Gustav Horn (economist)

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Gustav Adolf Horn (born October 11, 1954 in Nümbrecht , North Rhine-Westphalia ) is a German economist . From January 1, 2005 to March 31, 2019, he was Scientific Director of the Institute for Macroeconomics and Business Cycle Research at the Hans Böckler Foundation .


Horn studied from 1973 to 1979 economics at the Rheinische Friedrich-Wilhelms University in Bonn with the conclusion of Economics graduate. As a DAAD scholarship holder, he obtained a Master of Science degree from the London School of Economics and Political Science in 1981 . From there, he moved to the Chair of Applied Economic Research at the University of Konstanz as a research assistant for five years .

From 1986 to 2004 he worked at the German Institute for Economic Research in Berlin . In 1992 he received his doctorate from the TU Berlin . After he had provisionally headed the economic department of the DIW from 1998 to 1999, he officially took over this position from 2000. In between 2001 he completed his habilitation in economics with Jürgen Kromphardt . His dismissal as "economic chief" of the DIW in 2004 caused a great stir in the public at the time; it was seen by Heiner Flassbeck , who had already held the same position, as a sign that the institute was turning away from its traditional Keynesian program. Horn received a large number of orders from the European Parliament for empirical research, lectures and policy advice .

From January 1, 2005, Horn was scientific director of the newly established Institute for Macroeconomics and Business Cycle Research of the Hans-Böckler-Foundation . There he was also responsible for the institute's economic forecasts. In 2007 he received an extraordinary professorship at the International Institute for Management at the University of Flensburg . In his function as scientific director of the Institute for Macroeconomics and Business Cycle Research, he was named “Forecaster of the Year” by the Financial Times Deutschland in 2008, as his forecast for 2008 predicted reality most accurately. On April 1, 2019, Sebastian Dullien replaced him as Scientific Director of the Institute for Macroeconomics and Business Cycle Research.

In 2018 Horn was a founding member of the citizens' movement Finanzwende .

Horn is a member of the SPD , an advisory member of the SPD's Basic Values ​​Commission and a member of the Willy Brandt Circle . In December 2019 he was elected to the SPD party executive.

Economic policy positions

In Spiegel guest comments (April and May 2010), Horn said that the German federal government was partly to blame for the worsening of the Greek sovereign debt crisis from 2010 and took the view that the greatest danger in this phase was not inflation , but deflation (i.e. falling prices).

In October 2012, Horn demanded that the Bundesbank should sell its gold (" German gold reserves ") worth more than $ 100 billion. There is no longer any rational economic reason to hold such high gold reserves. He also pointed out that the Bundesbank no longer even had its own currency sovereignty.

The International Economy counts Horn among the group of five German economists (“Gang of Five”) who represent Keynesian ideas.

Fonts (selection)

Web links

Individual evidence

  1. Heiner Flassbeck : Glasperlenspiel or Ökonomie , in: Blätter für deutsche und internationale Politik 09/2004
  2. Forecasters of the Year 2008 ( Memento from January 31, 2009 in the Internet Archive ) in Financial Times Deutschland, December 14, 2008
  3. New head of the business research institute IMK, March 7, 2019
  4. ^ Founding members. Citizens' Movement Finanzwende, archived from the original on July 6, 2020 ; accessed on July 6, 2020 .
  5. ^ Backing for Gabriel's AfD economists. In: Handelsblatt . Retrieved January 30, 2014 .
  6. ^ Willy-Brandt-Kreis: Members. Willy-Brandt-Kreis, accessed on October 5, 2018 .
  7. The race for the SPD chief economist is on. In: Frankfurter Allgemeine Zeitung . Retrieved January 10, 2020 .
  8. ^ Gustav A. Horn: How Berlin intensified the Greek crisis. Spiegel, April 27, 2010.
  9. Gustav A. Horn: Why the fear of inflation is unfounded. Spiegel Online, May 19, 2010.
  10. Guest contribution for “Welt am Sonntag”: [1] ; Pros (horn) and contra (Thorsten Polleit) ; October 27, 2012
  11. Brigitte Baetz : Crisis of economic thinking: Gustav A. Horn: The German disease - Sparwut and social cuts. In: August 1, 2005, accessed on December 5, 2018 (The "Gang of Five" should include: Peter Bofinger , Rudolf Hickel , Heiner Flassbeck , Albrecht Müller and Gustav A. Horn).