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.

Herbert Giersch
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	German
Academic career
Field	Political economics
Institution	Kiel Institute for the World Economy
School or tradition	Neo-Keynesian economics
Alma mater	University of Kiel University of Breslau
Influences	John Maynard Keynes Joseph Schumpeter Friedrich Hayek Robert Solow

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 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

• Eurosclerosis