Selected Essays by Frank H. Knight, Volume 2

Selected Essays by Frank H. Knight, Volume 2

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Frank H. Knight (1885-1972) was a central figurea€”many say the dominant influencea€”in the development of the qChicago School of Economicsq 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: qWhat is Truthq 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 qSocialism: The Nature of the Problemq and qThe Sickness of Liberal Society.q 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.These twenty-nine essays together not only stand as a monument to one of economicsa#39; most significant and original thinkers, but will also serve as an invaluable ... ROSS B. EMMETT is John P. Tandberg Chair and Associate Professor of Economics at Augustana University College. Jacket photo: Frank H. Knight. Courtesy of the Department of Special Collections, the University of Chicago Library.

Title:Selected Essays by Frank H. Knight, Volume 2
Author: Frank H. Knight, Ross B. Emmett
Publisher:University of Chicago Press - 1999

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