CASSEL, (KARL) GUSTAV


Meaning of CASSEL, (KARL) GUSTAV in English

born Oct. 20, 1866, Stockholm died Jan. 14, 1945, Djursholm?, Swed. Swedish economist who gained international prominence through his work on world monetary problems at the Brussels Conference in 1920 and on the League of Nations Finance Committee in 1921. Cassel was educated at the universities of Uppsala and Stockholm and became professor of economics at the latter (190433). In his theoretical studies, he rejected the marginal utility value theory of English and Austrian economists. He served as Swedish delegate to several meetings of the International Chamber of Commerce and in 1933 was sent by the Swedish government to the World Economic Conference in London.

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