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John Bates Clark - The control of trusts (1901)

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We cannot afford to have any large section of the business world in doubt whether they have broken the laws or not, and we cannot let the laws become a dead letter through vagueness. In this view it is clear that an administrative commission can render invaluable service.

John Bates Clark

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A person may cause evil to others not only by his actions but by his inaction, and in either case he is justly accountable to them for the injury.
John Stuart Mill

John Bates Clark

John Bates Clark
Creative Commons

Born: January 26, 1847
Died: March 21, 1938 (aged 91)
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