Skip to content
Shawords

Quote#Politics & Power

The binding power of custom is its security of expectations. What has…

Quote byJohn R. Commons · 1862–1945

Commonly attributed — not confirmed in an authoritative edition. Cited on Wikiquote to: Legal foundations of capitalism. 1924, p. 301.

English (original)

The binding power of custom is its security of expectations. What has happened before may be expected to happen again, and he who arbitrarily disappoints expectations must be restrained or punished.

— John R. Commons

More from John R. Commons