Waving the Swedish Flag in Economics

This book examines Swedish influences in the history of economics. Knut Wicksell (1851-1926) can be regarded as the founder of modern monetary macroeconomics. His work has significantly influenced both economic theory and the monetary policy of central banks and continues to do so to this day. Wicksell and other important Swedish economists like Gustav Cassel, Bertil Ohlin and Erik Lindahl, as well as Swedish economic policy, have shaped Hans-Michael Trautwein’s research from the very beginning. In this book, written in honor of Hans-Michael Trautwein, leading international scholars discuss various topics in modern monetary macroeconomics, Swedish contributions to economics, problems in international economics and globalization, and selected topics in the history of economic thought.