Carl Christian von Weizsäcker

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Carl Christian von Weizsäcker, 2015

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

Fonts

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

Commons : Carl Christian von Weizsäcker  - Collection of images, videos and audio files

Individual evidence

  1. 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
  2. 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
  3. 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. @1@ 2Template: Webachiv / IABot / faz-community.faz.net
  4. 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.
  5. 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.  @1@ 2Template: Webachiv / IABot / www.fdp.de
  6. Gustav Stolper Prize , accessed on September 11, 2017.