In The Long Run All Producers Are

Market Competition Is The Only Form Of Organization Which Can Afford A Large Measure Of Freedom To The Individual.

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.

...even Professors Of Economics, To Say Nothing Of The Public, Do Not Generally Have Scientific Minds.

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.

The Truth Seems . . . To Be That In The Ultimate And Essential Problem The Economic Factor Is Relatively Superficial And Unimportant.