"The market tends to pay as a wage……" — John Bates Clark
"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 in its working as to give a dishonest result?"
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John Bates Clark
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14 Quotes by John Bates Clark
John Bates Clark has 14 quotes on this site.
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A laborer no longer makes whole articles. He receives raw materials, puts his touch on them, and passes them to…
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As the work progresses the careful reader will insert mental interrogation points here and there. He will find that his…
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The first issue to be settled is whether socialism has a right to exist. Are its allegations concerning the present…
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If the adjustment made by a court can be accepted or not, it will be refused whenever the men can…
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When we say that the persistence of competition is ensured by fate, we mean that individual freedom is so guaranteed.…
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If a man were living in isolation his income would be literally his product. Make him the monarch and owner…
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Socialism appeals to better classes and has far more strength. Attack the state and you excite feelings of loyalty even…
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We cannot afford to have any large section of the business world in doubt whether they have broken the laws…
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Dull would be the man who should merely tolerate this plan of social industry. Weak would be the position of…
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The decree of a coercive tribunal would not need to conform to the true standard of wages, the final productivity…
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The limit is not as narrow as it might be. I do not claim for this action, as it now…
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In a recent decision of the Supreme Court, not made, however, by the full court, and concurred in by only…
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