This book argues for the reconsideration of Frank Knight and the Chicago School of Economic thought in a post-Financial Crisis world. The author posits that the discussion of the founder of "Knightian Uncertainty" can reveal new insights into what the economy can do for society, as his prophetic insights can offer a view into the soul of the modern economy. The book first considers Frank Knight's early history and the unfolding of his economic philosophy before going on to evaluate his enduring legacy. All those interested in the influence of political and religious philosophy on economics will be delighted to discover the lasting impact of this great economic thinker.
About the Author
David Cowan is a communications advisor to global corporations, author and a visiting scholar at Boston College, USA. He has worked for numerous financial and industrial organizations, with over 25 years of experience, and he has written for many publications including the Journal of Theological Studies. He studied at Glasgow (UK), Oxford (UK) and St Andrews (UK), where he earned his
PhD in the schools of Divinity and International Relations.
Table of Contents
.-1 A Prophet and a Pioneer .- 2 Knightian Uncertainty .-3 The Grand Crusade .-4 Knight Contra Mundum .-5 The Economic Organization .-6 Ethics and Competition .-7 Welfare Economics .-8 Freedom and Reform .-9 The Original Economic Sin .-10 Why Knight Was (not) a Conservative.