Share on Facebook Share on Twitter Email
Answers.com

Eli Heckscher

 
Britannica Concise Encyclopedia: Eli Filip Heckscher

(born Nov. 24, 1879, Stockholm, Swed. — died Nov. 26, 1952, Stockholm) Swedish economist and economic historian. He taught at the Stockholm School of Economics from 1909 and was a founder and director of the Stockholm Institute for Economic History. He wrote mainly on economic history, producing such works as The Continental System (1922) and Mercantilism (1935). He originated the concept of commodity points, which limit the fluctuation of paper currencies, and argued in favour of free trade, asserting that differing productive factors were responsible for differing commodities trading advantages among nations. This hypothesis, expanded on by his student Bertil Ohlin (1899 – 1979), is now known as the Heckscher-Ohlin theory.

For more information on Eli Filip Heckscher, visit Britannica.com.

Search unanswered questions...
Enter a question here...
Search: All sources Community Q&A Reference topics
 
Columbia Encyclopedia: Eli Filip Heckscher
Top
Heckscher, Eli Filip (ĕ'lē fĭl'ĭp hĕk'shər), 1879-1952, Swedish economic historian. Influenced by the neoclassical economics of Alfred Marshall, Heckscher advocated the use of monetary policy to combat inflation. His views were adopted by the Bank of Sweden in 1920. His best-known work, Mercantilism (tr. 1935), was the first modern synthesis of mercantile thought and practice. Heckscher saw the mercantile system as embodying the political and economic values of competitive young nation states, and he questioned the validity of mercantile theory. Other works include an outstanding economic history of Sweden (4 vol., 1935-49; tr. of abridged ed. 1954).
Wikipedia: Eli Heckscher
Top
Eli Heckscher

Eli Filip Heckscher (Stockholm, 24 November 1879 - Stockholm, 23 December 1952) was a Swedish political economist and economic historian.

Biography

Heckscher was born in Stockholm into a prominent Jewish family, son of the Danish-born businessman Isidor Heckscher and his spouse Rosa Meyer, and completed his secondary education there in 1897. He studied at university in Uppsala and Gothenburg, completing his PhD in Uppsala in 1907. He was professor of Political economy and Statistics at the Stockholm School of Economics from 1909 until 1929, when he exchanged that chair for a research professorship in economic history, finally retiring as emeritus professor in 1945.

According to a bibliography published in 1950, Heckscher had as of the previous year published 1148 books and articles, among which may be mentioned his study of Mercantilism, translated into several languages, and a monumental Economic history of Sweden in several volumes. Heckscher is best known for a model explaining patterns in international trade (Heckscher-Ohlin model) that he developed with Bertil Ohlin at the Stockholm School of Economics.

Eli Heckscher's son was Gunnar Heckscher (1909-1987), political scientist and leader of what later became Moderate Party 1961-1965. His grandson, however, is Social Democratic politician Sten Heckscher.

References

Further reading

  • Eli Heckscher, International Trade, and Economic History, Findlay, Ronald, Rolf G. H. Henriksson, Håkan Lindgren and Mats Lundahl, eds., The MIT Press, 2007.

 
 

 

Copyrights:

Britannica Concise Encyclopedia. Britannica Concise Encyclopedia. © 2006 Encyclopædia Britannica, Inc. All rights reserved.  Read more
Columbia Encyclopedia. The Columbia Electronic Encyclopedia, Sixth Edition Copyright © 2003, Columbia University Press. Licensed from Columbia University Press. All rights reserved. www.cc.columbia.edu/cu/cup/ Read more
Wikipedia. This article is licensed under the Creative Commons Attribution/Share-Alike License. It uses material from the Wikipedia article "Eli Heckscher" Read more