13 Facts About Bertil Ohlin

Bertil Gotthard Ohlin was a Swedish economist and politician.

Bertil Ohlin was a professor of economics at the Stockholm School of Economics from 1929 to 1965.

Bertil Ohlin was 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.

Bertil Ohlin served briefly as Minister of Commerce and Industry from 1944 to 1945 in the Swedish coalition government during World War II.

Bertil Ohlin was President of the Nordic Council in 1959 and 1964.

Bertil Ohlin 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".

Bertil Ohlin was raised in Klippan, Scania with seven siblings, where his father Elis was a civil servant and bailiff.

In 1930, Bertil Ohlin succeeded Eli Heckscher, his teacher, as a professor of economics, at the Stockholm School of Economics.

In 1933 Bertil Ohlin published a work that made him world-renowned, Interregional and International Trade.

Bertil Ohlin built in it an economic theory of international trade from earlier work by Heckscher and his own doctoral thesis.

In 1937, Bertil Ohlin spent half a year at the University of California, Berkeley, as a visiting professor.

Bertil Ohlin was party leader of the liberal Liberal People's Party from 1944 to 1967, the main opposition party to the Social Democrat Governments of the era, and from 1944 to 1945 was Minister of Commerce and Industry in the wartime government.

Bertil Ohlin noted that the United States had a lot of capital; therefore, it should export capital-intensive products and import labor-intensive products.