This collection brings together the major secondary literature on this crucial figure. The range and quality of the articles collected indicates the richness of Wicksell's work and the importance of his legacy.
Knut Wicksell made enormous contributions to capital theory, monetary theory and fiscal policy. However whilst his books are widely available in English, few of his more than 800 articles have ever been translated. This volume, first published in 1997, includes new translations of Wicksell's contributions to marginalism and capital theory; public economics and unemployment.
This book, along with its predecessor, makes most of Wicksell's most important contributions accessible to English speaking readers for the first time. The essays collected here, first published in 1999, focus on money and price theory and include Wicksell's book reviews of Leon Walrus, Ludwig von Mises and John Bates Clark.
Knut Wicksell made enormous contributions to capital theory, monetary theory and fiscal policy. However whilst his books are widely available in English, few of his more than 800 articles have ever been translated. This volume, first published in 1997, includes new translations of Wicksell's contributions to marginalism and capital theory; public economics and unemployment.
This book, along with its predecessor, makes most of Wicksell's most important contributions accessible to English speaking readers for the first time. The essays collected here, first published in 1999, focus on money and price theory and include Wicksell's book reviews of Leon Walrus, Ludwig von Mises and John Bates Clark.
Knut Wicksell is arguably the greatest Swedish social scientist of all time, and poverty was a theme that occupied him all his life. Indeed, it was probably Wicksell's interest in poverty that was the critical factor in drawing him away from his purely mathematical background towards a greater understanding of the social sciences as a whole.In this outstanding volume, Mats Lundahl, one of the world's leading development economists, examines Wicksell's thinking in the area of poverty, and shows the importance of his contributions to this field.
Knut Wicksell is arguably the greatest Swedish social scientist of all time, and poverty was a theme that occupied him all his life. Indeed, it was probably Wicksell's interest in poverty that was the critical factor in drawing him away from his purely mathematical background towards a greater understanding of the social sciences as a whole.In this outstanding volume, Mats Lundahl, one of the world's leading development economists, examines Wicksell's thinking in the area of poverty, and shows the importance of his contributions to this field.
Knut Wicksell was one of the most influential economists of the twentieth century, making major contributions to price theory, monetary theory and capital theory. A prolific and diverse thinker, his ideas were to inspire the Stockholm School, the Austrian School and mainstream neo-classical economics.Although most of his major books have now been translated into English, relatively few of his essays have. These two volumes, first published in 1997 and 1999, made many of Wicksell's most important contributions accessible to the English speaking reader for the first time and this reissue will be welcomed by economists at all levels.These volumes contain translations of articles originally written in Swedish and German which focus on:*marginalism and capital theory*public economics*unemployment*money and price theory* population* Wicksell's book reviews, including reviews of Leon Walras, Ludwig von Mises and John Bates Clark.
Part of a series presenting critical appraisals of influential economists from the age of Aristotle to the present. The individuals examined have shaped both the theory and practice of modern economics. Each volume combines classic statements by economists with the most recent research.
Knut Wicksell is increasingly recognized as one of the great economists and as a major influence on modern economics. Wicksell brilliantly summarized and developed neoclassical economic theory, making major contributions to marginal productivity theory, to public finance and to monetary theory. Torsten Gardlund’s acclaimed biography, although long out of print, remains the classic interpretation of Wicksell’s life. As Lars Jonung explains in his preface, ‘Gardlund’s book has kept its sparkle over the forty years which have elapsed since it was first published. . . Its clarity and vitality have made it a classic in its own right.’ Mark Blaug, the eminent economic methodologist and historian of economic thought, has described it as ‘my favourite biography of a great economist.’This edition of The Life of Knut Wicksell will be welcomed as an excellent introduction to the life of a major economist whose theories and ideas have shown themselves to be of lasting value.
Known as the "economist's economist" for his work on creating a synthetic economic theory, Swedish economist Knut Wicksell was a controversial, but highly influential figure in modern economic thought. His contributions to marginal productivity theory, income distribution and, most notably, his theory of interest would come to have a profound impact upon twentieth century economic theory, not least in the work of John Maynard Keynes.First published in English in 1934 and 1935, this Routledge Revival set is a reissue of Wicksell's two volume work on political economy, first published in Sweden in 1901 and 1906. This work is aimed at both the professional economist and the advanced student alike, as well as all those interested in the theoretical development of political economy. Volume I concerns itself predominantly with issues of theory: specifically the theory of value, the theory of production and distribution and the theory of capital accumulation. Volume II deals with theories relating to money, currency and credit.
Known as the "economist's economist" for his work on creating a synthetic economic theory, Swedish economist Knut Wicksell was a controversial, but highly influential figure in modern economic thought. His contributions to marginal productivity theory, income distribution and, most notably, his theory of interest would come to have a profound impact upon twentieth century economic theory, not least in the work of John Maynard Keynes.First published in English in 1934 and 1935, this Routledge Revival set is a reissue of his two volume work on political economy, first published in Sweden in 1901 and 1906. This work is aimed at both the professional economist and the advanced student alike, as well as all those interested in the theoretical development of political economy. Volume I concerns itself predominiantly with issues of theory: specifically the theory of value, the theory of production and distribution and the theory of capital accumulation. Volume II deals with theories relating to money, currency and credit.For institutional purchases for e-book sets please contact [email protected] (customers in the UK, Europe and Rest of World)
Knut Wicksell is acknowledged to be the precursor and prophet of modern macroeconomic theory and he provided some of its chief elements a generation before their power and significance were properly recognized. This book, originally published in German in 1893 and in English in 1954 brought time into the previously timeless theory of value and income distribution. The theory of the real interest rate, which he developed in Value, Capital and Rent became a central and essential element when he began to explain what determines the general level of money prices and how the changes of this level come about.
Knut Wicksell is acknowledged to be the precursor and prophet of modern macroeconomic theory and he provided some of its chief elements a generation before their power and significance were properly recognized. This book, originally published in German in 1893 and in English in 1954 brought time into the previously timeless theory of value and income distribution. The theory of the real interest rate, which he developed in Value, Capital and Rent became a central and essential element when he began to explain what determines the general level of money prices and how the changes of this level come about.
This volume, originally published in 1958, contains a selection of the most important and interesting articles by Knut Wicksell, which had hitherto only been published in Swedish. They cover Wicksell’s views on Economics and monetary theory, his theory of production and distribution, some review articles on the works of Pareto, Böhm-Bawerk, Carl Menger and Bowley and some papers on foreign trade problems, written after the First World War. Erik Lindahl’s introductory essay gives a picture of Wicksell the social reformer, who radical opinions often brought him into conflict with the authorities and the general public.
This volume, originally published in 1958, contains a selection of the most important and interesting articles by Knut Wicksell, which had hitherto only been published in Swedish. They cover Wicksell’s views on Economics and monetary theory, his theory of production and distribution, some review articles on the works of Pareto, Böhm-Bawerk, Carl Menger and Bowley and some papers on foreign trade problems, written after the First World War. Erik Lindahl’s introductory essay gives a picture of Wicksell the social reformer, who radical opinions often brought him into conflict with the authorities and the general public.
LARGE PRINT EDITION More at LargePrintLiberty.com.It was this work by Swedish economist Wicksell that drew the attention of Ludwig von Mises to the effects of interest rate manipulation on the capital structure. This was the first to present the idea of the natural rate of interest, which Wicksell argued can be different from the prevailing rate on the market. The natural rate is equal to the return on capital in an imaginary economy without money. Mises took that idea and made it a central component of his business cycle theory. Wicksell was also an important critic of the Quantity Theory of money.
Lectures On Political Economy, Volume 2: Money is a book written by Knut Wicksell, a Swedish economist, and published in 1906. The book is a collection of lectures that Wicksell delivered on the subject of monetary economics at the University of Lund in Sweden. The book is divided into three main sections: the first section deals with the basic concepts of money and value, the second section discusses the role of money in the economy, and the third section explores the relationship between money and credit. Wicksell's lectures provide a comprehensive overview of the history of money, its functions and characteristics, and its relationship with other economic variables such as inflation, interest rates, and exchange rates. He also discusses the different types of money, including commodity money, fiat money, and credit money, and their respective advantages and disadvantages. Overall, Lectures On Political Economy, Volume 2: Money is a seminal work in the field of monetary economics and a must-read for anyone interested in understanding the role of money in the economy.This is a new release of the original 1935 edition.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.
