Heckscher, Eli Filip
Eli Filip Heckscher (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).
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Publication information: Article title: Heckscher, Eli Filip. Encyclopedia title: The Columbia Encyclopedia, 6th ed.. © 2012 The Columbia Electronic Encyclopedia © 2012, Columbia University Press. Licensed from Columbia University Press. Used with the permission of Columbia University Press. All Rights Reserved. Publisher: The Columbia University Press. Place of publication: Not available. Publication year: 2013.
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