One man with God is always a majority.
The possibility of saying anything about a thing rests on the assumption that it preserves its identity, or continues to be the same thing in the respect described, that it will behave in future situations as it has in past.
How in heaven's name can a nation with a $1 trillion surplus threaten so much scientific r...- David R.Gergen
Never let it be said that to dream is a waste of one’s time, for dreams are our realitie...- Unknown
Nothing in the past or future ever will feel like today.- Unknown
When you make a choice, you change the future.- Deepak Chopra
These days people seek knowledge, not wisdom. Knowledge is of the past, wisdom is of the f...- Vernon Cooper
Comments on: "Frank Knight Quotes: The possibility of saying anything about a thing rests on the assumption that..."
To promote a woman to bear rule, superiority, dominion, or empire above any realm, nation, or city, is repugnant to nature, contumely to God, a thing most contrarious to his revealed will and approved ordinance; and, finally, it is the subversion of good order, of all equity and justice.
I have been increasingly moved to wonder whether my job is a job or a racket, whether economists, and particularly economic theorists, may not be in the position that Cicero, citing Cato, ascribed to the augurs of Rome—that they should cover their faces or burst into laughter when they met on the street.
|Birth:||7th November, 1885|
|Death:||15th April, 1972|
Frank Hyneman Knight was born in McLean County, Illinois, USA. He was an American economist who spent most of his career at the University of Chicago, where he became one of the founders of the Chicago school. Nobel laureates Milton Friedman, George Stigler and James M. Buchanan were all students of Knight at Chicago. He earned a B.A. degree from Milligan College, in 1911. He earned a B.S. degree from University of Tennessee, in 1913. He earned a Ph.D. degree from Cornell University, in 1916. He was one of the world's leading economists, having made significant contributions to many problems of both economic theory and social philosophy. He is best known for his Risk Uncertainty and Profit, a monumental study of the role of the entrepreneur in economic life.
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