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Bertil Ohlin

Bertil Ohlin
Bertil Ohlin.jpg
Bertil Ohlin
Minister for Trade
In office
1944–1945
Prime Minister Per Albin Hansson
Preceded by Herman Eriksson
Succeeded by Gunnar Myrdal
Leader of the People's Party
In office
1944–1967
Preceded by Gustaf Andersson
Succeeded by Sven Wedén
Member of the Swedish Parliament
for
In office
1938–1970
President of the Nordic Council
In office
1959–1959
Preceded by Nils Hønsvald
Succeeded by Gísli Jónsson
In office
1964–1964
Preceded by Nils Hønsvald
Succeeded by Sigurður Bjarnason
Personal details
Born (1899-04-23)23 April 1899
Klippan, Skåne County
Died 3 August 1979(1979-08-03) (aged 80)
Åre, Jämtland County
Nationality Sweden
Political party People's Party
Alma mater B.A. Lund University (1917)
MSc. (1919)
M.A. Harvard University (1923)
Ph.D. (1924)
Bertil Ohlin
Fields Economics
Institutions University of Copenhagen (1925–1930)
(1930–1965)
Doctoral advisor Gustav Cassel
Known for Heckscher–Ohlin model
Heckscher–Ohlin theorem
Notable awards Nobel Memorial Prize in Economic Sciences (1977)

Bertil Gotthard Ohlin (Swedish: [ˈbæʈil uˈliːn]) (23 April 1899 – 3 August 1979) was a Swedish economist and politician. He was a professor of economics at the from 1929 to 1965. He was also leader of the People's Party, a social-liberal party which at the time was the largest party in opposition to the governing Social Democratic Party, from 1944 to 1967. He served briefly as Minister for Trade from 1944 to 1945 in the Swedish coalition government during World War II. He was President of the Nordic Council in 1959 and 1964.

Ohlin's name lives on in one of the standard mathematical models of international free trade, the Heckscher–Ohlin model, which he developed together with Eli Heckscher. He was jointly awarded the Nobel Memorial Prize in Economic Sciences in 1977 together with the British economist James Meade "for their pathbreaking contribution to the theory of international trade and international capital movements".

Having received his B.A. from Lund University 1917 and his MSc. from in 1919. He obtained an M.A. from Harvard University in 1923 and his doctorate from in 1924. In 1925 he became a professor at the University of Copenhagen. In 1929 he debated with John Maynard Keynes, contradicting the latter's view on the consequences of the heavy war reparations payments imposed on Germany. (Keynes predicted a war caused by the burden of debt, Ohlin thought that Germany could afford the reparations.) The debate was important in the modern theory of unilateral international payments.


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