One man with God is always a majority.
Frank Knight Quotes
I have been increasingly moved to wonder whether my job is a job or a racket, whether economists, and particularly economic theorists, may not be in the position that Cicero, citing Cato, ascribed to the augurs of Rome---that they should cover their faces or burst into laughter when they met on the street.
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| Birth: | 7th November, 1885 |
| Death: | 15th April, 1972 |
| Nationality: | American |
| Profession: | Economist |
About
Frank Hyneman Knight was born in McLean County, Illinois, USA. He was an American economist who spent most of his career at the University of Chicago, where he became one of the founders of the Chicago school. Nobel laureates Milton Friedman, George Stigler and James M. Buchanan were all students of Knight at Chicago. He earned a B.A. degree from Milligan College, in 1911. He earned a B.S. degree from University of Tennessee, in 1913. He earned a Ph.D. degree from Cornell University, in 1916. He was one of the world's leading economists, having made significant contributions to many problems of both economic theory and social philosophy. He is best known for his Risk Uncertainty and Profit, a monumental study of the role of the entrepreneur in economic life.
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