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J.M. Keynes Versus F.H. Knight: Risk, Probability, and Uncertainty

By Yasuhiro Sakai
eBook
$119.00
By Yasuhiro Sakai
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This book critically discusses and systematically compares J.M. Keynes and F. H. Knight, two giants in the history of economic thought. In 1921 they both published apparently similar books on risk, probability, and uncertainty. However, while Knight's contribution on risk and uncertainty is now well recognized, Keynes's work on probability and uncertainty has been somewhat ignored in the shadow of his more famous The General Theory of Employment, Interest and Money (1936). Focusing on an ea...

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