An interesting question. Just how original was Knight’s justly famous Risk, Uncertainty & Profit? The normal view is that it was totally original, yet few commentators have paid attention to the work of those Knight mentioned in his book. Especially Alvin Johnson, mentioned on page xi of the book’s Preface. Once we start looking there are all kinds of clues to those who, investigating the notion of ‘profit’, influenced Knight, all generally under-examined. The question becomes ‘What, precisely, did Knight add to this discourse?’
Also pleased to see my paper on Herbert Simon and our paper on the relationship (?) between Frank Knight and Edith Penrose finally in print.