“The truth seems . . . to be that in the ultimate and essential problem the economic factor is relatively superficial and unimportant.”
Quote by Frank Knight
Work
Selected Essays by Frank H. Knight, Volume 2: Laissez Faire: Pro and Con
In this second volume of his selected essays, Frank H. Knight delves into the economic concept of laissez-faire, examining its principles and the contrasting viewpoints regarding its application. The essays provide a comprehensive analysis of the economic theory, offering insights into its proponents' arguments and the counterarguments against it. more
Author
Frank Knight
Frank Knight was an American economist born on November 7, 1885, and died on April 15, 1972. He is renowned for his contributions to the theory of risk and uncertainty in economics. more
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