Twelve Figures in Swedish Economics

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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(s): Mats Lundahl
Series: Studies in the History of Economic Thought
Edition: 1
Publisher: Palgrave Macmillan
Year: 2022

Language: English
Pages: 488
Tags: Sweden; Development Economy

Preface
Praise for Twelve Figures in Swedish Economics
Contents
1 Introduction: Twelve Figures in Swedish Economics
Eli Heckscher and Bertil Ohlin: The Origin of Their Theorem
Gunnar Myrdal on Method
The Swedish Planning Issue: Ingvar Svennilson
A Young Man in the Swedish Diplomatic Service: Axel Iveroth
Ingvar Svennilson Goes West
Deep in the Heart of Värmland: Jan Wallander and the Class Society
The Swedish Public Sector: Erik Höök
Economics as Polemics: Bo Södersten
Economic Doctrines: Rolf G. H. Henriksson
Deregulation of Agriculture: Ingemar Ståhl
A Moose Hunter at the Riksbank: Villy Bergström
All Too Soon: Göte Hansson
References
2 The Inspiration for the Heckscher–Ohlin Theorem
The Heckscher–Ohlin Theorem
Heckscher’s Sources of Inspiration: The Sugar Tariff Issue
‘Solidary’ Tariffs: Fritz Brock
Wicksell’s Criticism
Bertil Ohlin’s Contribution
Ohlin’s Sources of Inspiration: Studies in Lund and Stockholm
Unter den Linden
Heckscher and Ohlin
From Harvard to Copenhagen and Beyond
References
3 Gunnar Myrdal on Poverty and Circular, Cumulative Causation
Dynamics
Wicksell’s Cumulative Process and Myrdal’s Adaptation of It
The Problem of Value Premises
A Programmatic Article and Active Economic Policy
Circular Causation and Institutions
Social Engineering: The Population Issue
An American Dilemma
The ‘Negro Problem’
Explicit Value Premises
Circular, Cumulative Causation
Social Engineering
American Poverty Revisited: Challenge to Affluence
The International Dimension of Poverty
The Cairo Lectures
Beyond the Welfare State
Asian Drama
The Mechanisms of Poverty
The Need for Planning
Underutilization of Labor
The Non-Agricultural Sectors
Agricultural Reform
Population Problems
The Challenge of World Poverty
America and South Asia in Retrospect
The Preacher
The Wisdom of Hindsight
Epilogue
References
4 Ingvar Svennilson on Economic Planning in War and Peace
Why Svennilson?
Wartime Planning
Planning for the Peace
Peacetime Planning
Long-Term Planning
Planning in Retrospect
Conclusions
References
5 From the Western Front: Axel Iveroth in Washington
Industrial Attaché Iveroth
The First Letter to Sweden
The Mohn Affair
Climate and Culture
American Organization
Swedish-American Relations
Swedish-American Industrial Contacts
An Important Cooperation
Norwegian-Swedish Cooperation
New York
Canada and Chicago
References
6 From the New World: Ingvar Svennilson in the United States and Cuba
Industry Visits
University Visits
Enormous Investment Needs
Overproduction?
The Advance of the Trade Unions
Social Policy and Income Distribution
Economic Policy
A Ten-Year Plan
Svennilson in Cuba
In Revolutionary Havana
The Cuban Economy
The Support for Castro
The Critical Year 1959
INRA
The Relations with the United States
References
7 ‘Well, But in Those Days, Booze Was Cheap’: Jan Wallander in the Värmland Forests
From Valhallavägen to Risberg
We Down Here, You Up There: The Värmland Class Society
On the Ground
Higher Up
At the Top
The Elderly
References
8 ‘Like Locusts on the Mississippi’: A Pioneer Study of the Expansion of the Swedish Public Sector
Background Facts
Productivity and Cost Disease
Doctoral Dissertation
The Thesis Defense
The Reception in the Press
The Reception in Professional Journals
Expert Statements
The Long-Run Impact
Concluding Remarks
References
9 The Political Economy of Bo Södersten
The Licentiate Thesis
Literary Interlude
Doctor
The Doctoral Dissertation: Growth and Trade
Housing Policy: The Three Rents
The Thesis Defense
After the Disssertation
The Guy with the Book
Essays
Per Albin and the Brotherhood
The Hunt for a Chair
The Swedish Institute for Social Research
Gothenburg and Lund
The Housing Market
The Dream of the Labor-Managed Economy
Criticism
More Textbooks
Economic Development
Cuba and Chile
Africa and Asia
In Parliament
The Debater
Economic Policy
Saulus Falls off the Horse
The Overgrown Public Sector
Nourishing and Draining
Pensions: Reform of the ATP System
Nuclear Power
Daycare Centers or Preschools?
University Politics
Immigration
‘The Catching Culture’: More Welfare Abuse
Concentration of Power
The Limits of Democracy
Systemic Defects
Reforming the Welfare State
People
Torsten Gårdlund
Who Was Bo Södersten?
References
10 Rolf G. H. Henriksson: Portrait of an Economist
The Dissertation
The Heckscher Studies
Montgomery and Ohlin
The National Institute of Economic Research
The Lundberg Studies
The Industrial Institute for Economic and Social Research
The Dahmén Studies
The Political Economy Club
The Swedish Economic Association
Politics and History of Economic Doctrines
A Meticulous Lone Wolfer
References
11 The Peasant Oppressor from Norra Fäladen: Ingemar Ståhl and the Regulation of Swedish Agriculture
The Political Economy of the Food Sector
Emergency Policy
The Interest Group Analysis
The Peasants Grumble
Deregulation
CAP
Epilogue: This is 2017
References
12 My Friend Villy
Childhood and Studies
The Social Democrat
The Political Economy of Hemoptysis
In the Scientific Service of the Labor Movement
Editor in Chief, Deputy Governor at the Riksbank and the LO Once More
Moose and Ellington
Socialism for Real
References
13 Social Clauses, Harmonization and Transition Economies: The World of Göte Hansson
The First Publications
The Dissertation
Discrimination
The Practical Level
Harmonization
Trade Policy and Technical Standards
Working Environment Quality and Environmental Destruction
Fiscal and Monetary Policy
A Practical Application: The Car Industry
Internationalization
Ethiopia
Ethiopia Tikdem
More Sida Reports
Eritrea
The Horn of Africa and Tanzania
A Disputed Chair
The Faculty Man
References
Index