Carl Foehl

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Carl Föhl (born August 2, 1901 in Krefeld , † February 19, 1973 in Koblenz ) was an economist with an engineering degree, later worked in operational practice and held a chair at the Free University of Berlin .

He was an important exponent of German Neo-Keynesianism and is considered the founder of modern research on the theory of the cycle, business cycle and distribution.

He also founded a theory that, under certain circumstances, allows companies to pass taxes on to consumers.

Life

After studying mechanical engineering at the Technical University of Karlsruhe , he worked as an engineer in Berlin and Stockholm. From 1929 to 1935 he was first managing director of Ruths GmbH in Berlin, then chief engineer of Ruths International in New York.

In 1930 he received his doctorate on a topic from electrical engineering as Dr.-Ing. at the TU Berlin and in 1937 Dr. in economics at the Berlin School of Economics . Carl Föhl's dissertation "Money Creation and the Economic Cycle " is compared by Joseph Schumpeter with the cycle theory by John Maynard Keynes .

From 1954 honorary professor at the University of Tübingen . From 1961 to 1970 he was Professor of Economics and Head of the Institute for Theory of Economic Policy at the Free University of Berlin.

Contributions to economics

Flow diagram representations

He used the flow diagram representations from engineering to represent the economic cycle . He represented the flow of information in the economic cycle scheme in his lecture documents by means of lines between the sectors with branches and with additive, subtractive, proportional, multiplicative and integrative "switching points". He also used time-lags and feedback in the representation of the behavior of the sectors companies, Household, state and abroad.

Revenue chart

With the help of the "revenue diagram", in which the amount of revenue and costs per working hour are arranged in descending order by company, he clarified the position of the "marginal supplier" and how companies offer products and demand workers depending on labor productivity according to the "profit gap" become.

Works

  • Carl Föhl: Money creation and the economic cycle . 1st edition. Munich and Leipzig 1937. 2nd edition. Berlin 1955.
  • Carl Föhl: Analysis of the cycle of wealth formation in the Federal Republic and influencing of its distribution . Expert opinion prepared on behalf of the Federal Ministry of Economics. Institute for Applied Economic Research. Series of publications Volume 2. JCB Mohr, Tübingen 1964.
  • Carl Föhl / Manfred Hennies: Wealth formation in employee hands . Publication series 'Politics in Our Time', Volume 2, Pfullingen 1966.
  • In addition: Numerous articles in well-known magazines.

literature

  • Erich Schneider (ed.): Economic cycle and economic growth. Carl Föhl on his 65th birthday. Mohr, Tübingen 1966.
  • Horst-Walter Hohn: John Maynard Keynes and Carl Föhl: a comparative presentation of their contribution to the development of modern employment theory. Dissertation, Munich 1970.

Web links

Individual evidence

  1. ↑ See also Carl Föhl: Money creation and economic cycle . 1st edition. Munich and Leipzig 1937. 2nd edition. Berlin 1955.
  2. ^ Jørgen Pedersen: Remarks to Carl Föhl's "Money creation and economic cycle". In: Weltwirtschaftliches Archiv, Vol. 78, 1957.
  3. ↑ Manfred Hennies: The FÖHL concept for wealth creation in employee hands with regard to tax problems. Diploma thesis, Berlin 1964.
  4. ^ Joseph Schumpeter: History of Economic Analysis , 1954. German: History of economic analysis. 2 volumes. Göttingen: Vandenhoeck & Ruprecht, 2nd edition 2007, ISBN 3-525-10526-6 . Pp. 1403 and 1427
  5. ^ Carl Föhl in the Federal Archives, Cabinet Protocols
  6. ↑ Revenue diagram in Carl Föhl: Analysis of the cycle of wealth formation in the Federal Republic and influencing its distribution . Expert opinion prepared on behalf of the Federal Ministry of Economics. Institute for Applied Economic Research. Series of publications Volume 2. JCB Mohr, Tübingen 1964. P. 11, 156
personal data
SURNAME Foehl, Carl
BRIEF DESCRIPTION German economist
DATE OF BIRTH August 2, 1901
PLACE OF BIRTH Krefeld
DATE OF DEATH 19th February 1973
Place of death Koblenz