The ethical implications of uncertainty to Knight and to Keynes

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Chapter 4 in Ethics and Uncertainty, 2000, pp 51-70 from Edward Elgar Publishing

Abstract: Ethics and Uncertainty explores how two economists, who both placed ‘uncertainty’ at the heart of their economic theories, come to drastically different and opposing policy recommendations. The volume illustrates that the important lesson to learn from both Knight and Keynes is that ethics and the desire to improve mankind should be the focus of economic enquiry.

Keywords: Economics and Finance (search for similar items in EconPapers)
Date: 2000
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