… — John Bates Clark Copy Share Image
Dull would be the man who should merely tolerate this plan of social industry. Weak would be the position of him who should take… — John Bates Clark Copy Share Image
The decree of a coercive tribunal would not need to conform to the true standard of wages, the final productivity of social labor. It… — John Bates Clark Copy Share Image
