A Quote by Frank Knight

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.
Were it not for Occam's Razor, which always demands simplicity, I'd be tempted to believe that human beings are more influenced by distant causes than immediate ones. This would especially be true of overeducated people, who are capable of thinking past the immediate, of becoming obsessed by the remote. It's the old stuff, the conflicts we've never come to terms with, that sneaks up on us, half forgotten, insisting upon action.
The very large units of production and exchange have access to credit on a large scale, sometimes without any cover at all, merely upon the prospect of their success, and always upon terms far easier than are open to their smaller rivals. It is perhaps on this line of easier credit that large capital today does most harm to small capital, drives it out and ruins it.
A monopoly on the means of communication may define a ruling elite more precisely than the celebrated Marxian formula of monopoly in the means of production.
Collective bargaining has always been the bedrock of the American labor movement. I hope that you will continue to anchor your movement to this foundation. Free collective bargaining is good for the entire Nation. In my view, it is the only alternative to State regulation of wages and prices - a path which leads far down the grim road of totalitarianism. Those who would destroy or further limit the rights of organized labor - those who would cripple collective bargaining or prevent organization of the unorganized - do a disservice to the cause of democracy.
Collective bargaining isn't a right, it is an expensive entitlement. Once and for all, we are giving the taxpayers a voice in this debate. We put the power back in the hands of the people.
The only sound approach to collective bargaining is to work out an agreement that clarifies the rights and responsibilities of the parties, establishes principles and operates to the advantage of all concerned.
So let me be clear, Collective bargaining isn't a right, it is an expensive entitlement. Once and for all, we are giving the taxpayers a voice in this debate. We put the power back in the hands of the people.
Unions are for 'collective bargaining,' not individual bargaining. It follows that most of the achievements of a union, even if they were more impressive than the staunchest unionist claims, could offer the rational worker no incentive to join; his individual efforts would not have a noticeable effect on the outcome, and whether he supported the union or not he would still get the benefits of its achievements.
I was never presented with the details as far as the collective bargaining system is Greece. I am in favor of a normal system without giving the labour minister the right to extend the results to extend the result of the collective bargaining to the whole of the real economy. The government has to make sure that the results will not harm the situation of small and medium enterprises.
I sincerely believe that banking establishments are more dangerous than standing armies, and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale.
A long dispute means both parties are wrong.
I think people have to realize that - and basketball fans do, Lakers fans do - that we have to operate under the rules of the collective bargaining agreement, which means you can't just go and grab every player that you want.
egregious. most people think that word means terrible or unheard of or unforgivable. it has a much more interesting story than that to tell. it means "outside the herd." imagine that - thousands of people, outside the herd.
Non-injuring has to be attained by him who would be free. No one is more powerful than he who has attained perfect non-injuring. No one could fight, no one could quarrel, in his presence. Yes, his very presence, and nothing else, means peace, means love wherever he may be. Nobody could be angry or fight in his presence. Even the animals, ferocious animals, would be peaceful before him.
If wealth is accumulated in the hands of a few, either by a feudal or a stock monopoly, it carries the power also; and a government becomes as certainly aristocratical, by a monopoly of wealth, as by a monopoly of arms. A minority, obtaining a majority of wealth or arms in any mode, becomes the government.
When you have an enemy in your power, deprive him of the means of ever injuring you.
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