In the 19th and 20th centuries economists of the German and Swedish language areas strongly influenced each other and made significant contributions to the development and critique of neoclassical economics. In our paper, we focus on the prominent contributions of Wicksell, Cassel, Hayek and...

This paper argues that Gunnar Myrdal's theory of the state fruitfully elucidates which set of factors contributed to the transformation of the Welfare State into what James K. Galbraith has described as the modern Predator State. Myrdal employs the circular cumulative causation hypothesis...

This paper seeks to establish that contributions to regional theory advanced by Gunnar Myrdal exhibit high levels of explanatory power when clarifying challenges facing Germany's eastern region since the fall of the Berlin Wall. Myrdal's evolutionary institutionalist contribution is contrasted...

An Institutionalist critique that draws from selected contributions of Veblen and Myrdal initiates a convergence debate. Challenged is a Neoclassical interpretation of economic processes expected to lead toward a catching up with respect to per capita output of Germany's poorer eastern region...

The aim of this paper is to offer a general overview of the institutionalist approach to economics, hoping to make clear some of its main advantages as a framework of study of the economic process. In doing so, a brief exposition about some of the weaknesses of neoclassical economics will be...

Characterizes conflict and cooperation in the intertwined careers of Gunnar Myrdal and Dag Hammarskjöld as economists, actors in Swedish policy 1940-1947 and international civil servants, Myrdal being Executive Secretary of the UN ECE 1947-1957 and Hammarskjöld being General Secretary of the...