Quote by: 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.


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Author Bio


  • NameJohn Bates Clark
  • DescriptionAmerican neoclassical economist
  • BornJanuary 26, 1847
  • DiedMarch 21, 1938
  • CountryUnited States Of America
  • ProfessionEconomist