Risk, Uncertainty and Profit by Frank H. Knight

Risk, Uncertainty and Profit

Frank H. Knight

400 pages first pub 1921 (editions)

nonfiction business economics challenging informative reflective slow-paced
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A timeless classic of economic theory that remains fascinating and pertinent today, this is Frank Knight's famous explanation of why perfect competition cannot eliminate profits, the important differences between "risk" and "uncertainty," and the ...

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