Gustav Cassel

Karl Gustav Cassel (20 October 1866 – 14 January 1945) was a Swedish economist and professor of economics at Stockholm University. Cassel was among the most prominent economists in the world in the interwar period.

Gustav Cassel
Born(1866-10-20)20 October 1866
Stockholm
Died14 January 1945(1945-01-14) (aged 78)
NationalitySwedish
Academic career
InstitutionStockholm University
FieldMathematical economics
School or
tradition
Stockholm School
Alma materUppsala University
Doctoral
advisor
Gösta Mittag-Leffler
Doctoral
students
Gunnar Myrdal
Bertil Ohlin
Eli Heckscher
Gösta Bagge
InfluencesLéon Walras
ContributionsPurchasing power parity,
work on interest

Cassel was influential in Swedish debates about central planning in the early 20th century. Prior to World War I, Cassel held classical liberal views but shifted towards conservative liberalism in the interwar period. Cassel was a leading critic of state intervention in the economy.

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