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Author: Benny Carlson
Publisher: Springer
ISBN: 3030037002
Category : Business & Economics
Languages : en
Pages : 171
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Book Description
The 1930s, characterised by repercussions from World War I and the Great Depression, was an era of populism, nationalism, protectionism, government intervention and attempts to create planned economies. The perceived need for economic planning emerged in Sweden in part due to the increasing political strength of the Social Democrats and their evolution from a party hampered by Marxist fatalism to a pragmatic mass movement. The Swedish debate continued beyond World War II and is still relevant to today’s economic crises, which have resulted in a demand for action coming from below (populism) and above (elitism). Carlson surveys the arguments for and against economic planning as they were put forward by leading Swedish economists in the 1930s, with a focus on the thoughts of Gustav Cassel, Eli Heckscher, Gösta Bagge, Gunnar Myrdal and Bertil Ohlin, among others. In so doing he provides a timely exploration of the debate on the necessary and desirable extent of state intervention in market economies.
Author: Benny Carlson
Publisher: Springer
ISBN: 3030037002
Category : Business & Economics
Languages : en
Pages : 171
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Book Description
The 1930s, characterised by repercussions from World War I and the Great Depression, was an era of populism, nationalism, protectionism, government intervention and attempts to create planned economies. The perceived need for economic planning emerged in Sweden in part due to the increasing political strength of the Social Democrats and their evolution from a party hampered by Marxist fatalism to a pragmatic mass movement. The Swedish debate continued beyond World War II and is still relevant to today’s economic crises, which have resulted in a demand for action coming from below (populism) and above (elitism). Carlson surveys the arguments for and against economic planning as they were put forward by leading Swedish economists in the 1930s, with a focus on the thoughts of Gustav Cassel, Eli Heckscher, Gösta Bagge, Gunnar Myrdal and Bertil Ohlin, among others. In so doing he provides a timely exploration of the debate on the necessary and desirable extent of state intervention in market economies.
Author: Mats Lundahl
Publisher: Springer Nature
ISBN: 3030943275
Category : Business & Economics
Languages : en
Pages : 486
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Book Description
This book explores the development of economic thought in Sweden through some of the people who shaped it. The book highlights both some of the well-known contributions and some overlooked areas of research. It begins with the origins of the pioneer neoclassical Heckscher-Ohlin theorem and Gunnar Myrdal ’s circular, cumulative approach to economic development. Secondly, it focuses on a number of economists related to the Industrial Institute of Economic and Social Research: Ingvar Svennilson, Axel Iveroth, Jan Wallander, Erik Höök, Villy Bergström and Rolf Henriksson. Finally, it offers portraits of three economists from Lund University: Bo Södersten, Ingemar Ståhl and Göte Hansson. The work of all of them is placed within the context of the contemporary academic and public economic debate. This book aims at providing a perspective on the legacy of the Swedish tradition in economics and will be relevant to students and academics interested in the history of economic thought.
Author: Bo Sandelin
Publisher: Taylor & Francis
ISBN: 9780415191784
Category : Business & Economics
Languages : en
Pages : 380
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Book Description
This set reprints works by, and about, Swedish economists working between the turn of the century and 1960. The editor provides an overview of Swedish economics, as well as growth and specialization within the discipline.
Author: Willem Keizer
Publisher: Routledge
ISBN: 1317949978
Category : Business & Economics
Languages : en
Pages : 306
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Book Description
This book presents essays by an outstanding team of international specialists and covers a wide range of topics, including (inter alia) the relationships between the Austrian and Swedish theories of the business cycle, the on-going debates between Austrians and (Post) Keynesians, Schumpeter's 'Walrasian' stand in the socialist calculation debate, and the Austrian roots of Neo-Institutional economics. The studies stress the unique Austrian contributions to economic methodology and to the theory of entrepreneurship, while revealing unexpected methodological and philosophical similarities between, among others, Hayek and Marx.
Author: Jenny Andersson
Publisher: Manchester University Press
ISBN: 1847796664
Category : Political Science
Languages : en
Pages : 219
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Book Description
The notion of social policy as a productive investment and a prerequisite for economic growth became a core feature in the ideology of Swedish social democracy, and a central component of the universalism of the Swedish welfare state. However as the Swedish Social Democratic Party (SAP) embarked on its Third Way in 1981, this outlook on social policy as a productive investment was replaced by the identification of social policy as a cost and a burden for growth. This book discusses the components of this ideological turnaround from Swedish social democracy’s post-war notion of a strong society, to its notion of a Third Way in the early 1980s. It is a novel and innovative contribution to the history of Swedish social democracy and recent developments in the Swedish welfare state, and it also sheds light on contemporary social policy debates. It will appeal to a wide readership from students of contemporary history and politics to policy makers and specialists.
Author: B. Larsson
Publisher: Springer
ISBN: 0230363954
Category : Political Science
Languages : en
Pages : 270
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Book Description
Using an analytical framework based on Foucault's concept of governmentality and through unique case-studies, this volume explores the ongoing transformations taking place in the Swedish welfare state.
Author: Nicolas Barbaroux
Publisher: Routledge
ISBN: 1135067945
Category : Business & Economics
Languages : en
Pages : 246
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Book Description
This new volume sheds new light on current monetary issues, in particular the debate on monetary policy making, by blending theoretical economic analysis, history of economics, and historical case studies. A discretionary monetary policy refers to cases in which the central bank is free to change its policy actions or key instruments when the need arises, whilst a monetary policy rule can be defined as a commitment from (independent) central banks to reach one or several objective(s) by way of systematic policy actions. This book uses case studies from France and Sweden, and places them in the context of Keynes’ argument from his 1923 ‘Tract on Monetary Reforms’, to support the argument that the use of discretionary practices within a monetary policy rule (such as in the Gold Standard era) is the best approach. This book takes an innovative approach in combining a theoretical analysis (mainly the work of New Neoclassical Synthesis throughout Woodford's model) a history of economic thought analysis (based on the monetary works from Wicksell, Cassel and Keynes) and an historical study of central bank practices both in France (based on Bank of France archives materials) and in Sweden. The final section of the book explores the debate on monetary policy rule in light of the 2008 financial crisis. As such, the book provides a unique synthesis that will be of interest not only to scholars of history of economic thought and economic theory, but also to anyone with an interest in monetary economics and contemporary monetary policy.
Author: Alan Bollard
Publisher: Oxford University Press
ISBN: 0192887408
Category : History
Languages : en
Pages : 385
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Book Description
Economists in the Cold War is an account of the economic drivers and outcomes of the Cold War, told through the stories of seven international economists, who were all closely involved in theory and policy in the period 1945-73. For them, the Cold War was a battle of economic ideas, a fight between central planning and market allocation, exploring economic thinking derived from the battle between Marxist and Capitalist ideologies, a fundamental difference but with many intricacies. The book recounts how economic theory advanced, how new economic tools were developed, and how policies were tested. Each chapter is based on the involvement of one of the selected economists. It was a challenging but dangerous time in economics: a time of economic recovery post-war, with industrial rebuilding, economic growth, and rising incomes. But it was also a time of ideological warfare, nuclear rivalry, military expansion, and personal conflict. The narrative is approximately chronological, ranging from the Potsdam Conference in Germany to the Pinochet Coup in Chile. The selected economists include an American, a Pole, a Hungarian, a German, a British, a Japanese, and an Argentinian, all very different economists, but with interconnections among them. Each chapter also features a dissenting economist who held a contrasting view, and recounts the subsequent economic arguments that played out.
Author: Ola Innset
Publisher: Springer Nature
ISBN: 3030388859
Category : Business & Economics
Languages : en
Pages : 201
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Book Description
In April 1947, a group of right-leaning intellectuals met in the Swiss Alps for a ten-day conference with the aim of establishing a permanent organization. Named “an army of fighters for freedom” by Friedrich Hayek, they would at times use “neoliberalism” as a description of the philosophy they were developing. Later, many of them would opt for "classical liberalism” or other monikers. Was their liberalism classical or was it new? All new creeds build on previous ones, but the intellectuals in question were involved in an explicit attempt to change liberalism and move beyond both past laissez-faire ideals and the social liberalism popular at the time. This book provides a contextual, historical understanding of the development of neoliberal ideas, by studying its evolution from the first socialist calculation debates in Red Vienna to the founding meeting of the Mont Pelerin Society in 1947. The author examines key neoliberal conceptions of totalitarianism, market mechanisms and states, and presents a detailed study of the discussions during the first meeting of the Mont Pelerin Society. Offering a new perspective on the ideas that have influenced economics and politics since the 1970s, this study appeals to scholars interested in modern and political history, political theory and the history of economic thought. "What is neoliberalism? In search of an answer, Innset’s innovativeintellectual history takes us to a grand hotel overlooking Lake Geneva, and inside the first meeting of the Mont Pèlerin Society. Our journey leaves us with a deeper understanding of the new form of liberalism that is the legacy of this closed society." Edward Nik-Khah, Professor of Economics, Roanoke College “Reinventing Liberalism will put an end to endless debates around whether neoliberalism exists or not. Ola Morris Innset clearly shows that it does and presents a definitive argument for what neoliberalism is. This book is a must read for all those who want to have a solid understanding of the ideology that is framing and increasingly visibly endangering our world....” Marie Laure Salles-Djelic, Sciences Po Paris
Author: John Maynard Keynes
Publisher: Atlantic Publishers & Dist
ISBN: 9788126905911
Category : Business & Economics
Languages : en
Pages : 410
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Book Description
John Maynard Keynes is the great British economist of the twentieth century whose hugely influential work The General Theory of Employment, Interest and * is undoubtedly the century's most important book on economics--strongly influencing economic theory and practice, particularly with regard to the role of government in stimulating and regulating a nation's economic life. Keynes's work has undergone significant revaluation in recent years, and "Keynesian" views which have been widely defended for so long are now perceived as at odds with Keynes's own thinking. Recent scholarship and research has demonstrated considerable rivalry and controversy concerning the proper interpretation of Keynes's works, such that recourse to the original text is all the more important. Although considered by a few critics that the sentence structures of the book are quite incomprehensible and almost unbearable to read, the book is an essential reading for all those who desire a basic education in economics. The key to understanding Keynes is the notion that at particular times in the business cycle, an economy can become over-productive (or under-consumptive) and thus, a vicious spiral is begun that results in massive layoffs and cuts in production as businesses attempt to equilibrate aggregate supply and demand. Thus, full employment is only one of many or multiple macro equilibria. If an economy reaches an underemployment equilibrium, something is necessary to boost or stimulate demand to produce full employment. This something could be business investment but because of the logic and individualist nature of investment decisions, it is unlikely to rapidly restore full employment. Keynes logically seizes upon the public budget and government expenditures as the quickest way to restore full employment. Borrowing the * to finance the deficit from private households and businesses is a quick, direct way to restore full employment while at the same time, redirecting or siphoning
