Knut Wicksell (1851-1926) was a Swedish economist, a founding figure of the Stockholm School. He developed the concept of the natural rate of interest and the cumulative process theory, explaining how divergence between market and natural interest rates drives inflation or deflation. His work influenced both Austrian capital theory and later Keynesian macroeconomics and monetary policy design. This description is adapted from Wikipedia contributors under CC BY-SA 4.0; changes were made. https://creativecommons.org/licenses/by-sa/4.0/
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Knut Wicksell
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Additional Source WikipediaKnut Wicksell, Stockholm School / legacy section
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Source Knut Wicksell (Wikipedia)Lead sentence 1Quote, Lead sentence 1
Johan Gustaf Knut Wicksell (December 20, 1851 – May 3, 1926) was a Swedish economist of the Stockholm school.
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1. Knut Wicksell (Wikipedia)
Wikimedia FoundationLead section
He made contributions to theories of population, value, capital and money, as well as methodological contributions to econometrics.
Infobox, Born field
December 20, 1851
Infobox, Died field
May 3, 1926
In Group: Monetarist and Monetary Economists, Lead section, sentence 3
He made contributions to theories of population, value, capital and money, as well as methodological contributions to econometrics.
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Wikimedia FoundationInfluenced: Gunnar Myrdal, Knut Wicksell, Stockholm School / legacy section
In Stockholm, Wicksell associated himself with other future great economists of the so-called "Stockholm School," such as Bertil Ohlin, Gunnar Myrdal and Erik Lindahl.
Influenced: Bertil Ohlin, Knut Wicksell, Stockholm School / legacy section
In Stockholm, Wicksell associated himself with other future great economists of the so-called "Stockholm School," such as Bertil Ohlin, Gunnar Myrdal and Erik Lindahl.
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