"Fluidity" Quotes from Famous Books
... because, in spite of the fact that it can flow with entire freedom in any direction if it is impelled more in that direction than in any other, each particle of it is impelled equally in all directions. It is the perfect equilibrium that keeps the particles from changing their places, and fluidity has caused the equilibrium. In like manner when labor and capital can create and get just as much in one place as in another, they are attracted as strongly in one direction as in another and therefore do not move. A young man of average capacity, who is deliberating upon the choice of ... — Essentials of Economic Theory - As Applied to Modern Problems of Industry and Public Policy • John Bates Clark |