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Frank H. Knight in Iowa City, 1919-1928
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ISBN: 9781780520087 1780520085 9781780520094 1780520093 9786613255921 1283255928 Year: 2011 Publisher: Bingley [England] : Emerald Group,

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The collection includes both refereed articles and review essays. The articles highlight research on the role of western economic advisors in China before the Communist Revolution (Paul Trescott), John Ryan on minimum wage legislation, a symposium on Clement Juglar, and a comparison of recent work in the history of economics and the history of science. Review essays on new publications examine a range of subjects, including: David Humes political economy; conceptions of economic morality in American thought; Frank Knight and the Austrians on institutions; Friedrich Engels; Austrian views on entrepreneurship; Coase and Pigou on government intervention; Hayek and conservatism; the history of the 'living wage' notion; methodological consideration of economics and econometrics; and Paul Heynes essays on economic and ethics.


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Frank H. Knight : prophet of freedom
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ISBN: 1137462108 1137462116 9781137462107 Year: 2016 Publisher: London : Palgrave Macmillan UK : Imprint: Palgrave Macmillan,

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Frank H. Knight was co-founder of the “Chicago School”. He was, first and foremost, a teacher; a theorist and author second. His work is scattered across many economic journals in essay-form standing on the base of Risk, Uncertainty and Profit, published in 1921. Within the economic world today he is chiefly noted for the notion of ‘Knightian Uncertainty’, with which he established his reputation in the pantheon of great economic thinkers. While many who passed through his classes and the Chicago School placed great faith in capitalism, Knight remained a critical supporter of capitalism, offering prophetic insights into behavioural economics and economic society. The 2008 recession burst the bubble of optimism, dating back to the 1980s, in what the economy can do for society. This brought back Keynesian insights into thinking about policy today. In this book, the author argues that Knight also deserves reconsideration, as his prophetic insights can offer a view into the soul of the modern economy.

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