Economics

Risk, Uncertainty, and Profit in Retrospect

ABSTRACT

This virtual conference explored how much Knight's insights in Risk, Uncertainty and Profit, one hundred years after it was published, helped us assess the modern theory of entrepreneurship and the role of entrepreneurial activity in a society of free and responsible individuals.

READING LIST

Conference Readings

Knight, Frank H. Freedom and Reform: Essays in Economics and Social Philosophy. Indianapolis: LibertyPress, 1947, 1982.

Knight, Frank H. Risk, Uncertainty and Profit. London: Forgotten Books, 2012.

Wagner, Richard. “James Buchanan and George Stigler: Divergent Legacies from Frank Knight.” George Mason University, GMU Department of Economics, November 14, 2017.