Knut Wicksell
Economist, theory of interest rates
Born
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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