Selected Essays by Frank H. Knight, Volume 2

Selected Essays by Frank H. Knight, Volume 2 PDF Author: Frank H. Knight
Publisher: University of Chicago Press
ISBN: 9780226446974
Category : Business & Economics
Languages : en
Pages : 466

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Book Description
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.

Selected Essays by Frank H. Knight, Volume 1

Selected Essays by Frank H. Knight, Volume 1 PDF Author: Frank H. Knight
Publisher: University of Chicago Press
ISBN: 9780226446950
Category : Business & Economics
Languages : en
Pages : 448

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Book Description
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.

Frank Knight and the Chicago School in American Economics

Frank Knight and the Chicago School in American Economics PDF Author: Ross B. Emmett
Publisher: Routledge
ISBN: 113597442X
Category : Business & Economics
Languages : en
Pages : 251

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Book Description
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.

Risk, Uncertainty and Profit

Risk, Uncertainty and Profit PDF Author: Frank H. Knight
Publisher: Courier Corporation
ISBN: 0486147932
Category : Business & Economics
Languages : en
Pages : 450

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Book Description
DIVThis enduring economics text provided the theoretical basis of the entrepreneurial American economy during the post-industrial era. A revolutionary work, it taught the world how to systematically distinguish between risk and uncertainty. /div

The Elgar Companion to the Chicago School of Economics

The Elgar Companion to the Chicago School of Economics PDF Author: Ross B. Emmett
Publisher: Edward Elgar Publishing
ISBN: 1849806667
Category : Business & Economics
Languages : en
Pages : 361

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Book Description
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.

Research in the History of Economic Thought and Methodology

Research in the History of Economic Thought and Methodology PDF Author: Ross B. Emmett
Publisher: Emerald Group Publishing
ISBN: 1780528256
Category : Business & Economics
Languages : en
Pages : 272

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Book Description
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.

On the History and Method of Economics

On the History and Method of Economics PDF Author: Frank Hyneman Knight
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 308

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Book Description


Derivatives and the Wealth of Societies

Derivatives and the Wealth of Societies PDF Author: Benjamin Lee
Publisher: University of Chicago Press
ISBN: 022639283X
Category : Business & Economics
Languages : en
Pages : 323

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Book Description
The contributors to this volume draw upon their deep backgrounds in finance, the social sciences, arts, and the humanities to create a new way of understanding derivative capitalism that does justice to its technical, social, and cultural dimensions. The financial crisis of 2008 demonstrated both that derivatives are capable of producing great wealth and that their deregulation and privatization cannot control the risks that they produce. A popular reaction is to focus on the regulation or abolition of derivative finance. These authors take a different tack and instead raise the question: if we should want access to the wealth that derivatives are capable of producing, what kind of social institutions and policies would be needed to make such wealth production work for the benefit of all of us? Since this question goes to the very heart of what kind of society is most desirable, the volume argues that we need both a social understanding of the derivative and a derivative understanding of the social. The derivative reading of the social employs a small set of financial concepts to understand certain defining dimensions of contemporary reality. The central concept is that of volatility and its relations to risk, uncertainty, hedging, optionality, and arbitrage. The social reading of the derivative involves anthropological discussions of the gift, ritual, play, and performativity and provides us with frames of embodiment for analyzing, through action and event, the ways derivatives do their work.

Dictionary of Modern American Philosophers

Dictionary of Modern American Philosophers PDF Author: John R. Shook
Publisher: A&C Black
ISBN: 1843710374
Category : Philosophy
Languages : en
Pages : 2759

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Book Description
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.

Liberalism, Conservatism, and Hayek's Idea of Spontaneous Order

Liberalism, Conservatism, and Hayek's Idea of Spontaneous Order PDF Author: P. McNamara
Publisher: Springer
ISBN: 0230609228
Category : Political Science
Languages : en
Pages : 233

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Book Description
For Hayek, spontaneous order - the emergence of complex order as the unintended consequence of individual actions that have no such end in view - is both the origin of the Great Society and its underlying principle. These sometimes critical essays assess Hayek's position and argue that his work can inform contemporary social and political dilemmas.