ABSTRACT

Periods of economic revolution are usually characterized by great activity in economic science. Thus it was during the period after the Napoleonic Wars, and it has been so during and after the world-war. It is not too much to maintain that economic theory is at present undergoing a change, from which may result just as great progress as that which occurred at the beginning of the nineteenth century in England. An analysis of the development in various countries during and after the world-war should accordingly be of great interest. An attempt will be made in the following pages to set forth the essentials of the recent developments in Swedish economic thought. To give the general background, a few words will first be said about Swedish works in economics during the pre-war period.