Description - Bertil Ohlin by John Cunningham Wood
Bertil Ohlin was one of the founding figures of modern international trade theory, and hence one of the prime movers in twentieth century economics. A leading member of the Stockholm School, he was a student of Gustav Cassel. His work on macroeconomics, with its use of such concepts as the propensity to consume, the liquidity preference and the multiplier, made him an important precurser of Keynes. However it is his work in international trade which has had the most significant legacy. This was most fully expressed in his 1933 work Interregional and International Trade and has been immortalized thereafter as hecksher-Ohlin Trade Theory. Bertil Ohlin : Critical Assessments brings together some 110 articles on this great economist, analysing his life, his work, and his impact on modern economic analysis. Whilst all aspects of his work are addressed, the greatest emphasis is on his impact on the development of modern trade theory. The collection includes articles by Paul Samuelson, Don Patinkin, and Rudiger Dornbusch and will be an invaluable work of reference for anyone studying the development of modern economics.
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