CASSEL, GUSTAV (1866– ), Swedish economist, was born at Stockholm on Oct. 20, 1866. He became in 1904 profes sor of economics in the Hogskola at Stockholm. His memorandum on "The World's Monetary Problem" at the Brussels Conference in 1920 attracted great attention. In another memorandum to the League of Nations Finance Committee in Sept. 1921 (printed together with the first under the title of The World's Monetary Problems. Two Memoranda, 1921), he discussed the questions connected with the financial crisis of 1920. By this time he had come to be regarded as one of the world's leading authorities on foreign exchanges. Cassel was attached to the Swedish delegation as a financial expert at the 1922 Genoa Conference and was a dele gate at the meeting of International Chambers of Commerce in London in 1921 and 1922. He was again a delegate at the Inter national Economic Conference held at Geneva under the auspices of the League of Nations in 1927.
Among Cassel's published works are: The Nature and Necessity of Interest (1903) ; Theoretische Sozialokonomie (1918) ; Money and Foreign Exchanges after 1914 (1922) ; Weltwirtschaft and Geldver kehr unter besonderer Beriicksichtigung des Valutaproblems (192o) ; Fundamental Thoughts on Economics (1925).