“The probability of the people in power being individuals who would dislike the possession and exercise of power is on a level with the probability that an extremely tender-hearted person would get the job of whipping-master in a slave plantation.” PeoplePersonsJobsIndividualLevelsMastersExerciseSlavePossessionDislikeProbabilityHeartedPlantationsWhipping Author:Frank Knight
“I have been....moved to wonder whether my job is a job or a racket, whether economists, and particularly economic theorists, may not be in the position that Cicero, citing Cato, ascribed to the augurs of Rome-that they should cover their faces or burst into laugher when they met on the street.” ShouldMayHas BeensJobsFacesWonderEconomicStreetsPositionMetsMovedRomeEconomistTheoristsRacketCitingCato Author:Frank Knight