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Economics in the Rest of Europe

Roberto Marchionatti

Chapter Chapter 5 in Economic Theory in the Twentieth Century, An Intellectual History—Volume II, 2021, pp 215-251 from Springer

Abstract: Abstract This chapter deals with developments in economics in the rest of Europe—Sweden, Norway, Netherland, France, Italy, USSR. Firstly, the development of an original economic thinking in Sweden with the formation of the Neo-Wicksellian Stockholm School with Erick Lindahl, Gunnar Myrdal and Bertil Ohlin is analyzed. Then the development of the small centers of Oslo and Rotterdam is considered: here, Ragnar Frisch and Jan Tinbergen gave a fundamental impetus to the new econometric movement, a theoretical project which attracted scholars from many European countries and the United States. Then the theoretical development in France, Italy and URSS is analyzed: in France, the econometric approach attracted the group of engineer-economists of the Grandes Écoles; in Italy, economic theory developed along the neoclassical mainstream established in the pre-war years; in the Soviet Union, an essentially heterodox work developed in the 1920s thanks to the writings of Kondratieff, Chayanov, Slutsky and many others.

Keywords: Stockholm School; G. Myrdal; Monetary Equilibrium; R. Frisch; J. Tinbergen; Business Cycle; Econometric Research; Econometric Society; F. Divisia; L. Amoroso; N. Kondratieff (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-80987-4_5

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DOI: 10.1007/978-3-030-80987-4_5

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