Erik Filip Lundberg (13 August 1907 – 14 September 1987) was a

Swedish Swedish or ' may refer to: Anything from or related to Sweden, a country in Northern Europe. Or, specifically: * Swedish language, a North Germanic language spoken primarily in Sweden and Finland ** Swedish alphabet, the official alphabet used by ...

economist An economist is a professional and practitioner in the social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy. Within this field there are ...

, born in Stockholm. He was a

professor Professor (commonly abbreviated as Prof.) is an academic rank at universities and other post-secondary education and research institutions in most countries. Literally, ''professor'' derives from Latin as a "person who professes". Professors ...

political economics Political economy is the study of how economic systems (e.g. markets and national economies) and political systems (e.g. law, institutions, government) are linked. Widely studied phenomena within the discipline are systems such as labour mar ...

at Stockholm University and a member of the Stockholm School of economic thought. He was president of the

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from 1968 to 1971. From 1969 to 1979, he was a member of the committee that selects the laureates for the Sveriges Riksbank Prize in Economic Sciences, the Economics Prize Committee, and served as the committee's chairman from 1975 to 1979. Erik Lundberg was the son of mathematician Ph.D. Filip Lundberg (1876-1965) and Astrid Bergstedt. 1931-33 he studied in the United States as Rockefeller Scholar, after his associate degree at Stockholm University, and when he returned to Sweden, he received post at the Riksbank's economic secretariat. In 1934 he was economic planning committee financial advisor in Iceland. He took his doctorate in 1937 with Studies in the theory of economic expansion, and received the same year employment at the Institute of Economic Research, where he in 1944 became head. He was one of Finance Minister Ernst Wigforss' closest advisers and at that time almost the same time he was appointed the first professor of economics at Stockholm University, a position he held from 1946 to 1965. He was also expert in various state investigations in the 1930s and 40s. 1933-1935 published Lundberg, Ingvar Svennilson and Gösta Bagge, Wages in Sweden 1860-1930 I-II. In his doctoral thesis develops Lundberg the economic theory which

Keynes John Maynard Keynes, 1st Baron Keynes, ( ; 5 June 1883 – 21 April 1946), was an English economist whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments. Originally trained in m ...

presented in the Treatise of Money, and attempts, mainly by

Knut Wicksell Johan Gustaf Knut Wicksell (December 20, 1851 – May 3, 1926) was a leading Swedish economist of the Stockholm school. His economic contributions would influence both the Keynesian and Austrian schools of economic thought. He was married to t ...

's work, combining it with a dynamic aspect, and launching a business cycle and a non-equilibrium theory. In other works he investigates investments dual roles of demand and supply, and stated that this could lead to an imbalance in growth. The early work studying how the economy is affected by export and import. In Produktivitet och räntabilitet (The productivity and return on investments) 1961 he coins the phrase "The Horndalseffect" to describe an increase in productivity without investment. In the 1980s, his research focused on the economic crisis and the 1900s major economists' influence on politics.

References

{{DEFAULTSORT:Lundberg, Erik 1907 births 1987 deaths 20th-century Swedish economists Academic staff of the Stockholm School of Economics Financial economists Macroeconomists Keynesians Corresponding Fellows of the British Academy Members of the Royal Swedish Academy of Sciences Member of the Mont Pelerin Society