Repositorio
Knightian Uncertainty in Capitalism and Socialism
Título
Knightian Uncertainty in Capitalism and Socialism
Código de publicación
- AD-00046
Autores/as
- Juan Ramón Rallo
Clave
- Artículo de investigación
Colaboradores/as
Claves o descriptores
Descripción
- Drawing on the ideas of economist Frank Knight, this essay shows that within the institutional framework of socialism, economic agents must face an amount of unmitigated pure uncertainty that under capitalism is either completely absent or significantly reduced by profit-seeking entrepreneurs.
Localización
Revista | libro
- The Independent Review, v. 27, n. 3, Winter 2022/23, pp. 411–433.
Idioma
Editor
- Independente Review
Año de publicación
- 2022
Formato
Identificador (ISBN/ISSN)
- ISSN: 1086–1653
DOI o URI/URL
Derechos
- Abiertos
Fichero
- Disponible