In a recent decision of the Supreme Court, not made, however, by the full court, and concurred in by only four justices, it was held that the seller of a patented mimeograph could bind the purchaser to use only his ink in the machine, though the ink was not patented.
More Quotes from John Bates Clark:
Dull would be the man who should merely tolerate this plan of social industry. Weak would be the position of him who should take an apologetic tone in defending it, or present its claims in a merely negative way, by exposing the evils and perils of the socialistic plan.John Bates Clark
The limit is not as narrow as it might be. I do not claim for this action, as it now goes on, an ideal degree of efficiency. What I do claim is that this type of competition already reveals its nature and its ultimate power to hold seeming monopolies in check.
John Bates Clark
If the adjustment made by a court can be accepted or not, it will be refused whenever the men can gain more by continuing the strike, with whatever of violence that involves.
John Bates Clark
The first issue to be settled is whether socialism has a right to exist Are its allegations concerning the present system true? Is industry proceeding on a principle of fraud? I wish to test the power of recent economic theory to give an exact answer to this question.
John Bates Clark
A modern producer does not wish to keep the identical things that he makes but he does want to keep the value that he brings into existence.
John Bates Clark
We cannot afford to have any large section of the business world in doubt whether they have broken the laws or not, and we cannot let the laws become a dead letter through vagueness. In this view it is clear that an administrative commission can render invaluable service.
John Bates Clark
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Based on Keywords: bind, concurred, justices, mimeograph, patented, purchaser, sellerGenerally speaking, a howling wilderness does not howl: it is the imagination of the traveler that does the howling.
Henry David Thoreau
There are no better cosmetics than a severe temperance and purity, modesty and humility, a gracious temper and calmness of spirit; and there is no true beauty without the signatures of these graces in the very countenance.
Arthur Helps
Because I'm in an adult world and I'm really working, my age is just a number. It's not really who I am.
Mandy Moore