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Who Came First: Politicians or Academic Economists?
Titolo Rivista: HISTORY OF ECONOMIC THOUGHT AND POLICY 
Autori/Curatori: Johan Lonnroth 
Anno di pubblicazione:  2013 Fascicolo: Lingua: Italiano 
Numero pagine:  20 P. 121-140 Dimensione file:  111 KB
DOI:  10.3280/SPE2013-001007
Il DOI è il codice a barre della proprietà intellettuale: per saperne di più:  clicca qui   qui 


In this text an analysis is presented concerning who were first to form and accept new macroeconomic policy ideas in Sweden: economic politicians or professional economists. Those ideas were later to be accepted in international mainstream economics. Four paradigmatic shifts, all of them connected to economic - unemployment and/or inflation - crises, are studied: 1) The so called New Economics in the 1930s; 2) the forming of the Rehn & Meidner model and its implementation in the 1940s to 1960s; 3) the gradual shift from Keynesianism to monetarism and norm based theory during the last three decades of the 20th century; 4) the effects on economic thinking of the crisis in 2008/09. The result is that in cases 1, 2 and 4 initiatives to change policies rather came from politicians than from academic professional economists. In case 3 the result is more uncertain.


Keywords: Sweden, politicians, economists, ideas
Jel Code: A11, B22

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Johan Lonnroth, in "HISTORY OF ECONOMIC THOUGHT AND POLICY" 1/2013, pp. 121-140, DOI:10.3280/SPE2013-001007

   

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