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O conceito clássico de poupança e a Escola de Estocolmo [The classical concept of saving and the Stockholm School]

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  • Rogério Arthmar

    ()
    (Universidade Federal do Espíritio Santo - UFES)

Abstract

This paper explores the connections between the theories of the Stockhom School and the economic orthodoxy of the 1930’s. First, we reconstitute the classical, Cambridge and Wicksell’s conceptions on saving and its relations with investment. Next, we define the unifying principle behind the analyses of these different approaches as regards the stability of macroeconomic dynamics. After that, we compare the orthodox theories of saving with Lindahl, Myrdal and Ohlin’s views on wicksellian cumulative processes. The main conclusion is that the Swedish authors, when dealing with crucial points of their models, stayed too close to the traditional economic thought then in vogue, impairing thus the capacitity of their own theories to become a true anticipation of the keynesian ideas.

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Bibliographic Info

Article provided by Economics Department, Universidade Federal de Minas Gerais (Brazil) in its journal Nova Economia.

Volume (Year): 11 (2001)
Issue (Month): 2 (December)
Pages: 51-82

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Handle: RePEc:nov:artigo:v:11:y:2001:i:2:p:51-82

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Related research

Keywords: Stockholm School; classical theory; macroeconomic dynamics; stability;

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  1. C. D. Throsby, 1978. "Comment," Economic Papers, The Economic Society of Australia, vol. 1(57), pages 26-28, 01.
  2. Siven, Claes-Henric, 1985. " The End of the Stockholm School," Scandinavian Journal of Economics, Wiley Blackwell, vol. 87(4), pages 577-93.
  3. M. T. Skully, 1978. "Comment," Economic Papers, The Economic Society of Australia, vol. 1(57), pages 58-59, 01.
  4. T. G. Parry, 1978. "Comment," Economic Papers, The Economic Society of Australia, vol. 1(57), pages 39-41, 01.
  5. Laidler,David, 1999. "Fabricating the Keynesian Revolution," Cambridge Books, Cambridge University Press, number 9780521645966.
  6. Ohlin, Bertil, 1978. " Keynesian Economics and the Stockholm School: A Comment on Don Patinkin's Paper," Scandinavian Journal of Economics, Wiley Blackwell, vol. 80(2), pages 144-47.
  7. R. A. Jolly, 1978. "Comment," Economic Papers, The Economic Society of Australia, vol. 1(60), pages 38-42, December.
  8. R. G. Fry, 1978. "Comment," Economic Papers, The Economic Society of Australia, vol. 1(60), pages 14-15, December.
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