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Jottings on Value: April 10, 1926

Ross B. Emmett

A chapter in Frank H. Knight in Iowa City, 1919–1928, 2011, pp 367-369 from Emerald Group Publishing Limited

Abstract: N.B. The more I reflect about economic ethics and social criticism, the clearer it is that socialism, equalitarianism, and radicalism egregiously neglect this aspect of the “competitive system.” Two questions:how farthe things is a game, as against a means of providing real goods, and what kind of a game, how good, and how to make it better. It is undoubtedly true to some extent that people need to be taught to be and to be “better sports” when they come out at the little end of inequality.

Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:eme:rhetzz:s0743-4154(2011)000029b041

DOI: 10.1108/S0743-4154(2011)000029B041

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