Frank Knight
Frank Knight
Frank Hyneman Knightwas an American economist who spent most of his career at the University of Chicago, where he became one of the founders of the Chicago school. Nobel laureates Milton Friedman, George Stigler and James M. Buchanan were all students of Knight at Chicago. Ronald Coase said that Knight, without teaching him, was a major influence on his thinking...
NationalityAmerican
ProfessionEconomist
Date of Birth7 November 1885
CountryUnited States of America
jobs exercise people
The probability of the people in power being individuals who would dislike the possession and exercise of power is on a level with the probability that an extremely tender-hearted person would get the job of whipping-master in a slave plantation.
defend option
The option is always tough. You have to be very disciplined to defend it.
advantage coaches credit field foster great job martin position special took
One-third of play is special teams. Credit coaches (Dennis) Martin and (Ben) Foster for that (blocked punt). They do a great job with special teams. We got field position and we took advantage of it.
best class concern dream loyalty next sophomore steve worried
I have loyalty to my seniors, but I dream about (ex-Michigan coach) Steve Fisher. Really, I'm not worried about this year. We have the best sophomore class in California. It's the next two years that concern me.
everybody george guy heart high man model needed role since soul turned whenever
Since my first day here 21 years ago, he's the guy I've turned to whenever I've needed something. George is really the heart and soul of Waterville High School. He's really a role model for everybody of how a man should be.
safe worried
I feel safe there, ... Ive never worried about it.
games teams tougher week
We try to look at games each week and not look at the big picture, but this is one of the tougher teams we're going to play.
chance good inside mistakes running tie win
We made mistakes on (our running plays), in blocking. We thought one was good to go. If you get down inside the 5-yard line, you've got to score. That was a chance to win the game, or at least tie it up, and we didn't do it.
against finesse game line open power run stack wide
We'll be a lot more wide open offensively. We can line up and run a power game if we want to and also use the finesse game if they stack up against the run.
overcoming can-do
We have to adapt and overcome, that's all we can do.
mind economics professors
...even professors of economics, to say nothing of the public, do not generally have scientific minds.
attitude opinion evolution
Always history is being made; opinions attitudes and institutions change, and there is evolution in the nature of capitalism
moving differences movement
Goods move in response to price differences from points of low to points of higher price, the movement tending to obliterate the price difference and come to rest.
risk cost competing
Costs merely register competing attractions.