Knight contra mundum
David Cowan
Additional contact information
David Cowan: Boston College
Chapter 4 in Frank H. Knight, 2016, pp 99-127 from Palgrave Macmillan
Abstract:
Abstract There is an element in Knight’s career that gives the impression he was against the world. He founded the Chicago school, but they subsequently took somewhat different paths. He had close affinities with the Austrian School, but had some serious points of difference. He shared some of the social concerns of Keynes, and yet despite even sharing some fundamental assumptions, Knight ended up diametrically opposed to his conclusions. While he had great interest in socialism and Marxism, going back to his early study visit to Germany, he was greatly opposed to such schools of thought. It seemed that it was indeed Knight the prophet contra mundum, or at least at odds with the world of intellectual economic endeavour. This chapter will look at these oppositions, except for Chicago which was examined briefly in the opening chapter, but let us first consider the Austrians.
Keywords: Interest Rate; Business Cycle; Capital Good; Production Period; Austrian School (search for similar items in EconPapers)
Date: 2016
References: Add references at CitEc
Citations:
There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:pal:gtechp:978-1-137-46211-4_4
Ordering information: This item can be ordered from
http://www.palgrave.com/9781137462114
DOI: 10.1057/978-1-137-46211-4_4
Access Statistics for this chapter
More chapters in Great Thinkers in Economics from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().