Risk, Uncertainty and Profit was published in 1921, but started as the doctoral thesis “A Theory of Business Profit,” defended in 1916. The first half of the paper examines the changes in organization and argument that Knight undertook between completing the thesis defense and the book’s...

This draft chapter for the Elgar International Handbook on Teaching and Learning Economics is intended to give advice to instructors who might be teaching a history of economic thought course to undergraduates for the first time or who have perhaps been teaching for a while but would like to...

This draft chapter for the Elgar International Handbook on Teaching and Learning Economics is intended to give advice to instructors who might be teaching a history of economic thought course to undergraduates for the first time or who have perhaps been teaching for a while but would like to...

Few economists speak of talk in considering human interaction. Deirdre McCloskey is one who does. The paper considers what it means to take talk seriously, its connection to moral philosophy, and to innovation

Frank H. Knight's classic, Risk, Uncertainty and Profit, became a standard textbook and reference for students at the University of Chicago, the London School of Economics and Political Science, and elsewhere from the 1930s until at least the 1950s. Knight never published new or revised editions...

This draft chapter for the Elgar International Handbook on Teaching and Learning Economics is intended to give advice to instructors who might be teaching a history of economic thought course to undergraduates for the first time or who have perhaps been teaching for a while but would like to...

The last two chapters of Frank H. Knight’s Risk, Uncertainty and Profit are seldom cited and frequently ignored. But in those chapters, Knight moves from entrepreneurial judgment and organizational strategies to meet the challenges uncertainty presents at the firm level to the wider question...

I trace the arc of my thinking about political economy and Christian theology from my early interactions with the work of Richard Whately and Frank Knight to more recent economic and theological reflections on innovation. The general theme is that life is more than economics, despite the...

This draft chapter for the Elgar International Handbook on Teaching and Learning Economics is intended to give advice to instructors who might be teaching a history of economic thought course to undergraduates for the first time or who have perhaps been teaching for a while but would like to...