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Societies for the History of Economics

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Subject:
From:
David Mitch <[log in to unmask]>
Reply To:
Societies for the History of Economics <[log in to unmask]>
Date:
Mon, 14 Dec 2009 08:08:53 -0500
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Aside from Knight's actual intent, how was Risk, Uncertainty, and Profit
interpreted by Reviewers/commentators when it came out on whether profit
should be attributed to luck or entrepreneurial judgment?  Did some
commentators view Knight's book as a challenge to a neoclassical
interpretation of profit as a reward to entrepreneurial judgment?

I would be interested in what observations Ross or others might have on this.

Thanks,

David Mitch

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