The Baltic Exchange: Mutual Influences between Economists in the German and Swedish Language Areas
AbstractIn the 19th and 20th centuries economists of the German and Swedish language areas strongly influenced each other and made significant contributions to the development and critique of neoclassical economics. In our paper, we focus on the prominent contributions of Wicksell, Cassel, Hayek and Myrdal, but consider also others, such as Lutz, Neisser, Palander and Schneider. It might look far fetched to describe their interaction as a “Baltic exchange”, since (for example) Vienna is not part of that region. But history and geographical proximity made German the scientific language for Scandinavian academics in the 19th century, helping Swedish economists to spread their ideas widely on the Continent, before they made an impact in the English language area. Much of the interaction happened indeed close to the Baltic Sea. In the paper we discuss the German influence on Swedish economics that occurred mainly before the First World War, and the Swedish influence on German economics, mainly thereafter. We provide biographical, bibliographical and textual evidence for an exchange of ideas that has stimulated the development of economics far beyond the Baltic Sea.
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Bibliographic InfoPaper provided by University of Gothenburg, Department of Economics in its series Working Papers in Economics with number 288.
Length: 39 pages
Date of creation: 15 Feb 2008
Date of revision:
Publication status: Published in Studien zur Entwicklung der ökonomischen Theorie XXIV. Wechselseitige Einflüsse zwischen dem deutschen wirtschaftswissenschaftlichen Denken und dem anderer europäischer Sprachräume., Heinz D, Kurz (eds.), 2010, pages 65-96, Duncker & Humblot.
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Postal: Department of Economics, School of Business, Economics and Law, University of Gothenburg, Box 640, SE 405 30 GÖTEBORG, Sweden
Phone: 031-773 10 00
Web page: http://www.handels.gu.se/econ/
More information through EDIRC
Germany; Sweden; influence; history of economic thought;
Find related papers by JEL classification:
- B10 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - General
- B20 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - General
This paper has been announced in the following NEP Reports:
- NEP-ALL-2008-02-23 (All new papers)
- NEP-HIS-2008-02-23 (Business, Economic & Financial History)
- NEP-HPE-2008-02-23 (History & Philosophy of Economics)
- NEP-IFN-2008-02-23 (International Finance)
- NEP-SOG-2008-02-23 (Sociology of Economics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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"Wicksell, Cassel and the Idea of Involuntary Unemployment,"
Anais do XXIX Encontro Nacional de Economia [Proceedings of the 29th Brazilian Economics Meeting]
015, ANPEC - Associação Nacional dos Centros de Pósgraduação em Economia [Brazilian Association of Graduate Programs in Economics].
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- Bo Sandelin & Ann Veiderpass, 1996. "The Dissolution of the Swedish Tradition," History of Political Economy, Duke University Press, vol. 28(5), pages 142-164, Supplemen.
- Hagemann, Harald, 2005. "Dismissal, Expulsion, and Emigration of German-Speaking Economists after 1933," Journal of the History of Economic Thought, Cambridge University Press, vol. 27(04), pages 405-420, December.
- Hans-Michael Trautwein, 1996. "Money, Equilibrium, and the Business Cycle: Hayek's Wicksellian Dichotomy," History of Political Economy, Duke University Press, vol. 28(1), pages 27-55, Spring.
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