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

Frank Knight

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Frank Knight
Age: 86 †
Born: 1885
Born: November 7
Died: 1972
Died: April 15
Economist
Sociologist
University Teacher
McLean County
Illinois
Frank Hyneman Knight
Frank H. Knight
Things
Describes
Unchanging
Static
Aspects
Aspect
Science
Sense

More quotes by Frank Knight

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Always history is being made opinions attitudes and institutions change, and there is evolution in the nature of capitalism
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...even professors of economics, to say nothing of the public, do not generally have scientific minds.
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Never waste any time you can spend sleeping.
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The truth seems . . . to be that in the ultimate and essential problem the economic factor is relatively superficial and unimportant.
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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.
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Sociology isthescience of talk, and there is onlyone law in sociology. Bad talk drives out good.
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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.
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