1st Edition

Knut Wicksell Selected Essays in Economics, Volume One

By Bo Sandelin Copyright 1997

    Knut Wicksell made enormous contributions to capital theory, monetary theory and fiscal policy. However whilst his books are widely available in English, few of his more than 800 articles have ever been translated. This volume includes new translations of Wicksell's contributions to marginalism and capital theory; public economics and unemployment.

    Part I Marginalism and Capital Theory; Chapter 1 In Defence of the Theory of Marginal Utility; Chapter 2 Kapital—Und Kein Ende! (Reply to Decent Brisman); Chapter 3 Lexis and Böhm-Bawerk; Chapter 4 On the Theory of Interest (Böhm-Bawerk's ‘Third Ground’); Part II Income, Taxes and Duties; Chapter 5 On the Theory of Tax Incidence; Chapter 6 The Inheritance Tax; Chapter 7 Tariffs and Wages; Chapter 8 High Prices, Tariffs and Wages; Chapter 9 Voluntary or Forced Savings?; Chapter 10 The Historical Development of the Concept of Income; Chapter 11 The Concept of Income as Regards Taxation, and Some Associated Tax Issues; Chapter 12 A Few Comments; Part III Unemployment; Chapter 13 Why Are Factory Operations Being Curtailed?;

    Biography

    Bo Sandelin has been at the Department of Economics, University of Gothenburg, Sweden since 1973. His publications in international journals include articles on the economics of housing, the economics of crime, capital theory and the history of economic thought, with special reference to Wicksell’s capital theory. He has published several books in Swedish, and edited The History of Swedish Economic Thought (Routledge, 1991).