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    It is true practically if not altogether without exception that the changes studied by any science tend to equilibrate or neutralize the forces which bring them about, and finally to come to rest.


    — Frank Knight

    #altogether #any #bring #changes #come



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    Buchanan were all students of Knight at Chicago. Ronald Coase did not take courses from Knight but said he was a major influence on his thinking. Nobel laureates Milton Friedman George Stigler and James M.

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