The New Palgrave Dictionary of Economics

2018 Edition
| Editors: Macmillan Publishers Ltd

Åkerman, Johan Gustav (1888–1959)

  • K. Velupillai
Reference work entry


Gustav Åkerman received perhaps the supreme accolade for any economist working in the theory of capital, Knut Wicksell’s endorsement. Wicksell concluded his masterly review of the first part of Åkerman’s doctoral dissertation with the following acknowledgement: ‘I am convinced that on the whole the author has made a really significant contribution to the theory of capital’ (Wicksell 1934, Appendix 2(a), p. 273).

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  1. Wicksell, K. 1934. Real capital and interest: Dr. Gustav Åkerman’s Realkapital und Kapitalzins. Appendix 2(a) of K. Wicksell, Lectures on Political Economy. London: Routledge & Kegan Paul.Google Scholar

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© Macmillan Publishers Ltd. 2018

Authors and Affiliations

  • K. Velupillai
    • 1
  1. 1.