The article discusses Wicksell's assessment of the controversy between Bohm-Bawerk on one side, and Fisher and Bortkiewicz on the other, on the role of productivity (the 'third reason') in the determination of the rate of interest. It is shown that in the process of arguing out the third reason...

<italic>The article discusses Knut Wicksell’s interpretation of the American crisis of 1907, which he presented in a piece published in Swedish in 1908. Wicksell advanced, probably for the first time in the literature, a clear distinction between the “solvency” and “liquidity” of banks, and...</italic>

Some parallels are drawn between Celso Furtado’s structural and Douglass North’s neo-institutional approaches to economic history. It is argued that both authors interpreted the economic history of Brazil and the United States respectively in the context of the investigation of the economic...

The goal of this article is twofold. It examines how Friedrich List’s interpretation of the economic dynamics of “tropical” countries (countries located in tropical climates) as nonindustrial exporters of primary commodities fits in his analytical framework and accords with his emphasis on...