Eckhard Hein

Eckhard Hein (* 1963 ) is a German economist . He has been Professor of Economics, in particular European Economic Policy, at the Berlin School of Economics and Law since 2009 . Before that, he headed the General Economic Policy section of the Institute for Macroeconomics and Business Cycle Research (IMK) of the Hans Böckler Foundation .

Life

Born in 1963, Eckhard Hein studied economics from 1985 to 1990 at the University of Bremen and at the New School for Social Research in New York . In 1996 he received his doctorate with a dissertation “Money, Effective Demand and Capital Accumulation” at the Free University of Berlin . After that he was initially a research assistant at the Carl von Ossietzky University of Oldenburg . In 2001 he became head of department for business cycle research and general economic policy at the WSI . From 2005 to 2009 he was head of the general economic policy department at the IMK . In 2005 he completed his habilitation at the Carl von Ossietzky University, where he became a private lecturer in economics. From 2005 to 2008 he also taught as a visiting professor and visiting professor at the University of Hamburg , and from 2007 to 2008 he was also a visiting professor at the Vienna University of Economics and Business . He is editor of the European Journal of Economics and Economic Policies: Intervention .

research

In the introduction to his dissertation, Eckhard Hein outlines the post-classical or post-Keynesian research program to which he feels obliged. He rejects the neoclassical theory that forms the mainstream of economics in Germany . This includes in particular the rejection of Say's law and the emphasis on monetary analysis , in which money plays an important role and is not added to the analysis of a natural economy afterwards .

In his dissertation, Eckhard Hein tries to show the synthesis possibilities of Marxian and Keynesian theory in accordance with this research program . Since his dissertation, Eckhard Hein has been working on the further development of post-Keynesian theory in his publications , working in particular on the integration of money, distribution and growth theory.

Hein noted that the share of labor income in national income, which has been falling for more than two decades in the mature industrialized countries, has received little attention in the political and growth-theoretical debate, as this debate is dominated by the neoclassical paradigm. In his textbook on the macroeconomics of distribution and growth , on the other hand, he also shows the concepts of distribution and growth theory in the approaches of Classical Political Economy (by Adam Smith and David Ricardo ), in the Marxist approach and in detail in the post-Keynesian approach (in the tradition of Joan Robinson , Nicholas Kaldor and Michal Kalecki ) and its newer lines of development.

In addition, Hein has published on questions of macroeconomic policy (monetary, financial and wage policy) and European economic policy. Recently, the influence of the financial system on economic development has been a focus of his work.

Works (selection)

• Money, effective demand, and capital accumulation. A view from a Marxian, Keynesian and post-Keynesian perspective. Dissertation 1996. Duncker & Humblot, Berlin 1997. ISBN 3-428-08958-8 .
• Distribution and growth. A paradigm-oriented introduction with special consideration of the post-Keynesian theory , Marburg, Metropolis Verlag, 2004, ISBN 3-89518-452-7 .
• Money, Distribution Conflict and Capital Accumulation. Contributions to 'Monetary Analysis'. Basingstoke, Palgrave Macmillan, 2008, ISBN 0-230-52157-6 (English).

Individual evidence

1. ^ European Journal of Economics and Economic Policies: Intervention , elgaronline.com, accessed February 9, 2015.

Web links

• Homepage of Prof. Eckhard Hein at the Berlin School of Economics and Law
• Literature by and about Eckhard Hein in the catalog of the German National Library