Wicksell, J. G. K (1851.12.20-1926.5.3)
Birthplace Stockholm, Sweden.
Posts Held Lect., journalist and pamphleteer; Ass. Prof., Univ. Uppsala, 1899; Assoc. Prof., Prof., Univ. Lund, 1900, 1903-17.
Degrees Licentiate (Maths.), Dr Univ. Uppsala, 1876, 1895.
Offices and Honours Pres., Economists Club, Stockholm, 1917.
Publications Books: 1. Value, Capital and Rent (1893, 1954); 2. Finanztheoretische Untersuchungen nebst Darstellung und Kritik des Steuerwesens Schwedens (1896); 4. Lectures on Political Economy , 2 vols (1901-6, 1935-51); 5. Selected Papers on Economic Theory (1958).
Career Theorist and political activist whose rigorous work on the marginalist theory of price and distribution and on monetary theory are models of their kind. The Lectures on Political Economy has been aptly called a `textbook for professors'. In an unusually chequered career (including a brief spell of imprisonment) he wrote and lectured tirelessly of radical issues. He was an advocate of social and economic reforms of various kinds, most notably neo-Malthusian population controls. In his later years he was revered by the new generation of economists who became known as the Stockholm School. They developed his ideas on `the cumulative process' into a dynamic theory of monetary macroeconomics simultaneously with but independently of the Keynesian revolution.
Secondary Literature T. Gårdlund, The Life of Knut Wicksell (Almqvist & Wiksell, 1958); C. G. Uhr, Economic Doctrines of Knut Wicksell (Univ. Cal. Press, 1960); T. Gårdlund, `Wicksell, Knut', International Encyclopedia of the Social Sciences , D. L. Sills (ed.) (Macmillan and Free Press, 1968), vol. 16; S. Stern and B. Thalberg, eds., The Theoretical Contributions of Knut Wicksell (Macmillan, 1979).
The Influence of the Rate of Interest on Prices (socsci.mcmaster.ca) Economic Journal, vol. 17, 1907
The Influence of the Rate of Interest on Prices (ecn.bris.ac.uk) Economic Journal, vol. 17, 1907
The Influence of the Rate of Interest on Prices (unimelb.edu.au) Economic Journal, vol. 17, 1907
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