James M. Buchanan revisited his mentor's famous 1923 essay “The Ethics of Competition” in an essay written for the centenary celebration of Frank Knight's birth in 1985. Buchanan's paper focused on the first section of Knight's essay, and outlined why it provided an inadequate criticism of a...

Frank H. Knight's antagonism to religion is well-known, and features prominently in his writings from the 1930s on. But during the 1920s, when he was a professor at the University of Iowa and wrote some of his most important essays on the limitations of economics, Knight was an active...

Mit der Formulierung der Allgemeinen Gleichgewichtstheorie liegt ein systematischer Ansatz in der ökonomischen Theoriegeschichte vor, die ökonomische Wissenschaft als eine den Naturwissenschaften analoge, exakte Wissenschaftsdisziplin auszuweisen und von der Moralsphäre abzugrenzen. Dieses...