Economics and International Affairs Blog

A politically independent blog by Vivekanand Jayakumar

Monday, November 25, 2024

Knightian Uncertainty

The Certainty of Uncertainty
https://www.nytimes.com/2024/11/25/opinion/economics-business-risk.html 

Related: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4662711

Risk, Uncertainty and Profit by Frank Knight (1921)

https://fraser.stlouisfed.org/files/docs/publications/books/risk/riskuncertaintyprofit.pdf

at November 25, 2024
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