Herbert Giersch

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Herbert Giersch
Bundesarchiv B 145 Bild-F017490-0004, Bonn, Die "Fünf Weisen" beim Bundespräsidenten.jpg
Herbert Giersch (left)
Born (1921-05-11)11 May 1921
Reichenbach im Eulengebirge, Prussia, Germany
Died 22 July 2010(2010-07-22) (aged 89)
Saarbrücken, Germany
Nationality Germany
Institution Kiel Institute for the World Economy
Field Political economics
School or
Neo-Keynesian economics
Alma mater University of Kiel
University of Breslau
Influences John Maynard Keynes
Joseph Schumpeter
Friedrich Hayek
Robert Solow

Herbert Giersch (11 May 1921 – 22 July 2010) was a German economist. He was one of the initial members of the German Council of Economic Experts in 1964, serving on the council until 1970, and also was president of the Kiel Institute for the World Economy 1969–1989. Giersch was considered the most influential German economist during the chancellorships of Willy Brandt, Helmut Schmidt, and Helmut Kohl.[1]

Born in Reichenbach, Silesia, Giersch attended the University of Breslau and the University of Kiel between 1939 and 1942, until he was drafted to serve in World War II. Returning from war captivity, he earned his Ph.D. in economics from the University of Münster in 1948. Giersch received a full professorship at the Saarland University in 1955. In 1969, he succeeded Erich Schneider (de) at the University of Kiel, and held that chair until 1989.

Originally adherent to Keynesian economics in the 1950s and 1960s, he gradually became an advocate of supply-side economics in his later years.

See also[edit]


  1. ^ Plickert, Philip (23 July 2010). "Herbert Giersch gestorben". Frankfurter Allgemeine Zeitung. 

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