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

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


Frank Knight
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Other quotes of Frank Knight


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

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



Market competition is the only form of organization which can afford a large measure of freedom to the individual.

Market competition is the only form of organization which can afford a large measure of freedom to the individual.



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.

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.



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

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



Costs merely register competing attractions.

Costs merely register competing attractions.



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

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



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

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



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

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



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.

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.



Goods move in response to price differences from points of low to points of higher price, the movement tending to obliterate the price difference and come to rest.

Goods move in response to price differences from points of low to points of higher price, the movement tending to obliterate the price difference and come to rest.





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A business owner who is not willing to invest in their business is a business owner who shouldn't be in business.

A business owner who is not willing to invest in their business is a business owner who shouldn't be in business.



You mean you don't want to come in and hold my hand while I piss?

You mean you don't want to come in and hold my hand while I piss?



Are you an aberration to your species?' she cried. 'Cats don't look for approval!

Are you an aberration to your species?' she cried. 'Cats don't look for approval!



I think in some ways it's good to have at least one thing for which you could be really immortal, you know?

I think in some ways it's good to have at least one thing for which you could be really immortal, you know?



Just when you think you're coming out and you think, 'OK, I see the light at the end of the tunnel,' then I got this diagnosis.

Just when you think you're coming out and you think, 'OK, I see the light at the end of the tunnel,' then I got this diagnosis.



I was attempting to write the story of my life. It wasn't so much about plot. It was much more about character.

I was attempting to write the story of my life. It wasn't so much about plot. It was much more about character.



I also want to announce that I'm changing my name. I haven't told anyone. You get the scoop.

I also want to announce that I'm changing my name. I haven't told anyone. You get the scoop.



Science is not something that exists apart from human beings. It's one of the things we do as human beings, and we always have done science and technology in some form.

Science is not something that exists apart from human beings. It's one of the things we do as human beings, and we always have done science and technology in some form.



Oh! how the hours hasten to change into days, the days into months, the months into years, and those into life's annihilation!

Oh! how the hours hasten to change into days, the days into months, the months into years, and those into life's annihilation!



NASA even sent Chuck Berry's music on a space probe searching for intelligent life in outer space. Well, now, if they're out there, they're duck walking

NASA even sent Chuck Berry's music on a space probe searching for intelligent life in outer space. Well, now, if they're out there, they're duck walking




Quote Description


This page presents the quote "The truth seems . . . to be that in the ultimate and essential problem the economic factor is relatively superficial and unimportant.". Author of this quote is Frank Knight. This quote is about superficial, truth, economic, ultimate, seems, problem, essentials, unimportant,.