Selected Essays By Frank H Knight What Is Truth In Economics

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Selected Essays by Frank H. Knight, Volume 1

Author : Frank H. Knight
Publisher : University of Chicago Press
ISBN 13 : 9780226446950
Total Pages : 448 pages
Book Rating : 4.4/5 (469 download)

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Book Synopsis Selected Essays by Frank H. Knight, Volume 1 by : Frank H. Knight

Download or read book Selected Essays by Frank H. Knight, Volume 1 written by Frank H. Knight and published by University of Chicago Press. This book was released on 1999 with total page 448 pages. Available in PDF, EPUB and Kindle. Book excerpt: Frank H. Knight (1885-1972) was a central figure—many say the dominant influence—in the development of the "Chicago School of Economics" at the University of Chicago in the 1930s and 1940s, where he taught future Nobel laureates Milton Friedman, James Buchanan, George Stigler, and many other notable scholars. It was Knight's embedded skepticism about the reach of economic knowledge that set the stage for the laissez-faire economics that matured at the University in the 1950s and 1960s. But as important as Knight's technical economic contributions were, he never strayed far from his broad philosophical interests and concern for the state of modern liberal democracy. Ross B. Emmett's selection of Knight's essays is the first to offer a comprehensive picture of the work of this notable social scientist over the span of his career. Included are not only Knight's most influential writings, but also a number of uncollected papers which have not previously been widely accessible. These essays illustrate Knight's views on the central debates regarding economics, social science, ethics, education, and modern liberalism. Volume 1: "What is Truth" in Economics? contains fifteen of Knight's papers up through 1940. Volume 2: Laissez Faire: Pro and Con includes fourteen of Knight's papers from 1940 through 1967, including "Socialism: The Nature of the Problem" and "The Sickness of Liberal Society." These twenty-nine essays together stand not only as a monument to one of economics' most significant and original thinkers, but will also serve as an invaluable resource for economists, philosophers, and political scientists interested in the development of the western liberal tradition.

Risk, Uncertainty and Profit

Author : Frank H. Knight
Publisher : Cosimo, Inc.
ISBN 13 : 1602060053
Total Pages : 401 pages
Book Rating : 4.6/5 (2 download)

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Book Synopsis Risk, Uncertainty and Profit by : Frank H. Knight

Download or read book Risk, Uncertainty and Profit written by Frank H. Knight and published by Cosimo, Inc.. This book was released on 2006-11-01 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: A timeless classic of economic theory that remains fascinating and pertinent today, this is Frank Knight's famous explanation of why perfect competition cannot eliminate profits, the important differences between "risk" and "uncertainty," and the vital role of the entrepreneur in profitmaking. Based on Knight's PhD dissertation, this 1921 work, balancing theory with fact to come to stunning insights, is a distinct pleasure to read. FRANK H. KNIGHT (1885-1972) is considered by some the greatest American scholar of economics of the 20th century. An economics professor at the University of Chicago from 1927 until 1955, he was one of the founders of the Chicago school of economics, which influenced Milton Friedman and George Stigler.

Selected Essays by Frank H. Knight, Volume 2

Author : Frank H. Knight
Publisher : University of Chicago Press
ISBN 13 : 9780226446974
Total Pages : 466 pages
Book Rating : 4.4/5 (469 download)

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Book Synopsis Selected Essays by Frank H. Knight, Volume 2 by : Frank H. Knight

Download or read book Selected Essays by Frank H. Knight, Volume 2 written by Frank H. Knight and published by University of Chicago Press. This book was released on 1999 with total page 466 pages. Available in PDF, EPUB and Kindle. Book excerpt: Frank H. Knight (1885-1972) was a central figure—many say the dominant influence—in the development of the "Chicago School of Economics" at the University of Chicago in the 1930s and 1940s, where he taught future Nobel laureates Milton Friedman, James Buchanan, George Stigler, and many other notable scholars. It was Knight's embedded skepticism about the reach of economic knowledge that set the stage for the laissez-faire economics that matured at the University in the 1950s and 1960s. But as important as Knight's technical economic contributions were, he never strayed far from his broad philosophical interests and concern for the state of modern liberal democracy. Ross B. Emmett's selection of Knight's essays is the first to offer a comprehensive picture of the work of this notable social scientist over the span of his career. Included are not only Knight's most influential writings, but also a number of uncollected papers which have not previously been widely accessible. These essays illustrate Knight's views on the central debates regarding economics, social science, ethics, education, and modern liberalism. Volume 1: "What is Truth" in Economics? contains fifteen of Knight's papers up through 1940. Volume 2: Laissez Faire: Pro and Con includes fourteen of Knight's papers from 1940 through 1967, including "Socialism: The Nature of the Problem" and "The Sickness of Liberal Society." These twenty-nine essays together stand not only as a monument to one of economics' most significant and original thinkers, but will also serve as an invaluable resource for economists, philosophers, and political scientists interested in the development of the western liberal tradition.

Freedom and Reform

Author : Frank Hyneman Knight
Publisher : Indianapolis, Ind. : Liberty Press
ISBN 13 : 9780865970045
Total Pages : 0 pages
Book Rating : 4.9/5 (7 download)

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Book Synopsis Freedom and Reform by : Frank Hyneman Knight

Download or read book Freedom and Reform written by Frank Hyneman Knight and published by Indianapolis, Ind. : Liberty Press. This book was released on 1982 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The fifteen essays in this collection, first published in 1947, treat a variety of economic, social, political, and philosophical problems and were written by a legendary professor of economics at the University of Chicago. Professor Knight (1885-1972) wrote from the viewpoint of ethics as well as economics. His own words best describe his objective in this book: "The basic principle of science--truth or objectivity--is essentially a moral principle. . . . The presuppositions of objectivity are integrity, competence, humility. . . . All coercion is absolutely excluded in favor of free meeting of free minds."

On the History and Method of Economics

Author : Frank Hyneman Knight
Publisher :
ISBN 13 :
Total Pages : 308 pages
Book Rating : 4.:/5 (934 download)

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Book Synopsis On the History and Method of Economics by : Frank Hyneman Knight

Download or read book On the History and Method of Economics written by Frank Hyneman Knight and published by . This book was released on 1963 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Frank Knight and the Chicago School in American Economics

Author : Ross B. Emmett
Publisher : Routledge
ISBN 13 : 113597442X
Total Pages : 251 pages
Book Rating : 4.1/5 (359 download)

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Book Synopsis Frank Knight and the Chicago School in American Economics by : Ross B. Emmett

Download or read book Frank Knight and the Chicago School in American Economics written by Ross B. Emmett and published by Routledge. This book was released on 2009-01-30 with total page 251 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book, Ross B.Emmett looks at Frank Knight's economics and philosophy, the nature of Chicago economics, his place in the Chicago tradition and also about the application of hermeneutic theory to the history of economics.

Henry George

Author : Laurence S. Moss
Publisher : John Wiley & Sons
ISBN 13 : 1444307061
Total Pages : 200 pages
Book Rating : 4.4/5 (443 download)

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Book Synopsis Henry George by : Laurence S. Moss

Download or read book Henry George written by Laurence S. Moss and published by John Wiley & Sons. This book was released on 2009-02-23 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: Containing important papers by various Georgist scholars, this bookhighlights the ideas and influence of Henry George as a politicaleconomist. Highlights the ideas and influence of Henry George Includes path-breaking work on Henry George’s renttheory Features in the Studies in Economic Reform and SocialJustice series

The Economic Organization

Author : Frank Knight
Publisher : Routledge
ISBN 13 : 1351304585
Total Pages : 209 pages
Book Rating : 4.3/5 (513 download)

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Book Synopsis The Economic Organization by : Frank Knight

Download or read book The Economic Organization written by Frank Knight and published by Routledge. This book was released on 2017-09-08 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: When originally released, Frank Hyneman Knight's The Economic Organization revitalized the teaching of economic theory in America during the 1930s, laying the foundation for the price theory revolution led by economists emerging from Knight's circle at The University of Chicago. Knight shows that when societies choose to allow market organization, their economy simultaneously solves the fundamental functions of valuation and efficiency. It also organizes the production and distribution of resources, providing incentives for progress. The Economic Organization provides a short introduction to the basic principles of supply, demand, and distribution that emerge from neoclassical price theory. The central role of the price mechanism in market organization is illustrated neatly by Knight's "wheel of wealth" the circular flow diagram most often identified with macroeconomic flows, but introduced here for price theoretic reasons. This version also includes his essay on "Utility and Cost," which provides a seamlessly integrated alternative-cost interpretation of neoclassical theory. This expanded edition of The Economic Organization includes a new introduction by Ross B. Emmett, which expands upon the short note on capital theory inserted in the original. Knight wrote three versions of the note for student use, and all three are included in the second chapter. Few books have changed the landscape of American economics and economic education as much as Knight's The Economic Organization. This book should be read by all economists, historians, and policy makers.

The Economic Organization

Author : Frank Hyneman Knight
Publisher : Transaction Publishers
ISBN 13 : 1412851785
Total Pages : 209 pages
Book Rating : 4.4/5 (128 download)

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Book Synopsis The Economic Organization by : Frank Hyneman Knight

Download or read book The Economic Organization written by Frank Hyneman Knight and published by Transaction Publishers. This book was released on 2013-06-01 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: When originally released, Frank Hyneman Knight's The Economic Organization revitalized the teaching of economic theory in America during the 1930s, laying the foundation for the price theory revolution led by economists emerging from Knight's circle at The University of Chicago. Knight shows that when societies choose to allow market organization, their economy simultaneously solves the fundamental functions of valuation and efficiency. It also organizes the production and distribution of resources, providing incentives for progress. The Economic Organization provides a short introduction to the basic principles of supply, demand, and distribution that emerge from neoclassical price theory. The central role of the price mechanism in market organization is illustrated neatly by Knight's "wheel of wealth"--the circular flow diagram most often identified with macroeconomic flows, but introduced here for price theoretic reasons. This version also includes his essay on "Utility and Cost," which provides a seamlessly integrated alternative-cost interpretation of neoclassical theory. This expanded edition of The Economic Organization includes a new introduction by Ross B. Emmett, which expands upon the short note on capital theory inserted in the original. Knight wrote three versions of the note for student use, and all three are included in the second chapter. Few books have changed the landscape of American economics and economic education as much as Knight's The Economic Organization . This book should be read by all economists, historians, and policy makers.

Dictionary of Modern American Philosophers

Author : John R. Shook
Publisher : A&C Black
ISBN 13 : 1843710374
Total Pages : 2759 pages
Book Rating : 4.8/5 (437 download)

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Book Synopsis Dictionary of Modern American Philosophers by : John R. Shook

Download or read book Dictionary of Modern American Philosophers written by John R. Shook and published by A&C Black. This book was released on 2005-01-01 with total page 2759 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Dictionary of Modern American Philosophers includes both academic and non-academic philosophers, anda large number of female and minority thinkers whose work has been neglected. It includes those intellectualsinvolved in the development of psychology, pedagogy, sociology, anthropology, education, theology, politicalscience, and several other fields, before these disciplines came to be considered distinct from philosophy in thelate nineteenth century.Each entry contains a short biography of the writer, an exposition and analysis of his or her doctrines and ideas, abibliography of writings, and suggestions for further reading. While all the major post-Civil War philosophers arepresent, the most valuable feature of this dictionary is its coverage of a huge range of less well-known writers,including hundreds of presently obscure thinkers. In many cases, the Dictionary of Modern AmericanPhilosophers offers the first scholarly treatment of the life and work of certain writers. This book will be anindispensable reference work for scholars working on almost any aspect of modern American thought.

The Elgar Companion to the Chicago School of Economics

Author : Ross B. Emmett
Publisher : Edward Elgar Publishing
ISBN 13 : 1849806667
Total Pages : 361 pages
Book Rating : 4.8/5 (498 download)

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Book Synopsis The Elgar Companion to the Chicago School of Economics by : Ross B. Emmett

Download or read book The Elgar Companion to the Chicago School of Economics written by Ross B. Emmett and published by Edward Elgar Publishing. This book was released on 2010-01-01 with total page 361 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many know the Chicago School of Economics and its association with Milton Friedman, George Stigler, Ronald Coase and Gary Becker. But few know the School's history and the full scope of its scholarship. In this Companion, leading scholars examine its history and key figures, as well as provide surveys of the School's contributions to central aspects of economics, including: price theory, monetary theory, labor and economic history. The volume examines the School's traditions of applied welfare theory and law and economics while providing a glimpse into emerging research on Chicago's role in the development of neoliberalism. A companion in the true sense of the word, this volume surveys a wide body of Chicago economic studies and guides readers carefully through each. The Companion offers biographies of leading Chicago economists and evaluations of the School's connection to approaches to economics that draw from and complement the School, including the Virginia School and the work of Armen Alchian and Edward Lazear. Moreover, this book is a first in many respects as it analyzes the interconnections of the Chicago School's theory, methodology, and policy, and considers by what means and ideas the School's policy framework is driven. The breadth and depth of the insights presented here will appeal especially to students and scholars of economics and historians interested in economics, social science and applied public policy.

Handbook on the History of Economic Analysis Volume I

Author : Gilbert Faccarello
Publisher : Edward Elgar Publishing
ISBN 13 : 1785366645
Total Pages : 812 pages
Book Rating : 4.7/5 (853 download)

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Book Synopsis Handbook on the History of Economic Analysis Volume I by : Gilbert Faccarello

Download or read book Handbook on the History of Economic Analysis Volume I written by Gilbert Faccarello and published by Edward Elgar Publishing. This book was released on 2016-07-27 with total page 812 pages. Available in PDF, EPUB and Kindle. Book excerpt: Volume I contains original biographical profiles of many of the most important and influential economists from the seventeenth century to the present day. These inform the reader about their lives, works and impact on the further development of the discipline. The emphasis is on their lasting contributions to our understanding of the complex system known as the economy. The entries also shed light on the means and ways in which the functioning of this system can be improved and its dysfunction reduced.

Research in the History of Economic Thought and Methodology

Author : Ross B. Emmett
Publisher : Emerald Group Publishing
ISBN 13 : 1780528248
Total Pages : 272 pages
Book Rating : 4.7/5 (85 download)

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Book Synopsis Research in the History of Economic Thought and Methodology by : Ross B. Emmett

Download or read book Research in the History of Economic Thought and Methodology written by Ross B. Emmett and published by Emerald Group Publishing. This book was released on 2012-07-17 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: A collection that includes both refereed articles and review essays of recently published books in the history of economic thought and methodology. It also includes articles that highlight the work of founding editor Warren J Samuels, American economists' role in the creation of federal trade acts, and Islamic economic methodology.

How Should Economists Choose?

Author : Ronald Harry Coase
Publisher : American Enterprise Institute Press
ISBN 13 :
Total Pages : 38 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis How Should Economists Choose? by : Ronald Harry Coase

Download or read book How Should Economists Choose? written by Ronald Harry Coase and published by American Enterprise Institute Press. This book was released on 1982 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Seven Essays on the Genealogy of Uncertainty

Author : Stephen Nash
Publisher : Ethics International Press
ISBN 13 : 1804416991
Total Pages : 357 pages
Book Rating : 4.8/5 (44 download)

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Book Synopsis Seven Essays on the Genealogy of Uncertainty by : Stephen Nash

Download or read book Seven Essays on the Genealogy of Uncertainty written by Stephen Nash and published by Ethics International Press. This book was released on 2024-09-30 with total page 357 pages. Available in PDF, EPUB and Kindle. Book excerpt: Uncertainty is critical to economic theory, mainly because it either supports, or undermines, many significant debates within economic theory. Despite the significance of uncertainty, this book represents the first attempt to comprehensively trace the genealogy of uncertainty, which is a procedure that Nietzsche used in relation to morality; one of the subjects that become logically redundant in the absence of uncertainty. On the one hand, this logical redundancy is problematic when considered in isolation, given the practical importance of morality. On the other hand, this logical redundancy becomes even more problematic, given that, at one time, uncertainty was widely accepted as an important part of the philosophical system. Here uncertainty played a pivotal role, in terms of explaining practical decision-making. Such an appreciation of uncertainty has recently been set aside by modern philosophy, which argues quantities of human labour provide virtually all economic value. Such an explanation of economic value excludes uncertainty, the many qualitative contributions of nature, and morality, even when one acknowledged the contribution to the understanding of uncertainty, as proposed by Frank Knight, in 1921. However, in contrast to Knight, who looked toward recent philosophy so as to support the existence of uncertainty, this genealogy looks to support the significance of uncertainty by understanding the philosophy that supported the idea of uncertainty for thousands of years, before the philosophy of John Locke. Specifically, Locke excludes uncertainty from the analysis of practical decision-making in general, and from economic decision-making in particular. Accordingly, it can be anticipated that the enclosed genealogy will assist economists to more adequately develop the idea of uncertainty within economic theory.

J.M. Keynes Versus F.H. Knight

Author : Yasuhiro Sakai
Publisher : Springer
ISBN 13 : 9811380007
Total Pages : 164 pages
Book Rating : 4.8/5 (113 download)

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Book Synopsis J.M. Keynes Versus F.H. Knight by : Yasuhiro Sakai

Download or read book J.M. Keynes Versus F.H. Knight written by Yasuhiro Sakai and published by Springer. This book was released on 2019-06-28 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book critically discusses and systematically compares J.M. Keynes and F. H. Knight, two giants in the history of economic thought. In 1921 they both published apparently similar books on risk, probability, and uncertainty. However, while Knight's contribution on risk and uncertainty is now well recognized, Keynes's work on probability and uncertainty has been somewhat ignored in the shadow of his more famous The General Theory of Employment, Interest and Money (1936). Focusing on an earlier yet equally important volume by Keynes, A Treatise on Probability (1921), this book sheds a light on his outstanding ideas and the lasting influence on his later works, including The General Theory. There are few books that systematically discuss Keynes and Knight, although there are remarkable comparisons between Keynes's concept of probability and uncertainty and Knight's distinction between a measurable risk and a non-measurable uncertainty. This timely book unifies Keynes and Knight into a new, comprehensive approach to a very complex human behavior

Elgar Companion to Herbert Simon

Author : Gerd Gigerenzer
Publisher : Edward Elgar Publishing
ISBN 13 : 1800370687
Total Pages : 355 pages
Book Rating : 4.8/5 (3 download)

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Book Synopsis Elgar Companion to Herbert Simon by : Gerd Gigerenzer

Download or read book Elgar Companion to Herbert Simon written by Gerd Gigerenzer and published by Edward Elgar Publishing. This book was released on 2024-04-12 with total page 355 pages. Available in PDF, EPUB and Kindle. Book excerpt: Honoring the life and work of Herbert Simon, this illuminating Companion provides an in-depth survey of one of the most prolific social scientists of our age. Mirroring the breadth of Simon’s studies, chapters analyze his contributions to artificial intelligence, economics, entrepreneurship, management, psychology and other fields.