Frank Knight Quotations

We have to adapt and overcome, that's all we can do.

Goods move in response to price differences from points of low to points of higher price, the movement tending to obliterate the price difference and come to rest.

All science is static in the sense that it describes the unchanging aspects of things.

In the long run all producers are forced to use the most efficient methods or give place to others who do.

There is no sense in making statements that will not continue to be true after they are made.

The possibility of saying anything about a thing rests on the assumption that it preserves its identity, or continues to be the same thing in the respect described, that it will behave in future situations as it has in past.

It is true practically if not altogether without exception that the changes studied by any science tend to equilibrate or neutralize the forces which bring them about, and finally to come to rest.

We'll be a lot more wide open offensively. We can line up and run a power game if we want to and also use the finesse game if they stack up against the run.

Since my first day here 21 years ago, he's the guy I've turned to whenever I've needed something. George is really the heart and soul of Waterville High School. He's really a role model for everybody of how a man should be.

One-third of play is special teams. Credit coaches (Dennis) Martin and (Ben) Foster for that (blocked punt). They do a great job with special teams. We got field position and we took advantage of it.

I have loyalty to my seniors, but I dream about (ex-Michigan coach) Steve Fisher. Really, I'm not worried about this year. We have the best sophomore class in California. It's the next two years that concern me.

I feel safe there, ... Ive never worried about it.

We try to look at games each week and not look at the big picture, but this is one of the tougher teams we're going to play.

We made mistakes on (our running plays), in blocking. We thought one was good to go. If you get down inside the 5-yard line, you've got to score. That was a chance to win the game, or at least tie it up, and we didn't do it.

The option is always tough. You have to be very disciplined to defend it.

They're the biggest team we've seen this year.

They force you to defend the whole field.

It's kind of sad because we won't have those rivalry games with Bangor and Lawrence, but we appropriately are moving to B where we belong, enrollment-wise.

That's our last game of the year and we're excited about it,

If you asked us about our strengths on offense, you could look at our quarterback, fullback and halfback. With Brewer I think it's the same thing. We've just got to stop the fullback and try to control the quarterback.

...even professors of economics, to say nothing of the public, do not generally have scientific minds.

Always history is being made; opinions attitudes and institutions change, and there is evolution in the nature of capitalism

Costs merely register competing attractions.

If all properly economic problems were solved once for all . . . the social struggle and strife would . . . [not necessarily] be reduced in amount or intensity . . . in the absence of some moral revolution which could by no means be assumed to follow in consequence of this change itself.

Conflicting economic interest is relatively unimportant as a cause of war.

One-third of your plays are special teams, so to block a punt and get good field position out of it and score was big.

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.

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.

Sociology isthescience of talk, and there is onlyone law in sociology. Bad talk drives out good.

Knowledge is more a matter of learning than of the exercise of absolute judgment. Learning requires time, and in time the situation dealt with, as well as the learner, undergoes change.

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.

Market competition is the only form of organization which can afford a large measure of freedom to the individual.

The truth seems . . . to be that in the ultimate and essential problem the economic factor is relatively superficial and unimportant.

Never waste any time you can spend sleeping.