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Frank Knight wasn't the ideological opposite of Coase. I read once someone saying that "Knight didn't believe in God, but he was sure Keynes was the Devil"! He came up with the name for the Montpelier Society. In some respects his view was like Arnold Kling's: "Markets fail. Use markets."

Whoops, that's "Mont Pelerin" Society.

I think it was about Keynes being at the oposite ...
And I'm not sure that Knight came out the name, he voiced some concerns.

I've read an introduction by Coase to a Armen Alchian book, and it praised Keynes a lot I think. Probably he had to perform the ritual in order to be aloud to enter a classroom or something so not a lot of moral courage on his part.

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