John Bates Clark Quotes

The decree of a coercive tribunal would not need to conform to the true standard of wages, the final productivity of social labor. It would introduce into distribution a genuinely arbitrary element, with a very large ultimate power to pervert the natural system.

John Bates Clark

Recitation: by Male by Female

Author Biography

  • Author Profession: economist
  • Nationality: american
  • Birth: January 26, 1847 - March 21, 1938

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