I have been....moved to wonder whether my job is a job or a racket, whether economists, and particularly economic theorists, may not be in the position that Cicero, citing Cato, ascribed to the augurs of Rome-that they should cover their faces or burst into laugher when they met on the street.
Frank KnightIn the long run all producers are forced to use the most efficient methods or give place to others who do.
Frank KnightOne-third of your plays are special teams, so to block a punt and get good field position out of it and score was big.
Frank KnightMarket competition is the only form of organization which can afford a large measure of freedom to the individual.
Frank KnightIf all properly economic problems were solved once for all . . . the social struggle and strife would . . . [not necessarily] be reduced in amount or intensity . . . in the absence of some moral revolution which could by no means be assumed to follow in consequence of this change itself.
Frank Knight