Arguments for social interference developed by Pigou and Graham illustrate common
misinterpretations of the meaning of cost and its variation with output, 582. — I. The private owner …

The central position of the value problem in economic policy. — The necessity of formulating
ideals, of an “absolute ethics,” 583. — Outline of article, 584. — I. Contrast between theory …

… The editors wish to acknowledge their great indebtedness to the distinguished author,
Professor Knight, for providing an additional embellishment in the shape of an extensive …

… Frank Knight by taking him on his own terms. Among OUT conclusions are the following. (1)
Knight… For decades now, economists have struggled to interpret Frank Knight’s Risk, …

… My own relationship to Frank Knight in this respect is, I think, quite different from the more
Straightforward teacherºsciple connection. When confronted with an intellectual. Pilosophical “…

The Ethics of Competition is a book of Frank H. Knight's writings on a common theme: the
problem of social control and its various implications. Knight believed in free economic …

IT SEEMS that a great many thoughtful people in the world are like Pontius Pilate in that
they ask the question of our title, but" do not wait for an answer." But a considerable number …

This is the widely heralded work for the best adverse criticism of which a prize of five thousand
dollars is offered. The authors set tlemselves the familiar task of analyzing the economic …

N VARIOUS occasions the present writer has made brief statements to the effect that under
conditions at all like those of real life, but in the absence of technical innovation, the rate of …

In so far as the term “profit” has any fairly concrete and generally understood meaning, it
designates the income accruing to the owner of a business or productive “enterprise,” through …