In The Development of Swedish and Keynesian Macroeconomic Theory and Its General Impact on Economic Policy, Erik F. Lundberg, who was the last active member of the Stockholm School of Economics, gives a full account of the development of the theories of that famous school, particularly in comparison with the keynesian theories. In addition, he describes the economic policy implications of the 'Swedish Model' and appraises, in many instances critically, the policy experiments which were undertaken in Sweden in the last decades. A Discussion with Professor Lundberg's Comments concludes the…mehr
In The Development of Swedish and Keynesian Macroeconomic Theory and Its General Impact on Economic Policy, Erik F. Lundberg, who was the last active member of the Stockholm School of Economics, gives a full account of the development of the theories of that famous school, particularly in comparison with the keynesian theories. In addition, he describes the economic policy implications of the 'Swedish Model' and appraises, in many instances critically, the policy experiments which were undertaken in Sweden in the last decades. A Discussion with Professor Lundberg's Comments concludes the volume, which also includes a biography and a bibliography of Erik Lundberg.
Editorial foreword; First Lecture: The Theories of the Older Generation Economist. Policy Applications in the 1920s: 1. Introduction; 2. The first Postwar crisis (1918 24); 3. The analysis of Swedish economists; 4. The debate on economic policies; 5. The suggested instruments of economic policy; Second Lecture: The Stockholm School and Keynes. The Experience of the 1930s: 6. The birth of the Stockholm school; 7. The Swedish economy in the 1930s; 8. General features of the Stockholm school approach to economic policy; 9. The theories of the Stockholm school and their policy implications; 10. The disequilibrium approach of the Stockholm school; 11. Further differences between the approaches of Keynes and the Stockholm school; Third Lecture: Postwar Policy Issues and Policy Theories before the 1970s: 12. Evolution of the policy environment; 13. Old traditions and innovations in policy analysis; 14. Gunnar Myrdal's contribution and his opponents; 15. Inflationary gap theories; 16. The Rehn Meidner model and the selective fiscal policy; Fourth Lecture: The Disequilibria of the 1970s and the Need for New Policy Theories: 17. The imbalance of the Swedish economy: 1974 81; 18. The deficiency of policy models; 19. New policy condition; 20. The failure of Keynesian policies; 21. Structural problems and supply-side economics; 22. The debate about the size of the public sector; 23. The need for demand and supply policies; 24. Supply-side policies, efficiency and equity considerations; 25. Concluding remarks on the role of economists; Discussion; Comments; Biography; Bibliography; Index.
Editorial foreword; First Lecture: The Theories of the Older Generation Economist. Policy Applications in the 1920s: 1. Introduction; 2. The first Postwar crisis (1918 24); 3. The analysis of Swedish economists; 4. The debate on economic policies; 5. The suggested instruments of economic policy; Second Lecture: The Stockholm School and Keynes. The Experience of the 1930s: 6. The birth of the Stockholm school; 7. The Swedish economy in the 1930s; 8. General features of the Stockholm school approach to economic policy; 9. The theories of the Stockholm school and their policy implications; 10. The disequilibrium approach of the Stockholm school; 11. Further differences between the approaches of Keynes and the Stockholm school; Third Lecture: Postwar Policy Issues and Policy Theories before the 1970s: 12. Evolution of the policy environment; 13. Old traditions and innovations in policy analysis; 14. Gunnar Myrdal's contribution and his opponents; 15. Inflationary gap theories; 16. The Rehn Meidner model and the selective fiscal policy; Fourth Lecture: The Disequilibria of the 1970s and the Need for New Policy Theories: 17. The imbalance of the Swedish economy: 1974 81; 18. The deficiency of policy models; 19. New policy condition; 20. The failure of Keynesian policies; 21. Structural problems and supply-side economics; 22. The debate about the size of the public sector; 23. The need for demand and supply policies; 24. Supply-side policies, efficiency and equity considerations; 25. Concluding remarks on the role of economists; Discussion; Comments; Biography; Bibliography; Index.
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