Knight, Frank H(yneman)

Knight, Frank H(yneman)
born Nov. 7, 1885, White Oak township, McLean county, Ill., U.S.
died April 15, 1972, Chicago, Ill.

U.S. economist.

He received his Ph.D. from Cornell University in 1916. He taught at the University of Chicago from 1927 to 1952; Milton Friedman was one of the many students he influenced. His book Risk, Uncertainty and Profit (1921) distinguished between insurable and uninsurable risks and asserted that profit was the reward entrepreneurs earned for bearing uninsurable risk. His monograph "Economic Organization" is a classic exposition of microeconomic theory. He is considered the founder of the Chicago school of economics.

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Universalium. 2010.

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  • Knight, Frank H(yneman) — (7 nov. 1885, White Oak township, Condado de McLean, Ill., EE.UU.–15 abr. 1972, Chicago, Ill.). Economista estadounidense. Se doctoró en la Universidad de Cornell en 1916. Fue profesor de la Universidad de Chicago de 1927 a 1952. Milton Friedman… …   Enciclopedia Universal

  • Frank — Frank, Karl Hermann Frank, Leonhard Frank, ll´ja Michailovič * * * (as used in expressions) Baum, L(yman) Frank Buckley, William F(rank), Jr. Burnet, Sir (Frank) Macfarlane Capra, Frank Chapman, Frank Michler Frank James Cooper …   Enciclopedia Universal

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