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.

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

Sociology isthescience of talk, and there is onlyone law in sociology. Bad talk drives out good.

There is no sense in making statements that will not continue to be true after they are made.

Never waste any time you can spend sleeping.

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.

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.