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The Stockholm School in a new age – Erik Lundberg’s changing views of the Rehn-Meidner Model

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  • Lennart Erixon

Abstract

The established view is that the Stockholm-School economist Erik Lundberg was a tenacious opponent of the so-called Rehn-Meidner model, an economic and wage policy program developed by two Swedish trade-union economists after WW II. But despite his ideological objections, Lundberg shared many of the premises of the model in his debate with Gösta Rehn in the early 1950s. Furthermore, in their debate, Lundberg approached Rehn’s policy program and macroeconomic theory. Lundberg’s ambiguous attitude turned into a complete adoption of the Rehn-Meidner model in the 1960s. By highlighting the model’s originality, Lundberg also correctly downplayed the impact of the Stockholm School.

Suggested Citation

  • Lennart Erixon, 2021. "The Stockholm School in a new age – Erik Lundberg’s changing views of the Rehn-Meidner Model," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 28(3), pages 375-403, May.
    • Handle: RePEc:taf:eujhet:v:28:y:2021:i:3:p:375-403
    DOI: 10.1080/09672567.2020.1819361
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