Economics today is a model building and testing science. But scientific economics was not always understood in terms of models. Economics first emerged as a separate field of scientific study in post-bellum America. The laissez-faire orientation of early American moral philosophy gave way to...

The last two chapters of Frank H. Knight’s Risk, Uncertainty and Profit are seldom cited and frequently ignored. But in those chapters, Knight moves from entrepreneurial judgment and organizational strategies to meet the challenges uncertainty presents at the firm level to the wider question...

The paper uses the occasion of Frank Knight's return to the Committee on Social Thought at the University of Chicago in 1952 to link Knight's disagreements with Hayek during the 1950s and 1960s, when they were both members of the Committee, with his disagreements with Nef and Hutchins during the...

The late Warren J. Samuels saw intellectual history as an integral part of his economic scholarship. As an intellectual history he sought to elucidate a past economist's general theory of economic policy in order to assess the relevance of that policy approach to contemporary settings. For...

Paper presented at "The Legacy of Chicago Economics" conference at the Becker-Friedman Institute for Economic Research, The University of Chicago, October 5, 2015. A survey of Frank Knight's contribution to the Chicago School, and a consideration of how the School moved away from Knight's...

Formal modelling vs / Daniele Besomi -- Ghazanfar's Medieval Islamic economic thought / Salim Rashid -- New light on Malthus : the Kanto Gakuen collection / A.M.C. Waterman -- Postmodernism, H.A. Innis, and the media of communication / Robin Neill -- Was Shakespeare an economic thinker? /...

section 1. Getting the feet wet -- section 2. Diving into the murky waters -- section 3. Submerged in the sea -- section 4. Related documents of interest -- section 5. Letters from the pen of Henry George and others

Wesley Clair Mitchell on eugenics : a note / Luca Fiorito, Tiziana Foresti -- The final triumph of Adam Smith? / Udayan Roy -- Backhaus and Drechsler's Friedrich Nietzsche : Did Nietzsche say anything to economists or about economics? / John Linarelli -- Le Gall's A history of econometrics in...

Many know the Chicago School of Economics and its association with Milton Friedman, George Stigler, Ronald Coase and Gary Becker. But few know the School's history and the full scope of its scholarship. In this Companion, leading scholars examine its history and key figures, as well as provide...