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Jottings on Value: April 10, 1926

In: Frank H. Knight in Iowa City, 1919–1928

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  • Ross B. Emmett

Abstract

N.B. The more I reflect about economic ethics and social criticism, the clearer it is that socialism, equalitarianism, and radicalism egregiously neglect this aspect of the “competitive system.” Two questions:how farthe things is a game, as against a means of providing real goods, and what kind of a game, how good, and how to make it better. It is undoubtedly true to some extent that people need to be taught to be and to be “better sports” when they come out at the little end of inequality.

Suggested Citation

  • Ross B. Emmett, 2011. "Jottings on Value: April 10, 1926," Research in the History of Economic Thought and Methodology, in: Frank H. Knight in Iowa City, 1919–1928, pages 367-369, Emerald Group Publishing Limited.
    • Handle: RePEc:eme:rhetzz:s0743-4154(2011)000029b041
    DOI: 10.1108/S0743-4154(2011)000029B041
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