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Risk, Uncertainty and Profit

Language EnglishEnglish
Book Hardback
Book Risk, Uncertainty and Profit Frank H. Knight
Libristo code: 12361452
Publishers Cosimo Classics, October 2006
A timeless classic of economic theory that remains fascinating and pertinent today, this is Frank Kn... Full description
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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.

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About the book

Full name Risk, Uncertainty and Profit
Author Frank H. Knight
Language English
Binding Book - Hardback
Date of issue 2006
Number of pages 400
EAN 9781602060050
ISBN 1602060053
Libristo code 12361452
Publishers Cosimo Classics
Weight 703
Dimensions 147 x 221 x 41

Categories

Economics, Finance, Business & Management > Economics > Microeconomics
Economics, Finance, Business & Management > Business & Management > Entrepreneurship
Technology, Engineering, Agriculture > Other technologies & applied sciences > Military engineering
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