Bertil Ohlin

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Ohlin, Bertil


Born Apr. 23, 1899, in Klippan. Swedish economist and political figure.

Ohlin was a professor at both the University of Stockholm and the University of Copenhagen from 1924 to 1929 and at the Stockholm School of Economics from 1929 to 1965. He served as the minister of commerce of Sweden in 1944 and 1945 and represented Sweden in the Council of Europe from 1949 to 1960 and in 1969 and 1970 and in the Nordic Council from 1955 to 1970. He was the chairman of the bourgeois People’s (Liberal) Party between 1944 and 1967.

A member of the Stockholm school of bourgeois political economy, Ohlin shares the basic principles of J. M. Keynes and has proposed that Keynesian theory be improved by distinguishing between economic processes of the past and the future. He advocates a particular combination of free competition, monopoly, and state regulation wherein the bourgeois government can create favorable conditions for private enterprise and monopolies that “do not abuse their position.” This conception, which includes elements of neo-Keynesianism and neoliberalism, together with antimonopolistic demagogy and an open apology for monopolies, is of a decidedly antisocialist nature. Ohlin suggested the Heckscher-Ohlin model, according to which an equilibrium of prices of the factors of production in various countries—and, thus, a general economic equilibrium—is supposedly achieved under conditions of free trade. This theory, which became very popular among bourgeois economists, was developed by P. Samuelson, J. Tinbergen, and others. It is used to justify unequivalent exchange in international capitalist trade and discrimination against the developing countries.


Fri eller dirigerad ekonomi? Stockholm, 1936.
“Metodfrågor inom den dynamiska teorien.” Ekonomisk tidskrift, 1941, vol. 43, no. 4.
Utrikeshandel och Handelspolitik, 5th ed. Stockholm, 1953.
Liberal utmaning, 2nd ed. Stockholm, 1963.
Sträng, Inflationen och skatten. Stockholm, 1970.


Zhikharevich, S. G. Stokgol’mskaia shkola burzhuaznoipoliticheskoi ekonomii. Tartu, 1964.
Seligmen, B. Osnovnye techeniia sovremennoi ekonomicheskoi mysli. Moscow, 1968. (Translated from English.)
Fomin, B. S. Ekonometricheskie teorii i modeli mezhdunarodnykh ekonomicheskikh otnoshenii, Moscow, 1970.
Wennås, O. Ohlin: Folkpartiet och socialliberalismen. Lund, 1970.


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References in periodicals archive ?
Knut Wicksell, Gustav Cassel, Eli Heckscher, Bertil Ohlin, and Gunnar Myrdal on the Role of the Economist in Public Debate.
In contrast, modern international trade theory, as formulated by Paul Samuelson, Bertil Ohlin, and others, predicted that the owners of capital, the wealthy one percent, would prosper while most workers would experience declining incomes.
He first covers the foreign trade paradigms of David Ricardo, explaining trade flows in terms of labor productivity, and of Eli Heckscher and Bertil Ohlin, explaining trade by differences in factor endowments, as well as the associated topics of gains from trade and distributional conflicts.
This book, based on his 1995 Bertil Ohlin Memorial Lectures at the Stockholm School of Economics, is an extended meditation on the role of culture in human affairs, in particular in framing the conditions of economic growth, poverty and decline.
The person that brought the endowments theory of trade to economists outside of Heckscher's native Sweden was Bertil Ohlin with the publication of his 1933 book, Interregional and International Trade.
The book is based on Bhagwati's Ohlin Lectures, the first in what will be a continuing lecture series in honor of the Swedish economist and Nobel laureate, Bertil Ohlin.