John R. Commons Quote

The binding power of custom is its security of expectations. What has happened before may be expected to happen again, and he who arbitrarily disappoints expectations must be restrained or punished.


p. 301 - Legal foundations of capitalism. 1924


The binding power of custom is its security of expectations. What has happened before may be expected to happen again, and he who arbitrarily...

The binding power of custom is its security of expectations. What has happened before may be expected to happen again, and he who arbitrarily...

The binding power of custom is its security of expectations. What has happened before may be expected to happen again, and he who arbitrarily...

The binding power of custom is its security of expectations. What has happened before may be expected to happen again, and he who arbitrarily...