The Development of Swedish and Keynesian Macroeconomic Theory and its Impact on Economic Policy

These lectures are concerned with the origins of the distinctive policies of the so-called Stockholm School of Economics of which Lundberg was a leading member. He explores the historical development of the School and considers its place in the wider Keynesian tradition that dominated macroeconomic thinking in the West from the 1930s to the 1970s. The author considers the failure of Keynesian policies both in Sweden and internationally and offers some tantalizing and provocative remedies for future policy-makers to ponder.