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Knut Wicksell and Contemporary Political Economy

Richard E. Wagner ()
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Richard E. Wagner: George Mason University

Chapter Chapter 20 in Handbook of the History of Economic Thought, 2012, pp 513-525 from Springer

Abstract: Abstract After briefly sketching the life and times of Knut Wicksell, three primary lines of contribution are examined to illustrate Wicksell’s contemporary relevance. The first is Wicksell’s treatment of capital and production in relation to the theory of marginal productivity. The second is Wicksell’s contribution to monetary theory, economic stability, and coordinationist macroeconomics. The third is Wicksell’s contribution to just taxation and the theory of public finance. While portions of each of these three examinations will be purely descriptive, considerable attention will also be given in each part to some contemporary themes that can plausibly be claimed to reflect a Wicksellian orientation.

Keywords: Business Cycle; Public Choice; Time Preference; Marginal Productivity; Capital Good (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:spr:euhchp:978-1-4419-8336-7_20

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DOI: 10.1007/978-1-4419-8336-7_20

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