Knut Wicksell

Economist, theory of interest rates

Knut Wicksell - Economist, theory of interest rates
Born

December 20th, 1851
173 years ago

Died

1926
99 years ago — 75 years old

Category

Thinkers & Philosophers

Country

Sweden

Links & References

Born in Sweden in 1851, contributions to economics include the introduction of the concept of the natural rate of interest. Developed theories on money and capital, influencing modern economic thought. Engaged in discussions about taxation and public finance, promoting ideas that would influence public policy. Established the basis for the modern theory of capital, which remains relevant in economic discourse. Actively participated in the Scandinavian school of economics, advocating for economic reform.

Introduced the concept of the natural rate of interest

Influenced modern theories on money and capital

Contributed to public finance discussions

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