Risk, Uncertainty and Profit (Hardback or Cased Book)

Knight, Frank H.

ISBN 10: 1602060053 / ISBN 13: 9781602060050

Verlag: Cosimo Classics 11/1/2006, 2006

Beschreibung

Risk, Uncertainty and Profit 1.55.

Bestandsnummer des Verkäufers BBS-9781602060050

Bibliografische Details

• Titel: Risk, Uncertainty and Profit (Hardback or Cased Book)
• Verlag: Cosimo Classics 11/1/2006
• Erscheinungsjahr: 2006
• Sprache: Englisch
• ISBN-10: 1602060053
• ISBN-13: 9781602060050
• Einband: Hardback or Cased Book
• Zustand: New
• Buchtyp: Book

Über diesen Titel

Inhaltsangabe

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.