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Ragnar Frisch and the Postwar Norwegian Economy: A Critical Comment on Sæther and Eriksen

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  • Olav Bjerkholt

Abstract

This article is a critical review of the picture drawn by Arild Sæther and Ib Eriksen (2014) of the economic policy and development of postwar Norway and of the influence exerted by Ragnar Frisch. Regarding the postwar economy the present article draws on a number of comprehensive studies by American and other scholars, and finds that the presentation in Sæther and Eriksen (2014) is seriously flawed. Also flawed is Sæther and Eriksen’s discussion related to Ragnar Frisch’s teaching and general influence. In the characterization of Frisch and to some extent of the Norwegian economists as a group the problem is not so much ignorance as ideological and moralistic bias, leading Sæther and Eriksen astray and relieved from the obligation of providing evidence for assertions, not least for defamatory ones.

Suggested Citation

  • Olav Bjerkholt, 2014. "Ragnar Frisch and the Postwar Norwegian Economy: A Critical Comment on Sæther and Eriksen," Econ Journal Watch, Econ Journal Watch, vol. 11(3), pages 297-312, September.
  • Handle: RePEc:ejw:journl:v:11:y:2014:i:3:p:297-312
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    References listed on IDEAS

    as
    1. Olav Bjerkholt, 2009. "The making of the Leif Johansen multi-sectoral model," History of Economic Ideas, Fabrizio Serra Editore, Pisa - Roma, vol. 17(3), pages 103-126.
    2. Arild Sæther & Ib E. Eriksen, 2014. "Ragnar Frisch and the Postwar Norwegian Economy," Econ Journal Watch, Econ Journal Watch, vol. 11(1), pages 46-80, January.
    3. Samuelson, P. A., 1974. "Remembrances of Frisch," European Economic Review, Elsevier, vol. 5(1), pages 7-23, June.
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    Cited by:

    1. Arild Sæther & Ib E. Eriksen, 2014. "A Reply to Olav Bjerkholt on the Postwar Norwegian Economy," Econ Journal Watch, Econ Journal Watch, vol. 11(3), pages 313-317, September.
    2. Ragnar Nymoen, 2017. "Between Institutions and Global Forces: Norwegian Wage Formation Since Industrialisation," Econometrics, MDPI, vol. 5(1), pages 1-54, January.

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    More about this item

    Keywords

    Ragnar Frisch; Norway;

    JEL classification:

    • A14 - General Economics and Teaching - - General Economics - - - Sociology of Economics
    • B20 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - General
    • B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals
    • N14 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Europe: 1913-

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