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.

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.

All science is static in the sense that it describes the unchanging aspects of things.

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

We have to adapt and overcome, that's all we can do.

The probability of the people in power being individuals who would dislike the possession and exercise of power is on a level with the probability that an extremely tender-hearted person would get the job of whipping-master in a slave plantation.

The truth seems . . . to be that in the ultimate and essential problem the economic factor is relatively superficial and unimportant.