A Quote by Frank Knight

Market competition is the only form of organization which can afford a large measure of freedom to the individual. — © Frank Knight
Market competition is the only form of organization which can afford a large measure of freedom to the individual.
Reason cannot desire for man any condition other than that in which not only every individual enjoys the most absolute, unbounded freedom to develop himself out of himself, in true individuality, but in which physical nature, as well, need receive no other shaping by human hands than that which is given to her voluntarily by each individual, according to the measure of his wants and his inclinations, restricted only by the limits of his energy and his rights.
I know of no example in time or place of a society that has been marked by a large measure of political freedom, and that has not also used something comparable to a free market to organize the bulk of economic activity.
Jazz is about the only form of art existing today in which there is freedom of the individual without the loss of group contact.
The study of economic organization commonly proceeds as though market and administrative modes of organization were disjunct. Market organi­zation is the province of economists. Inter­nal organization is the concern of organization theory specialist. And never the twain shall meet.
The semimetaphysical problems of the individual and society, of egoism and altruism, of freedom and determinism, either disappear or remain in the form of different phases in the organization of a consciousness that is fundamentally social.
Having come into contact with a civilization which has over-emphasized the freedom of the individual, we are in fact faced with one of the big problems of Africa in the modern world. Our problem is just this: how to get the benefits of European society - benefits that have been brought about by an organization based upon the individual - and yet retain African's own structure of society in which the individual is a member of a kind of fellowship.
The individual has become a mere cog in an enormous organization of things and powers which tear from his hands all progress, spirituality, and value in order to transform them from their subjective form into the form of a purely objective life.
Norms appearing in the form of law entitle actors to exercise their rights or liberties. However, one cannot determine which of these laws are legitimate simply by looking at the form of individual rights. Only by bringing in the discourse principle can one show that each person is owed a right to the greatest possible measure of equal liberties that are mutually compatible.
The individual is defined only by his relationship to the world and to other individuals; he exists only by transcending himself, and his freedom can be achieved only through the freedom of others. He justifies his existence by a movement which, like freedom, springs from his heart but which leads outside of himself.
The economic freedom which is the prerequisite of any other freedom cannot be the freedom from economic care which the socialist promise us, and which can be obtained only by relieving the individual at the same time of the necessity and of the power of choice: it must be the freedom of economic activity which, with the right of choice, inevitably also carries the risk and the responsibility of that right
We forget that, although each of the liberties which have been won must be defended with utmost vigour, the problem of freedom is not only a quantitative one, but a qualitative one; that we not only have to preserve and increase the traditional freedom, but that we have to gain a new kind of freedom, one which enables us to realize our own individual self; to have faith in this self and in life.
Most large mistakes in organizational design come from putting the individual ambitions of the people at the top of the organization ahead of the communication paths for the people at the bottom of the organization.
Competition on the market aims at assigning to every individual that function in the social system in which he can render to all his fellow men the most valuable of the services he is able to perform.
Among the reasons for this was the fact that the U.S.A. is one mass market. It is only when you have a mass market that large-scale manufacturing which involves very substantial expenditures can be justified.
Obedience is, indeed, founded on a kind of freedom, else it would become mere subjugation, but that freedom is only granted that obedience may be more perfect; and thus while a measure of license is necessary to exhibit the individual energies of things, the fairness and pleasantness and perfection of them all consist in their restraint.
We are resolved to protect individual freedom of belief. This freedom must include the child as well as the parent. The freedom for which we stand is not freedom of belief as we please,... not freedom to evade responsibility, ...but freedom to be honest in speech and action, freedom to respect one's own integrity of thought and feeling, freedom to question, to investigate, to try, to understand life and the universe in which life abounds, freedom to search anywhere and everywhere to find the meaning of Being, freedom to experiment with new ways of living that seem better than the old.
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