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Swedish Economists in the 1930s Debate on Economic Planning
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.
Keynes's Economic Consequences of the Peace after 100 Years
Keynes's controversial book The Economic Consequences of the Peace set policy debates that endure to this day. This volume's survey will interest scholars and students of economics, international relations, and policymakers. Its accessible style speaks to members of the general public who follow debates over the global economy and world affairs.
The Stockholm School of Economics Revisited
Papers from a conference held Aug. 31-Sept. 1, 1987 outside Stockholm, Sweden. Includes bibliographical references (p. 467-471).
The Dynamics of Poverty
This book examines Gunnar Myrdal’s analysis of poverty in relation to Sweden, the United States, South Asia, and the international economy. The chapters investigate Mrydal’s methodological development and his focus on the principle of circular and cummulative causation, dynamic economic analysis, institutional frameworks, value premises, and social engineering. The challenge of world poverty, the international dimension of poverty, and the legacy of The American Dilemma and Asian Drama are also discussed. This book aims to explore the development of Myrdal’s analysis of poverty during his life. It will be relevant to students and academics interested in the history of economic thought, development economics, the political economy, and labor economics.
A Culture of Growth
Why Enlightenment culture sparked the Industrial Revolution During the late eighteenth century, innovations in Europe triggered the Industrial Revolution and the sustained economic progress that spread across the globe. While much has been made of the details of the Industrial Revolution, what remains a mystery is why it took place at all. Why did this revolution begin in the West and not elsewhere, and why did it continue, leading to today's unprecedented prosperity? In this groundbreaking book, celebrated economic historian Joel Mokyr argues that a culture of growth specific to early modern Europe and the European Enlightenment laid the foundations for the scientific advances and pioneerin...
The German Historical School and European Economic Thought
The financial crisis of 2008 has revived interest in economic scholarship from a historical perspective. The most in depth studies of the relationship between economics and history can be found in the work of the so-called German Historical School (GHS). The influence of the GHS in the USA and Britain has been well documented, but far less has been written on the rest of Europe. This volume studies the interconnection between economic thought and economic policy from the mid-nineteenth century to the interwar period. It examines how the School’s ideas spread and was interpreted in different European countries between 1850 and 1930, analysing its legacies in these countries. In doing so, th...
Inequality: Economic and Social Issues
Inequalities of opportunity affect a person’s life expectancy and access to basic services and human rights through discrimination, abuse, and lack of access to justice. High levels of inequality of opportunity discourage skill accumulation, choke economic and social mobility, and, consequently, depress economic growth. Inequality also entrenches uncertainty, vulnerability, and insecurity; undermines trust in institutions and government, increases social discord and tensions, and triggers violence and conflicts. This book presents wide-ranging perspectives on economic inequality, as measured by differences in incomes and wealth. The contributors to the book explore how the economy is shape...
Securing the World Economy
Securing the World Economy explains how efforts to support global capitalism became a core objective of the League of Nations. Based on new research drawn together from archives on three continents, it explores how the world's first ever inter-governmental organization sought to understand and shape the powerful forces that influenced the global economy, and the prospects for peace. It traces how the League was drawn into economics and finance by the exigencies of the slump and hyperinflation after the First World War, when it provided essential financial support to Austria, Hungary, Greece, Bulgaria, and Estonia and, thereby, established the founding principles of financial intervention, in...
Identifying Channels into Business for Somali-Swedes in the UK
Many Somali-Swedes have over the years moved on to the UK to start businesses. What channels do they use to enter into business in the UK? What can we learn from their stories? This article makes a contribution to the field of immigrant migration, integration and entrepreneurship by identifying and analysing what channels Somali-Swedes use to integrate into the UK labour market through entrepreneurship. The analysis is based on interviews, observations and field notes from Birmingham, Leicester and London. The results suggest that Somali-Swedes use different channels to start business in the UK, such as socialization, belonging, community, cultural bonds and heritage, informal banking, public flexibility, free business introduction and making use of experience. Keywords: Immigrant migration, immigrant entrepreneurship, integration, business, Somalis, UK, Sweden
