Books

Small octavo on 6-1/4 X 8 inches. Likely a library re-bind. "Good" with no dust jacket with scattered margin markings in pencil and occasionally in ink. This is the 1921 original, NOT a 1940s reprint. Bookplate of University College Southampton to front pastedown; free front endpaper stamped "Withdrawn." Cardholder to rear pastedown, remains of a date-due slip to the rear free endpaper. 381 pp. including Index.

Risk, Uncertainty and Profit, written by Frank H. Knight, is a landmark in economic literature that introduces the distinction between risk, which can be measured and quantified, and uncertainty, which cannot.