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Cosimo Classics
Risk, Uncertainty and Profit : 9781602060050
Product Code:
9781602060050
ISBN13:
9781602060050
Condition:
New
$39.52
Risk, Uncertainty and Profit : 9781602060050
$39.52
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.
| Author: Frank H. Knight |
| Publisher: Cosimo Classics |
| Publication Date: Nov 01, 2006 |
| Number of Pages: 400 pages |
| Binding: Hardback or Cased Book |
| ISBN-10: 1602060053 |
| ISBN-13: 9781602060050 |
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