Carl Christian von Weizsäcker
Carl Christian Freiherr von Weizsäcker (born January 28, 1938 in Berlin ) is a German economist and professor emeritus for economics at the University of Cologne .
Life
Weizsäcker comes from the Palatinate - Württemberg family Weizsäcker . His grandfather was the diplomat Ernst von Weizsäcker , his father the physicist and philosopher Carl Friedrich von Weizsäcker , his siblings are Ernst Ulrich von Weizsäcker , Elisabeth Raiser and Heinrich Wolfgang von Weizsäcker as well as the half-sister Dorothea Brenner. His uncle was the Federal President Richard von Weizsäcker . He has three children with his wife Elisabeth, née von Korff , and lives in Röttgen (Bonn) .
Weizsäcker studied from 1957 to 1961 in Basel and received his doctorate there in 1961. phil. (Economics). From 1962 to 1964 he was a research fellow from the German Research Foundation (MIT, Cambridge). From 1964 to 1965 he worked at the MPI for Educational Research in Berlin. In 1965 he completed his habilitation in economics at the University of Basel.
From 1965 to 2003 Full Professor of Economics at the Universities of Heidelberg (1965–1972), Massachusetts Institute of Technology (MIT 1968–1970 Full Professor), Bielefeld (1972–1974), Bonn (1974–1982), Bern (1982–1986 ) and in Cologne ( professor for economics from 1986 until his retirement in 2003).
Act
In 1979 he was accepted into the American Academy of Arts and Sciences . Since 1988 he has been a full member of the Academia Europaea . He was director of the Energy Economics Institute at the University of Cologne , member of the advisory board of RWE Energie AG and member of the board of trustees of the Forum for Future Energies e. V. From 1982 to 1988 he was a member of the Kronberger Kreis , the scientific advisory board of the Market Economy Foundation . The competition theorist and politician was the chairman of the German Monopoly Commission from 1989 to 1998 . In 1999 Carl Christian von Weizsäcker was accepted into the North Rhine-Westphalian Academy of Sciences and Arts , and he is also a member of the German Academy of Engineering Sciences (Acatech) . After his retirement in 2003, he has been a "Senior Research Fellow" at the Max Planck Institute in Bonn since 2004 for the research of common goods .
Most recently von Weizsäcker dealt with problems of the global financial and euro crisis . He advocates, also with regard to the “ savings-glow thesis ”, the thesis based on capital theory, according to which the equilibrium real interest rate can be negative, i.e. less than zero. Savings and investments are equal in equilibrium at the equilibrium interest rate, but this equilibrium real interest rate would currently be less than zero according to von Weizsäcker. If the real interest rate cannot fall below zero with price stability , the savings will be greater than the demand for investments. The gap then has to be closed with a higher national debt .
politics
At the end of the 1960s von Weizsäcker was a registered member of the SPD . From its founding in August 2010 to December 21, 2011, von Weizsäcker was a member of the principle commission of the Free Democratic Party ( FDP ).
Honors
- 1999: Cross of Merit 1st Class of the Order of Merit of the Federal Republic of Germany
- 2014: Gustav-Stolper-Preis of the Verein für Socialpolitik .
Fonts
- Barriers to Entry. A Theoretical Treatment , in: Lectures Notes in Economics and Mathematical Systems , No. 185, Heidelberg 1980
- The Costs of Substitution , in: Econometrica , No. 5, Vol 52, Sept. 1984
- Time preference and delegation , in: Journal for Economic Policy , 1994
- The problem of justice in the social market economy , in: Journal for Economic Policy , 1998
- The logic of globalization , Göttingen 1999
- Argument No. 066 - About market economy and market society. Thoughts on the occasion of the Schröder-Blair paper , Bad Homburg 2000
- Hayek and Keynes: A synthesis , in: ORDO - Yearbook for the Order of Economy and Society , Volume 56, Stuttgart 2005.
- Save and invest in the 21st century. The Great Divergence , with Hagen Krämer , Springer Gabler 2019
literature
- Hans G. Nutzinger (Ed.): Regulation, Competition and Market Economy - Regulation, Competition and the Market Economy. Festschrift for CCvWeizsäcker . Vandenhoeck & Ruprecht, Göttingen 2003.
Web links
- Literature by and about Carl Christian von Weizsäcker in the catalog of the German National Library
- Carl Christian von Weizsäcker at the North Rhine-Westphalian Academy of Sciences and Arts
- CV (PDF; 78 kB)
- Lecture by Prof. Dr. Carl Christian von Weizsäcker 2015 at the AfD party conference in Bremen
- Homepage of von Weizsäcker at the MPI for Research on Collective Goods
- January 28, 2017: Interview (How Germany can increase its imports quickly)
Individual evidence
- ↑ See e.g. B. Carl Christian von Weizsäcker: Limits of the Concept of an Independent Central Bank , in Wirtschaftsdienst , 92nd year (2012), no . 2, Zeit talk, pp. 91–94 doi : 10.1007 / s10273-012-1332-0
- ↑ Carl Christian von Weizsäcker: “Limits of the Concept of an Independent Central Bank” Wirtschaftsdienst 2012/2, Zeit talk, pp. 91–94, doi : 10.1007 / s10273-012-1332-0
- ↑ FAZ, Conclusion, the business blog, July 24, 2012: Economists in conversation (3): Carl Christian von Weizsäcker on the benefits of national debt for Swabian housewives, the logic of zero returns and the importance of capital theory Archived copy ( Memento of the original from August 25, 2012 in the Internet Archive ) Info: The archive link was automatically inserted and not yet checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ Who teaches economics today (XII): Carl Christian von Weizsäcker, Heidelberg: So one makes a career, October 3, 1969 , see also: Bongard, Willi (1969): Who teaches economics today - portraits of leading economists, Munich: Piper , 1969, p. 137.
- ↑ Policy papers of the FDP ( Memento of the original from July 1, 2014 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ Gustav Stolper Prize , accessed on September 11, 2017.
personal data | |
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SURNAME | Weizsäcker, Carl Christian von |
ALTERNATIVE NAMES | Weizsäcker, Carl Christian Freiherr von (full name) |
BRIEF DESCRIPTION | German economist and professor emeritus for economics at the University of Cologne |
DATE OF BIRTH | January 28, 1938 |
PLACE OF BIRTH | Berlin |