Famous quote by John Bates Clark

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The first issue to be settled is whether socialism has a right to exist Are its allegations concerning the present syste

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"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

Question Economic Power

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This quote is written / told by John Bates Clark between January 26, 1847 and March 21, 1938. He/she was a famous Economist from USA. The author also have 12 other quotes.

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