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Knut Wicksell is increasingly recognised as one of the great economists and as a major influence on modern economists such as Nobel Prize winner James Buchanan. Wicksell summarized and developed neoclassical economic theory, making major contributions to marginal productivity theory, to public finance and to monetary theory. This biography is an interpretation of Wicksell's life and provides a useful introduction to the life of this important economic figure whose theories and ideas have shown themselves to be of lasting value.