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Herbert Giersch
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. 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 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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Neo-Keynesian Economics
The neoclassical synthesis (NCS), neoclassical–Keynesian synthesis, or just neo-Keynesianism was a neoclassical economics academic movement and paradigm in economics that worked towards reconciling the macroeconomic thought of John Maynard Keynes in his book ''The General Theory of Employment, Interest and Money'' (1936). It was formulated most notably by John Hicks (1937), Franco Modigliani (1944), and Paul Samuelson (1948), who dominated economics in the post-war period and formed the mainstream of macroeconomic thought in the 1950s, 60s, and 70s. A series of developments occurred that shook the neoclassical synthesis in the 1970s as the advent of stagflation and the work of Monetarism, monetarists like Milton Friedman cast doubt on neo-Keynesian conceptions of monetary theory. The conditions of the period proved the impossibility of maintaining sustainable growth and low level of inflation via the measures suggested by the school. The result would be a series of new ideas t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Willy Brandt
Willy Brandt (; born Herbert Ernst Karl Frahm; 18 December 1913 – 8 October 1992) was a German politician and statesman who was leader of the Social Democratic Party of Germany (SPD) from 1964 to 1987 and served as the chancellor of West Germany from 1969 to 1974. He was awarded the Nobel Peace Prize in 1971 for his efforts to strengthen cooperation in western Europe through the EEC and to achieve reconciliation between West Germany and the countries of Eastern Europe. He was the first Social Democrat chancellor since 1930. Fleeing to Norway and then Sweden during the Nazi regime and working as a left-wing journalist, he took the name Willy Brandt as a pseudonym to avoid detection by Nazi agents, and then formally adopted the name in 1948. Brandt was originally considered one of the leaders of the right wing of the SPD, and earned initial fame as Governing Mayor of West Berlin. He served as the foreign minister and as the vice-chancellor in Kurt Georg Kiesinger's cabi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2010 Deaths
This is a list of deaths of notable people, organised by year. New deaths articles are added to their respective month (e.g., Deaths in ) and then linked here. 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990 1989 1988 1987 See also * Lists of deaths by day The following pages, corresponding to the Gregorian calendar, list the historical events, births, deaths, and holidays and observances of the specified day of the year: Footnotes See also * Leap year * List of calendars * List of non-standard ... * Deaths by year {{DEFAULTSORT:deaths by year ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1921 Births
Nineteen or 19 may refer to: * 19 (number), the natural number following 18 and preceding 20 * one of the years 19 BC, AD 19, 1919, 2019 Films * 19 (film), ''19'' (film), a 2001 Japanese film * Nineteen (film), ''Nineteen'' (film), a 1987 science fiction film Music * 19 (band), a Japanese pop music duo Albums * 19 (Adele album), ''19'' (Adele album), 2008 * ''19'', a 2003 album by Alsou * ''19'', a 2006 album by Evan Yo * ''19'', a 2018 album by MHD (rapper), MHD * ''19'', one half of the double album ''63/19'' by Kool A.D. * ''Number Nineteen'', a 1971 album by American jazz pianist Mal Waldron * XIX (EP), ''XIX'' (EP), a 2019 EP by 1the9 Songs * 19 (song), "19" (song), a 1985 song by British musician Paul Hardcastle. * "Nineteen", a song by Bad4Good from the 1992 album ''Refugee (Bad4Good album), Refugee'' * "Nineteen", a song by Karma to Burn from the 2001 album ''Almost Heathen''. * Nineteen (song), "Nineteen" (song), a 2007 song by American singer Billy Ray Cyrus ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Eurosclerosis
Eurosclerosis (German: ''Eurosklerose'') is a term coined by German economist Herbert Giersch in the 1970s, to describe a pattern of economic stagnation in Europe that may have resulted from government over-regulation and overly generous social benefits policies. The term alludes to the medical term sclerosis, and is a rhyme of the archaic term ''neurosclerosis''. The term was used to describe European countries of the 1970s and 1980s which had high unemployment and slow job creation in spite of overall economic growth, in contrast to what the United States experienced in the same period when economic expansion was accompanied by high job growth. In its political context, the term "eurosclerosis" was used to describe a period with a perceived stagnation of European integration. The slow pace of enlargement, a perceived lack of democracy and economic problems meant that negative and apathetic attitudes to the European Economic Community (EEC) were high. Wilfried Martens, Prime Min ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Supply-side Economics
Supply-side economics is a macroeconomic theory that postulates economic growth can be most effectively fostered by lowering taxes, decreasing regulation, and allowing free trade. According to supply-side economics, consumers will benefit from greater supplies of goods and services at lower prices, and employment will increase. Supply-side fiscal policies are designed to increase aggregate supply, as opposed to aggregate demand, thereby expanding output and employment while lowering prices. Such policies are of several general varieties: #Investments in human capital, such as education, healthcare, and encouraging the transfer of technologies and business processes, to improve productivity (output per worker). Encouraging globalized free trade via containerization is a major recent example. #Tax reduction, to provide incentives to work, invest and take risks. Lowering income tax rates and eliminating or lowering tariffs are examples of such policies. #Investments in new capit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Keynesian Economics
Keynesian economics ( ; sometimes Keynesianism, named after British economist John Maynard Keynes) are the various macroeconomic theories and models of how aggregate demand (total spending in the economy) strongly influences economic output and inflation. In the Keynesian view, aggregate demand does not necessarily equal the productive capacity of the economy. Instead, it is influenced by a host of factors – sometimes behaving erratically – affecting production, employment, and inflation. Keynesian economists generally argue that aggregate demand is volatile and unstable and that, consequently, a market economy often experiences inefficient macroeconomic outcomes – a recession, when demand is low, or inflation, when demand is high. Further, they argue that these economic fluctuations can be mitigated by economic policy responses coordinated between government and central bank. In particular, fiscal policy actions (taken by the government) and monetary policy actions (t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Saarland University
Saarland University (german: Universität des Saarlandes, ) is a public research university located in Saarbrücken, the capital of the German state of Saarland. It was founded in 1948 in Homburg in co-operation with France and is organized in six faculties that cover all major fields of science. In 2007, the university was recognized as an excellence center for computer science in Germany. Thanks to bilingual German and French staff, the university has an international profile, which has been underlined by its proclamation as "''European University''" in 1950 and by establishment of Europa-Institut as its "''crown and symbol''" in 1951. Nine academics have been honored with the highest German research prize, the Gottfried Wilhelm Leibniz Prize, while working at Saarland University. History Saarland University, the first to be established after World War II, was founded in November 1948 with the support of the French Government and under the auspices of the University of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
University Of Münster
The University of Münster (german: Westfälische Wilhelms-Universität Münster, WWU) is a public university, public research university located in the city of Münster, North Rhine-Westphalia in Germany. With more than 43,000 students and over 120 fields of study in 15 departments, it is Germany's fifth largest university and one of the foremost centers of German intellectual life. The university offers a wide range of subjects across the sciences, social sciences and the humanities. Several courses are also taught in English, including PhD, PhD programmes as well as postgraduate courses in geoinformatics, geospational technologies or information systems. Professors and former students have won ten Gottfried Wilhelm Leibniz Prize, Leibniz Prizes, the most prestigious as well as the best-funded prize in Europe, one Fields Medal and two Nobel Prize, Nobel Prizes. The WWU has also been successful in the German government's German Universities Excellence Initiative, Excellence Init ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Doctor Of Philosophy
A Doctor of Philosophy (PhD, Ph.D., or DPhil; Latin: or ') is the most common Academic degree, degree at the highest academic level awarded following a course of study. PhDs are awarded for programs across the whole breadth of academic fields. Because it is an earned research degree, those studying for a PhD are required to produce original research that expands the boundaries of knowledge, normally in the form of a Thesis, dissertation, and defend their work before a panel of other experts in the field. The completion of a PhD is often a requirement for employment as a university professor, researcher, or scientist in many fields. Individuals who have earned a Doctor of Philosophy degree may, in many jurisdictions, use the title ''Doctor (title), Doctor'' (often abbreviated "Dr" or "Dr.") with their name, although the proper etiquette associated with this usage may also be subject to the professional ethics of their own scholarly field, culture, or society. Those who teach at ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World War II
World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the vast majority of the world's countries—including all of the great powers—forming two opposing military alliances: the Allies and the Axis powers. World War II was a total war that directly involved more than 100 million personnel from more than 30 countries. The major participants in the war threw their entire economic, industrial, and scientific capabilities behind the war effort, blurring the distinction between civilian and military resources. Aircraft played a major role in the conflict, enabling the strategic bombing of population centres and deploying the only two nuclear weapons ever used in war. World War II was by far the deadliest conflict in human history; it resulted in 70 to 85 million fatalities, mostly among civilians. Tens of millions died due to genocides (including the Holocaust), starvation, ma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Silesia
Silesia (, also , ) is a historical region of Central Europe that lies mostly within Poland, with small parts in the Czech Republic and Germany. Its area is approximately , and the population is estimated at around 8,000,000. Silesia is split into two main subregions, Lower Silesia in the west and Upper Silesia in the east. Silesia has a diverse culture, including architecture, costumes, cuisine, traditions, and the Silesian language (minority in Upper Silesia). Silesia is along the Oder River, with the Sudeten Mountains extending across the southern border. The region contains many historical landmarks and UNESCO World Heritage Sites. It is also rich in mineral and natural resources, and includes several important industrial areas. The largest city and Lower Silesia's capital is Wrocław; the historic capital of Upper Silesia is Opole. The biggest metropolitan area is the Upper Silesian metropolitan area, the centre of which is Katowice. Parts of the Czech city of Ostrav ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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