Jennifer Burns

And so he would throw out these pieces, and then the students would kind of clutch at them, and then they would come back together and try to assemble this sort of worldview. And then Frank Knight fell into this terrible depression, and to cheer him up, they planned a big party. And they went back through all of his previous writings, and they assembled them into a book that was published.

And so he would throw out these pieces, and then the students would kind of clutch at them, and then they would come back together and try to assemble this sort of worldview. And then Frank Knight fell into this terrible depression, and to cheer him up, they planned a big party. And they went back through all of his previous writings, and they assembled them into a book that was published.

And so he would throw out these pieces, and then the students would kind of clutch at them, and then they would come back together and try to assemble this sort of worldview. And then Frank Knight fell into this terrible depression, and to cheer him up, they planned a big party. And they went back through all of his previous writings, and they assembled them into a book that was published.

This is The Ethics of Competition, and you can read the introduction written in part by Milton Friedman. So not only were they talking about Knight and what he said, but then they started poring over his work. And one of them described it as like a general equilibrium system where you like had to like know all the parts and then all of a sudden it all fit together in a whole.

This is The Ethics of Competition, and you can read the introduction written in part by Milton Friedman. So not only were they talking about Knight and what he said, but then they started poring over his work. And one of them described it as like a general equilibrium system where you like had to like know all the parts and then all of a sudden it all fit together in a whole.

This is The Ethics of Competition, and you can read the introduction written in part by Milton Friedman. So not only were they talking about Knight and what he said, but then they started poring over his work. And one of them described it as like a general equilibrium system where you like had to like know all the parts and then all of a sudden it all fit together in a whole.

So if we step back, what they were doing was getting inside the mind of a great thinker and understanding the ways that all fit together and then kind of testing their ideas against Knight's. And what's fascinating is one of the first papers that Freeman publishes in Statistics is a rebuttal of Frank Knighton. He publishes a rebuttal of Frank Knight's ideas about risk and uncertainty.

So if we step back, what they were doing was getting inside the mind of a great thinker and understanding the ways that all fit together and then kind of testing their ideas against Knight's. And what's fascinating is one of the first papers that Freeman publishes in Statistics is a rebuttal of Frank Knighton. He publishes a rebuttal of Frank Knight's ideas about risk and uncertainty.

So if we step back, what they were doing was getting inside the mind of a great thinker and understanding the ways that all fit together and then kind of testing their ideas against Knight's. And what's fascinating is one of the first papers that Freeman publishes in Statistics is a rebuttal of Frank Knighton. He publishes a rebuttal of Frank Knight's ideas about risk and uncertainty.

And Frank Knight, he kind of took a black swan argument. You know, he said, risk you can calculate. Uncertainty, you can't, like existentially, philosophically. You can't get your hands around it. It is the black swan. And Friedman publishes this statistical paper and he says, I can put uncertainty on a graph.

And Frank Knight, he kind of took a black swan argument. You know, he said, risk you can calculate. Uncertainty, you can't, like existentially, philosophically. You can't get your hands around it. It is the black swan. And Friedman publishes this statistical paper and he says, I can put uncertainty on a graph.

And Frank Knight, he kind of took a black swan argument. You know, he said, risk you can calculate. Uncertainty, you can't, like existentially, philosophically. You can't get your hands around it. It is the black swan. And Friedman publishes this statistical paper and he says, I can put uncertainty on a graph.

And so there's that sort of Freudian killing of the father element when he comes back and he will, in some ways, turn his back on Knight's approach and Knight's pessimism, even while it's like a foundation of his thinking.

And so there's that sort of Freudian killing of the father element when he comes back and he will, in some ways, turn his back on Knight's approach and Knight's pessimism, even while it's like a foundation of his thinking.

And so there's that sort of Freudian killing of the father element when he comes back and he will, in some ways, turn his back on Knight's approach and Knight's pessimism, even while it's like a foundation of his thinking.

Number two means you were right and I was wrong. And the number system evolved in some ways to be quick and efficient, but in other ways they also were really clear about it. So you know, something like there's kind of like three reasons behind it. First is if you use a number, it reminds the listener that it's really hard to say the words I was wrong.

Number two means you were right and I was wrong. And the number system evolved in some ways to be quick and efficient, but in other ways they also were really clear about it. So you know, something like there's kind of like three reasons behind it. First is if you use a number, it reminds the listener that it's really hard to say the words I was wrong.

Number two means you were right and I was wrong. And the number system evolved in some ways to be quick and efficient, but in other ways they also were really clear about it. So you know, something like there's kind of like three reasons behind it. First is if you use a number, it reminds the listener that it's really hard to say the words I was wrong.

So you're kind of calling on their sympathy by using number, reminding them that you're doing a hard thing. And then it's also reminding them that you're in this family with this code. And so you're you're signaling your membership and your closeness and your love really. And so it's, it's supposed to be an easy way to disagree without like breaking the relationship.

So you're kind of calling on their sympathy by using number, reminding them that you're doing a hard thing. And then it's also reminding them that you're in this family with this code. And so you're you're signaling your membership and your closeness and your love really. And so it's, it's supposed to be an easy way to disagree without like breaking the relationship.