J.M. Keynes Versus F.H. Knight Book Reviews
J.M. Keynes Versus F.H. Knight by Yasuhiro Sakai Book Summary
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
Book Name | J.M. Keynes Versus F.H. Knight |
Genre | Economics |
Author | Yasuhiro Sakai |
Published | 28 June 2019, Friday |
Language | English |
E-Book Size | 3.28 MB |
J.M. Keynes Versus F.H. Knight (Yasuhiro Sakai) Book Reviews 2024
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Summary of J.M. Keynes Versus F.H. Knight by Yasuhiro Sakai
The J.M. Keynes Versus F.H. Knight book written by Yasuhiro Sakai was published on 28 June 2019, Friday in the Economics category. A total of 62 readers of the book gave the book 0 points out of 5.
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