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...

Volume 39C of Research in the History of Economic Thought and Methodology, features a symposium marking the 100th anniversary of the publication of Frank H. Knight's Risk, Uncertainty, and Profit. The symposium features contributions from Per Bylund, Richard E. Wagner, our own Carlos Eduardo...

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...