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International workshop on "Austrian and Swedish Economics: Criss-Cross Stories and Current
Perspectives"
22-23 March 2002  
CREUSET, University of St-Etienne, France 
 
Since the end of the 19th century, the Austrian and Swedish traditions have developed
along a similar frame. From the outset, these two traditions have shared a common critical
view with the expanding Walrasian paradigm, thereby creating for each generation close
connections between authors : between Böhm-Bawerk, Mises and Wieser on the one hand, and
Wicksell on the other hand, and later on, between Hayek and the Stockholm School of the
1930s (especially Myrdal).
 
This international workshop focuses on an original topic, namely the meeting of Austrian
economics with Swedish economics, around two main concerns.
 
Firstly, the workshop offers the opportunity to discuss this common, though complex,
history and to emphasize the similarities and differences between the authors of both
traditions on some shared fundamental topics: capital  theory, business cycle theory, the
role of expectations in economic dynamics, the conception of economic policy in both
traditions, the theory of institutions, the conception of time and the market process.
 
Secondly, faced with the undeniable success of the current numerous reinterpretations of
Austrian thought and with the recent dispute on the traditional idea of a mere absorption
of the Stockholm School within neo-Keynesian economics, the workshop is also an occasion
to examine the recent developments of both schools. It would be interesting to show how
the Austrian and Stockholm schools could enrich the understanding of current economic
theory, with special emphasis on the following topics:  recent analysis of the market
process: for instance, evolutionary game theory as an attempt to formalize spontaneous
orders, current macroeconomic theory: the imperfect coordination of economic activities,
the role of auto-enforcing processes as it stems in particular from the Wicksellian notion
of cumulative causation, current developments in the theory of institutions, the
rationality of expectations: the role of adaptative versus cognitive behavior, sequential
dynamics and disequilibrium analysis.
 
Inaugural Conference : Axel Leijonhufvud (Trento and UCLA) 
 
site : http//www.univ-st-etienne.fr/-creuset 
This site develops informations about the workshop (program, inscription...). 
 
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