Knut Wicksell made enormous contributions to capital theory, monetary theory and fiscal policy. However whilst his books are widely available in English, few of his more than 800 articles have ever been translated. This volume, first published in 1997, includes new translations of Wicksell's contributions to marginalism and capital theory; public economics and unemployment.
I. Marginalism and Capital Theory: 1. In Defence of the Theory of Marginal Utility, 2. Kapital - und Kein Ende!, 3. Lexis and Bohm-Bawerk, 4. On the Theory of Interest II. Income, Taxes and Duties: 5. On the Theory of Tax Incidence, 6. The Inheritance Tax, 7. Tariffs and Wages, 8. High Prices, Tariffs and Wages, 9. Voluntary or Forced Savings, 10. The Historical Development of the Concept of Income, 11. The Concept of Income as Regards Taxation, 12. A Few Comments III. Unemployment: 13. Why Are Factory Operators Being Curtailed
Although most of his major books have now been translated into English, relatively few of his essays have. These two volumes, first published in 1997 and 1999, made many of Wicksell's most important contributions accessible to the English speaking reader for the first time and this reissue will be welcomed by economists at all levels.
These volumes contain translations of articles originally written in Swedish and German which focus on:
*marginalism and capital theory
*money and price theory
* Wicksell's book reviews, including reviews of Leon Walras, Ludwig von Mises and John Bates Clark.