Frank H. Knight (1885-1972) was a central figure in the development of the "Chicago School of Economics" at the University of Chicago in the 1930s and 1940s, where he taught future Nobel laureates Milton Friedman, James Buchanan, George Stigler and many others. It was Knight's embedded scepticism about the reach of economic knowledge that set the ...
Frank H. Knight (1885-1972) was a central figure in the development of the "Chicago School of Economics" at the University of Chicago in the 1930s and 1940s, where he taught future Nobel laureates Milton Friedman, James Buchanan, George Stigler and many others. It was Knight's embedded scepticism about the reach of economic knowledge that set the ...
Over the last twenty years, Ross B. Emmett has explored the work of Frank H. Knight, the philosopher of the Chicago School of economics. Knight occupies a paradoxical place in the history of Chicago economics: vital to the tradition's teaching of price theory and the twentieth-century re-articulation of the defense of free enterprise and liberal ...
Volume 23B of this research annual presents eight sets of lecture notes taken in 1933-4 by F. Taylor Ostrander at the University of Chicago. The notes are from courses given by Frank H. Knight, Henry C. Simons, and Melchior Palyi. The materials provide insight into the first generation of the Chicago School.
The series presents materials in two fields, the history of economic thought, and the methodology of economics, both broadly considered. The main annual volumes present articles comparable to what one would find in a journal, except that long pieces are welcome. Also presented are review essays on new works in the two fields, some of which are ...
Periods of euphoria followed by sudden crashes are a familiar phenomenon in economics. Such events have become known as "bubbles". A bubble may be defined loosely as a sharp rise in price of an asset or a range of assets in a continuous process, with the initial rise generating expectations of further rises and attracting new buyers. The rise is ...
The series presents materials in two fields, the history of economic thought, and the methodology of economics, both broadly considered. The main annual volumes present articles comparable to what one would find in a journal, except that long pieces are welcome. Also presented are review essays on new works in the two fields, some of which are ...
"Volume 25-A" has two parts. The first contains journal-like articles that have been refereed in the usual journal peer-review processes. The second contains lengthy commissioned review essays on books within the purview of the interests of the annual. "Volumes 25-B and C" publish archival materials. These materials are for the most part sets of ...
The home of more Nobel Laureates than any other institution, the University of Chicago has a unique place in the development of economics, fostering the work of some of the most influential and controversial economists of the twentieth century, including Frank Knight, Milton Friedman and Gary Becker. Today the Chicago School is seen as the single ...
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