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Swedish Economists in the 1930s Debate on Economic Planning (Hardcover, 1st ed. 2018)
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Swedish Economists in the 1930s Debate on Economic Planning (Hardcover, 1st ed. 2018)
Series: Palgrave Studies in Economic History
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The 1930s, characterised by repercussions from World War I and the
Great Depression, was an era of populism, nationalism,
protectionism, government intervention and attempts to create
planned economies. The perceived need for economic planning emerged
in Sweden in part due to the increasing political strength of the
Social Democrats and their evolution from a party hampered by
Marxist fatalism to a pragmatic mass movement. The Swedish debate
continued beyond World War II and is still relevant to today's
economic crises, which have resulted in a demand for action coming
from below (populism) and above (elitism). Carlson surveys the
arguments for and against economic planning as they were put
forward by leading Swedish economists in the 1930s, with a focus on
the thoughts of Gustav Cassel, Eli Heckscher, Goesta Bagge, Gunnar
Myrdal and Bertil Ohlin, among others. In so doing he provides a
timely exploration of the debate on the necessary and desirable
extent of state intervention in market economies.
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