Search results for " Frank H."

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Two minds that never met: Frank H. knight on john M. keynes once again — A documentary note

2016

This note presents new archival evidence about Frank H. Knight’s views on John M. Keynes. The relevant material is composed of a series of lecture notes taken by Perham C. Nahl in Frank H. Knight’s course on Business Cycles at the University of California at Berkeley in the fall of 1936. It emerges from the notes that the methodological gap between Keynes and Knight was irreducible, which explains the harsh tone of Knight’s published review of The General Theory. Connected to this is Knight’s strenuous defense of the ‘postulates of classical political economy’ as criticized by Keynes in chapter 2 of his book, an argument that was better expounded in the classroom than in the review. However…

ChicagoThe general theorySettore SECS-P/04 - Storia Del Pensiero EconomicoChicago The General Theory John M. Keynes Frank H. KnightFrank H. KnightJohn M. Keyne
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John M. Clark and frank H. Knight on the adding-up theorem, overhead costs, and more

2018

This note offers new archival insight into a 1925 polemical exchange between Frank Knight and John Maurice Clark that was hosted in the pages of Journal of Political Economy. Although the exchange centered on the effects of overhead costs on marginal productivity theory and the so-called adding-up theorem, it also provided significant elements to assess the methodological differences between two of the most representative American economists of the interwar years.

Marginal productivity theoryKnightSettore SECS-P/04 - Storia Del Pensiero EconomicoClarkFrank HJohn M.adding-up theoreminstitutionalismJohn MKnight Frank H.
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