Jm Keynes Versus Fh Knight PDF Download
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Author | : Yasuhiro Sakai |
Publisher | : Springer |
Total Pages | : 157 |
Release | : 2019-06-28 |
Genre | : Business & Economics |
ISBN | : 9811380007 |
Download J.M. Keynes Versus F.H. Knight Book in PDF, ePub and Kindle
This book critically discusses and systematically compares J.M. Keynes and F. H. Knight, two giants in the history of economic thought. In 1921 they both published apparently similar books on risk, probability, and uncertainty. However, while Knight's contribution on risk and uncertainty is now well recognized, Keynes's work on probability and uncertainty has been somewhat ignored in the shadow of his more famous The General Theory of Employment, Interest and Money (1936). Focusing on an earlier yet equally important volume by Keynes, A Treatise on Probability (1921), this book sheds a light on his outstanding ideas and the lasting influence on his later works, including The General Theory. There are few books that systematically discuss Keynes and Knight, although there are remarkable comparisons between Keynes's concept of probability and uncertainty and Knight's distinction between a measurable risk and a non-measurable uncertainty. This timely book unifies Keynes and Knight into a new, comprehensive approach to a very complex human behavior
Author | : 酒井泰弘 |
Publisher | : |
Total Pages | : |
Release | : 2019 |
Genre | : Electronic books |
ISBN | : 9789811380013 |
Download J.M. Keynes Versus F.H. Knight Book in PDF, ePub and Kindle
This book critically discusses and systematically compares J.M. Keynes and F.H. Knight, two giants in the history of economic thought. In 1921 they both published apparently similar books on risk, probability, and uncertainty. However, while Knight's contribution on risk and uncertainty is now well recognized, Keynes's work on probability and uncertainty has been somewhat ignored in the shadow of his more famous The General Theory of Employment, Interest and Money (1936). Focusing on an earlier yet equally important volume by Keynes, A Treatise on Probability (1921), this book sheds a light on his outstanding ideas and the lasting influence on his later works, including The General Theory. There are few books that systematically discuss Keynes and Knight, although there are remarkable comparisons between Keynes's concept of probability and uncertainty and Knight's distinction between a measurable risk and a non-measurable uncertainty. This timely book unifies Keynes and Knight into a new, comprehensive approach to a very complex human behavior.--
Author | : William B. Greer |
Publisher | : Edward Elgar Publishing |
Total Pages | : 168 |
Release | : 2000-01-01 |
Genre | : Business & Economics |
ISBN | : 9781781959312 |
Download Ethics and Uncertainty Book in PDF, ePub and Kindle
This study explores how two economists, who both placed "uncertainty" at the heart of their economic theories, came to drastically different and opposing policy recommendations. The volume illustrates the important lesson to be learned from Keynes and Knight.
Author | : Phil Faulkner |
Publisher | : |
Total Pages | : |
Release | : 2021 |
Genre | : |
ISBN | : |
Download Special Issue: F. H. Knight's Risk, Uncertainty, and Profit and J. M. Keynes' Treatise on Probability After 100 Years Book in PDF, ePub and Kindle
Author | : Frank H. Knight |
Publisher | : Cosimo, Inc. |
Total Pages | : 401 |
Release | : 2006-11-01 |
Genre | : Business & Economics |
ISBN | : 1602060053 |
Download Risk, Uncertainty and Profit Book in PDF, ePub and Kindle
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 vital role of the entrepreneur in profitmaking. Based on Knight's PhD dissertation, this 1921 work, balancing theory with fact to come to stunning insights, is a distinct pleasure to read. FRANK H. KNIGHT (1885-1972) is considered by some the greatest American scholar of economics of the 20th century. An economics professor at the University of Chicago from 1927 until 1955, he was one of the founders of the Chicago school of economics, which influenced Milton Friedman and George Stigler.
Author | : John Maynard Keynes |
Publisher | : Springer |
Total Pages | : 404 |
Release | : 2018-07-20 |
Genre | : Business & Economics |
ISBN | : 3319703447 |
Download The General Theory of Employment, Interest, and Money Book in PDF, ePub and Kindle
This book was originally published by Macmillan in 1936. It was voted the top Academic Book that Shaped Modern Britain by Academic Book Week (UK) in 2017, and in 2011 was placed on Time Magazine's top 100 non-fiction books written in English since 1923. Reissued with a fresh Introduction by the Nobel-prize winner Paul Krugman and a new Afterword by Keynes’ biographer Robert Skidelsky, this important work is made available to a new generation. The General Theory of Employment, Interest and Money transformed economics and changed the face of modern macroeconomics. Keynes’ argument is based on the idea that the level of employment is not determined by the price of labour, but by the spending of money. It gave way to an entirely new approach where employment, inflation and the market economy are concerned. Highly provocative at its time of publication, this book and Keynes’ theories continue to remain the subject of much support and praise, criticism and debate. Economists at any stage in their career will enjoy revisiting this treatise and observing the relevance of Keynes’ work in today’s contemporary climate.
Author | : Jeff E. Biddle |
Publisher | : Emerald Group Publishing Limited |
Total Pages | : 0 |
Release | : 2013-11-19 |
Genre | : Business & Economics |
ISBN | : 9781783500628 |
Download A Research Annual and Documents Related to John Maynard Keynes, Institutionalism at Chicago & Frank H. Knight Book in PDF, ePub and Kindle
Research in the History of Economic Thought and Methodology is an annual series which presents research materials in the fields of the history of economic thought and the methodology of economics.
Author | : Jeff E. Biddle |
Publisher | : Emerald Group Publishing Limited |
Total Pages | : 0 |
Release | : 2013-11-01 |
Genre | : Business & Economics |
ISBN | : 9781783500604 |
Download Documents Related to John Maynard Keynes, Institutionalism at Chicago & Frank H. Knight Book in PDF, ePub and Kindle
Research in the History of Economic Thought and Methodology is an annual series which presents research materials in the fields of the history of economic thought and the methodology of economics.
Author | : John Maynard Keynes |
Publisher | : Atlantic Publishers & Dist |
Total Pages | : 410 |
Release | : 2016-04 |
Genre | : Business & Economics |
ISBN | : 9788126905911 |
Download General Theory Of Employment , Interest And Money Book in PDF, ePub and Kindle
John Maynard Keynes is the great British economist of the twentieth century whose hugely influential work The General Theory of Employment, Interest and * is undoubtedly the century's most important book on economics--strongly influencing economic theory and practice, particularly with regard to the role of government in stimulating and regulating a nation's economic life. Keynes's work has undergone significant revaluation in recent years, and "Keynesian" views which have been widely defended for so long are now perceived as at odds with Keynes's own thinking. Recent scholarship and research has demonstrated considerable rivalry and controversy concerning the proper interpretation of Keynes's works, such that recourse to the original text is all the more important. Although considered by a few critics that the sentence structures of the book are quite incomprehensible and almost unbearable to read, the book is an essential reading for all those who desire a basic education in economics. The key to understanding Keynes is the notion that at particular times in the business cycle, an economy can become over-productive (or under-consumptive) and thus, a vicious spiral is begun that results in massive layoffs and cuts in production as businesses attempt to equilibrate aggregate supply and demand. Thus, full employment is only one of many or multiple macro equilibria. If an economy reaches an underemployment equilibrium, something is necessary to boost or stimulate demand to produce full employment. This something could be business investment but because of the logic and individualist nature of investment decisions, it is unlikely to rapidly restore full employment. Keynes logically seizes upon the public budget and government expenditures as the quickest way to restore full employment. Borrowing the * to finance the deficit from private households and businesses is a quick, direct way to restore full employment while at the same time, redirecting or siphoning
Author | : Don Patinkin |
Publisher | : University of Chicago Press |
Total Pages | : 320 |
Release | : 1984-11 |
Genre | : Biography & Autobiography |
ISBN | : 9780226648743 |
Download Anticipations of the General Theory? Book in PDF, ePub and Kindle
This book examines the much-debated question of whether John Maynard Keynes' greatest work—The General Theory of Employment Interest and Money—was an instance of Mertonian simultaneous scientific discovery. In part I of this study, Don Patinkin argues for Keynes' originality, rejecting the claims of the Stockholm school and the Polish economist Michal Kalecki. Patinkin shows that the theoretical problems to which the Stockholm school and Kalecki devoted their attention largely differed from those of the General Theory and that, even when the problem addressed was similar, the treatment they accorded it was not part of their central messages. In the remaining parts of the book Patinkin presents a critique of Keynes' theory of effective demand and discusses Keynes' monetary theory and policy thinking, as well as the relationship between the respective developments of Keynesian theory and national income accounting in the 1930s.