The best of all monopoly profits is a quiet life.
1935 Econometrica,'The Theory of Monopoly'.
We ought to define a man's income as the maximum value which he can consume during a week, and still expect to be as well off at the end of the week as he was at the beginning.SirJohn Richard Hicks
Weapons grow rusty if unused, and a Union which never strikes may lose the ability to organise a formidable strike, so that its threats become less effective.SirJohn Richard Hicks
There is much of economic theory which is pursued for no better reason than its intellectual attraction; it is a good game. 402SirJohn Richard Hicks