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Lionel Robbins & Friedrich Hayek were two of those who did the  
most to emphasize and promote the significance of the "perfect  
knowledge" assumption in economics. It is my perception that both  
Robbins & Hayek derived this language, and much of there  
understanding of the significance of the "perfect knowledge'  
assumption from Knight's _Risk, Uncertainty and Profit_.  At the  
LSE in the 1930's the first-half (not insignificant) of Knight's _Risk,  
Uncertainty and Profit_ was used as the equivalent of the standard  
textbook in economics.   
 
Greg Ransom, MiraCosta College 
 
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