Eqvester

The Stockholm School of Economics

There should be two separate articles. One for the Business school SHH - ne The Stockholm School of Trade - and another article dealing with the school of economic doctrine called the Stockholm School of Economics. The problem stems from the fact that the business school Handels Hogskolan i Stockholm, or the S.H.H., has incorporated the name Stockholm School of Economics and made it their own in English. The school of doctrine is older - it could be said to have started with the publishing of Wicksell's Lectures in 1899 - and only a few of the economist belonging to this school were from the S.H.H. Further from a point of view of Economic doctrine the concept of the Stockholm School of Economics is important, but have nothing to do with Keynes as somebody have tried to claim - it was rather an earlier alternative to the Keynesian theory. John Maynard Keynes claimed that he wasn't not influenced by Knut Wicksell because he didn't read German (Wicksell's work was only published in German and Swedish then but is now available in English) - anyone who have read his list of literature knows that to be false; he read, spoke and wrote German. Further Keynes first great work - The Treatise on Money - could be said to be simply a restatement of Wicksell's Lectures, but in English. In the early and mid 1930-ties there were three economist's - they were in correspondence with each other - that raced to develop a new theory of economics: John Maynard Keynes, Bertil Ohlin and the Portuguese Sal Lazar. Keynes won the race by publishing - in 1936 - his General Theory...in English - which was by then the dominant world language. The other two then left the field of economics for politics - each in his own way - and with the exit of Bertil Ohlin from the field of economics there was no longer a reason for be for the Stockholm School of Economics - the doctrine - as the world had now accepted the Keynesian version of the general idea. Gunnar Myrdal - a S.H.H. economist - was - in his own language - ex-post to all this and a confirmed Keynesian and thereby an antithesis to the alternative doctrine called the Stockholm School of Economics. The principal economist of the Stockholm School of Economics was Professor Cassell who created the Purchasing Power Parity (PPP) theorem and was active at the University of Stockholm. —Preceding unsigned comment added by Eqvester (talk • contribs) 15:46, 15 September 2008 (UTC)

Interesting comment by Eqvester above. However, there are some mistakes in it. First of all, there is no school in Sweden with the name S.H.H. I suppose that the author must be thinking of HSS (Handelshögskolan i Stockholm). Handels-högskolan i one word; writing "Handels Högskolan" is considered a serious grammatical mistake in Swedish (compare with the word "sjuksköterska" - nurse, which written separately as "sjuk sköterska", would mean a 'sick nurse').

Furthermore, "Stockholm School of Economics" is the proper name for this academic institution in English. "Stockholm School of Business" is considered by the Stockholm University, as the new name for a new separate institution that they want to establish, encompassing the SU departments of business and economics. This new school, administratively still under the Stockholm University, would be a potential rival to the Stockholm School of Economics, i.e. the two names "Stockholm School of Economics" and "Stockholm School of Business" should not be confused. The name usually used for the intellectual movement, of which SSE professors Bertil Ohlin and Gunnar Myrdal where influential members, is the Stockholm school (Swedish: Stockholmsskolan).

Finally, Knut Wicksell was never a member of the Stockholm school. Wicksell died in 1926; the name the Stockholm school, was launched by Bertil Ohlin in the article "Some notes on the Stockholm theory of savings and investment" in Economic Journal in 1937. Ohlin's publishing of this article was made in response to the publishing of British economist Maynard Keynes's magnum opus "The General Theory of Employment, Interest and Money" the year before (1936). The purpose was to draw attention to the Swedish discoveries, which had to some extent pre-dated Keynes' discoveries.

I definitely do believe that users that maliciously alter the proper names of organisations, after their own likings and opinions, should be permanently barred from doing any further editings on Wikipedia.--Yinandjang (talk) 19:56, 17 September 2008 (UTC)