Gustav Cassel
Gustav Cassel | |
|---|---|
| Born | 20 October 1866 |
| Died | 14 January 1945 (aged 78) |
| Nationality | Swedish |
| Academic background | |
| Alma mater | Uppsala University |
| Doctoral advisor | Gösta Mittag-Leffler |
| Influences | Léon Walras |
| Academic work | |
| Discipline | Mathematical economics |
| School or tradition | Stockholm School |
| Institutions | Stockholm University |
| Doctoral students | Gunnar Myrdal Bertil Ohlin Eli Heckscher Gösta Bagge |
| Notable ideas | Purchasing power parity, work on interest |
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. He made contributions to the study of value, monetary policy, and business cycles.
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 socialism and state intervention in the economy.