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

In the long run all producers are forced to use the most efficient methods or give place to others who do.

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

Never waste any time you can spend sleeping.

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.

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

...even professors of economics, to say nothing of the public, do not generally have scientific minds.