Frank Knight: The possibility of saying anything about a thing rests on the assumption that it preserves its identity, or continues to be the same thing in the respect described, that it will behave in future situations as it has in past.

The possibility of saying anything about a thing rests on the assumption that it preserves its identity, or continues to be the same thing in the respect described, that it will behave in future situations as it has in past.

-- Frank Knight


		Name: Frank Knight Type: Economist Nationality: American Birth: November 7, 1885 Death: April 15, 1972

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