Abstract
This chapter analyzes the interpretation of Wicksell’s and Cassel’s contribution to economic analysis after Schumpeter’s evaluation in History of Economic Analysis. Wicksell has been given much more space than Cassel since the former is still post-Schumpeter considered to be the more important of the two.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
References
Andvig, Jens-Christopher. 1986. Ragnar Frisch and the Great Depression. Oslo: Norsk Utenrikspolitisk Institutt.
Bailey, Roy E. 1976. “On the Analytical Foundations of Wicksell’s Cumulative Process.” Manchester School, 44, 52–71.
Bliss, C. J. 1975. Capital Theory and the Distribution of Income. Amsterdam & Oxford: North Holland.
Buchanan, James M., and Tullock, Gordon. 1962. The Calculus of Consent. Ann Arbor: The University of Michigan Press.
Cassel, Gustav. 1918. “Abnormal Deviations in International Exchanges.” Economic Journal, 28, 413–415.
Cassel, Gustav. 1921. The World’s Monetary Problems. London: Constable.
Cassel, Gustav. 1928. Post-War Monetary Stabilization. New York: Columbia University Press.
Champernowne, David. 1954. “The Production Function and the Theory of Capital: A Comment.” Review of Economic Studies, 21, 107–111.
Frenkel, Jacob A. 1978. “Purchasing Power Parity.” Journal of International Economics, 8, 169–191.
Frenkel, Jacob A. 1976. “A Monetary Approach to the Exchange Rate: Doctrinal Aspects and Empirical Evidence.” Scandinavian Journal of Economics, 78, 200–224.
Frenkel, Jacob A., and Johnson, Harry G. (1976). “The Monetary Approach to the Balance of Payments: Essential Concepts and Historical Origins. “In The Monetary Approach to the Balance of Payments, edited by Jacob A. Frenkel and Harry G. Johnson. London: George Allen & Unwin.
Frisch, Ragnar. 1933. “Propagation Problems and Impulse Problems in Dynamic Economics.” In Economic Essays in Honour of Gustav Cassel, edited by Karin Kock. London: George Allen & Unwin.
Frisch. Ragnar, 1952. “Frisch on Wicksell.” In The Development of Economic Thought, edited by Henry William Spiegel, New York: John Wiley & Sons.
Haavelmo, Trygve. 1960. A Study in the Theory of Investment. Chicago & London: The University of Chicago Press.
Harcourt, G. C. 1972. Some Cambridge Controversies in the Theory of Capital. London: Cambridge University Press.
Hennipman, P. 1982. “Wicksell and Pareto: Their Relationship in the Theory of Public Finance.” History of Political Economy, 14, 37–64.
Hicks, John. 1965. Capital and Growth. Oxford: Oxford University Press.
Hicks, John. 1977. “Monetary Experience and the Theory of Money.” In Economic Perspectives, edited by John Hicks. Oxford: Oxford University Press.
Hicks, John. 1982. “The Foundations of Monetary Theory.” In Money, Interest & Wages, edited by John Hicks. Oxford: Basil Blackwell.
Honohan, Patrick. 1981, “A New Look at Wicksell’s Inflationary Process.” Manchester School, 49, 319–333.
Iwai, Katsuhito. 1981. Disequilibrium Dynamics. New Haven and London: Yale University Press.
Keynes, J. M. 01930. A Treatise on Money, Vol. I. As reprinted in Vol. V of The Collected Works. London: Macmillan, 1971.
Laidler, David. 1972, “On Wicksell’s Theory of Price Level Dynamics.” Manchester School. As reprinted in Laidler: Essays on Money and Inflation. Manchester: Manchester University Press, 1975.
Leijonhufvud, Axel. 1981. “The Wicksell Connection: Variations on a Theme.” In Information and Coordination, edited by Leijonhufvud. New York & Oxford: Oxford University Press.
Mueller, Dennis C. 1979. Public Choice. Cambridge: Cambridge University Press
Musgrave, Richard A. 1959. The Theory of Public Finance. New York: McGraw-Hill.
Officer, Lawrence H. 1976. “The Purchasing-Power-Parity Theory of Exchange Rates.” I.M.F. Staff Papers, 23, 1–60.
Officer, Lawrence H. 1982. “The Relation Between the Absolute and the Relative PPP Theory of Cassel.” History of Political Economy, 14, 251–259.
Pasinetti, Luigi L. 1962. “Rate of Profit and Income Distribution in Relation to the Rate of Economic Growth.” Review of Economic Studies, 29, 267–279.
Pasinetti, Luigi L. 1978. “Wicksell Effects and Reswitchings of Technique in Capital Theory.” Scandinavian Journal of Economis, 80, 181–189.
Patinkin, Don. 1952. “Wicksell’s ‘Cumulative Process.’” Economic Journal, 62, 835–847.
Patinkin, Don. 1965. Money, Interest and Prices, 2nd ed. New York: Harper and Row
Robinson, Joan. 1954. “The Production Function and the Theory of Capital.” Review of Economic Studies, 21, 81–106.
Sandelin, Bo. 1975. “The Wicksell Effect, Dewey, and Others: A Note.” History of Political Economy, 1, 123–31.
Schumpeter, Joseph A. 1954. History of Economic Analysis. London: George Allen & Unwin.
Swan, T. W. 1956. “Economic Growth and Capital Accumulation.” Economic Record, 32, 334–361.
Uhr, Carl G. 1951. “Knut Wicksell-A Centennial Evaluation.” American Economic Review, 41, 829–860.
Uhr, Carl G. 1960. Economic Doctrines of Knut Wicksell. Berkeley and Los Angeles: University of California Press.
Wicksell, Knut. 1896. Finanztheoretische Untersuchungen nebst Darstellung und Kritik des Steuerwesens Schwedens. Jena: Gustav Fischer. English translation (only the second part) “A New Principle of Just Taxation.” In Classics in the Theory of Public Finance, edited by Musgrave and Peacock. London: Macmillan, 1958.
Wicksell, Knut. 1898. “The Influence of the Rate of Interest on Commodity Prices.” Ekonomisk Tidskrift. As translated in Selected Papers on Economic Theory edited by Erik Lindahl. London: Allen & Unwin, 1958.
Wicksell, Knut. 1936, Interest and Prices. English translation from German edition of 1898. London: Macmillan.
Wicksell, Knut. 1909. “Penningranta och varupris.” Ekonomisk Tidskrift, 11, 61–66.
Wicksell, Knut. 1924. “The New Edition of Menger’s Grundsatze.” Ekonomisk Tidskrift. As translated in Selected Papers on Economic Theory, edited by Erik Lindahl. London: Allen & Unwin, 1958.
Wicksell, Knut. 1934–1935. Lectures in Politicial Economy, Vols. I-II. English translation from the third Swedish edition. London: George Routledge and Sons.
Brems, H. 1987 “Gustav Cassel Revisited.” Unpublished manuscript, September.
Cassel, G. 1967. The Theory of Social Economy, reprinted by August Kelley, N. Y, 1967).
Childs, M. 1936. Sweden, The Middle Way. New Haven: Yale University Press.
Davidson, D. 1878. Bidrag till läran om de ekonomiska lagarna för kapitalbildningen (A Contribution to the Theory of the Laws for Capital Formation), Uppsala.
Davidson, D. 1889. Beskattningsnormven vid inkomstskatten (Taxation Norms for the Income Tax), Uppsala.
Lundberg, Erik. 1967. “The Influence of Gustav Cassel on Economic Doctrine and Policy.” Skandinaviska Banken Quarterly Review, No. 1, 1–6.
Ricardo, D. 1951. On the Principles of Political Economy and Taxation, vol. I of Collected Works and Correspondence of David Ricardo, edited by P. Sraffa and H. M. Dobb. Cambridge, England.
Sraffa, P. 1960. Production of Commodities by Means of Commodities. Cambridge, England.
Uhr, C. G. 1960. Economic Doctrines of Knut Wicksell. Berkeley, Ca.: University of California Press.
Uhr, C. G. 1975. Economic Doctrines of David Davidson. Uppsala, Sweden: Uppsala U. Press.
Wicksell, K. 1919. “Professor Cassel’s System of Economics,” originally in Ekonomisk Tidskrift, No. 9, now translated and appended to Lectures on Political Economy, Vol. I, 1938, pp. 219–257.
Wicksell, K. 1925. “Valutaproblemet i de skandinaviska länderna,” originally in Ekonomisk Tidskrift, now translated and appended to Wicksell’s Interest and Prices (1936) as “The Monetary Problem of the Scandinavian Countries,” pp. 199–219.
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 1990 Kluwer Academic Publishers
About this chapter
Cite this chapter
Hansson, B.A. (1990). The Swedish Tradition: Wicksell and Cassel. In: Hennings, K., Samuels, W.J. (eds) Neoclassical Economic Theory, 1870 to 1930. Recent Economic Thought Series, vol 20. Springer, Dordrecht. https://doi.org/10.1007/978-94-009-2181-8_7
Download citation
DOI: https://doi.org/10.1007/978-94-009-2181-8_7
Publisher Name: Springer, Dordrecht
Print ISBN: 978-94-010-7477-3
Online ISBN: 978-94-009-2181-8
eBook Packages: Springer Book Archive