Frank H. Knight on Institutionalism and Economics

Research in the History of Economic Thought and Methodology, Vol. 31-B (2013), Forthcoming

12 Pages Posted: 8 Aug 2013

See all articles by Ross B. Emmett

Ross B. Emmett

Arizona State University (ASU) - Center for the Study of Economic Liberty; PERC - Property and Environment Research Center

Date Written: July 10, 2013

Abstract

Introduction to the publication of the previously unpublished essay "Institutional History and the Classical Economics," by Frank H. Knight. Discusses what the essay tells us about Knight's views about institutionalism and economics around 1930. The proper science of economics, Knight argues in his essay, sits between the historical, cultural and institutional details of human wants and the resources available to meet them on one side, and ethical discussion of what values human ought to pursue on the other. Between institutional history and ethics, as it were.

Keywords: institutionalism, economics and ethics

JEL Classification: B25, B31

Suggested Citation

Emmett, Ross B., Frank H. Knight on Institutionalism and Economics (July 10, 2013). Research in the History of Economic Thought and Methodology, Vol. 31-B (2013), Forthcoming. Available at SSRN: https://ssrn.com/abstract=2307171 or http://dx.doi.org/10.2139/ssrn.2307171

Ross B. Emmett (Contact Author)

Arizona State University (ASU) - Center for the Study of Economic Liberty ( email )

CPCOMM 4th Floor
United States

PERC - Property and Environment Research Center

2048 Analysis Drive
Suite A
Bozeman, MT 59718
United States

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