Money, Growth and Methodology and Other Essays in Economics in Honor of Johan Åkerman [Akerman] March 31, 1961.

[ÅKERMAN, Johan] [AKERMAN] (1896-1982) HEGELAND, Hugo (ed.):

Published by Lund: CWK Gleerup, 1961., 1961

About this Item

Frontispiece, xii, 509 pp. Original cloth. Very Good. Contributors include Allais, Brems, Frisch, Gerschenkron, Alvin Hansen, Morgenstern, Myrdal, Ohlin, Paul A. Samuelson, Shackle, Tinbergen, Tintner, H. Wold, et al. Lund Social Science Studies No. 20. Copy of Anghel Rugina (1913-2008), with his ink stamp. 'Akerman's dissertation, Rhythmics of Economic Life (1928), announced his life-long interest in business cycle theory . . . There was, in his view, a strict synchronization between short and long cycles. Akerman's attempts to formulate a theory would involve incorporating a prescient concern with an endogenous business cycle theory reliant in part upon seasonal cycles which, he argued, were correlated with and could propagate large and longer economic swings. This vision of synchronized cycles was severely critized by Ragnar Frisch (1931). Although largely ignored outside Sweden, Akerman's 'causal association' (1931) theory is a precedent to very recent work on seasonal cycles. Akerman was also the first to identify the 'political business cycle' (1947), a result for which he is better known in the Anglo-Saxon world. Akerman also pursued more expansive work. In his two monumental volumes on economic theory (1939, 1944), he attempts a sweeping theory of historical and structural change and how that, in turn, determines specific economic phenomena. This made him quite critical of the pure theory and the cavalier aggregation methods of the Stockholm School (see Akerman 1953 and the subsequent debate in the Ekonomisk Tidskrift). Akerman's works include a concern with methodology, epistemology and institutional factors that is akin to, but not superseded, by Myrdal. His work, much of it published in Swedish, German or French and often littered with his unique jargon, has had a far greater impact on the Continent than the English-speaking world. Johan Akerman was professor at the University of Lund - Wicksell's old home - and it was Akerman and his approach which characterized what is known as the 'Lund School' (as opposed to 'Stockholm School')' (History of Economic Thought Web site).

Seller Inventory # 19127

Bibliographic Details

• Title: Money, Growth and Methodology and Other Essays in Economics in Honor of Johan Åkerman [Akerman] March 31, 1961.
• Publisher: Lund: CWK Gleerup, 1961.
• Publication Date: 1961
• Binding: Hardcover
• Edition: 1st Edition
• Condition: Very Good
• Dust Jacket Condition: No Jacket