Diplom-Volkswirt, Dr Rer. Policy University Heidelberg, 1952, 1954. Habilitation, University Munich, 1958.
Professor, University Sarrlandes Saarbrücken, 1960-1963. Ordentlicher University Professor, University Tübingen, Baden-Württemberg, W. Germany, since 1963. Editorial Board, JN.
Let me first name those two academic teachers that have influenced me most: Erich Preiser and Alexander Rüstow. Both my leaning towards economic theory and towards Keynesianism are due to Preiser’s influence. Rüstow, on the other hand, is responsible for my strong sympathy with neoliberal ideas.
My early scientific career began in fields that Preiser had not paid much attention to, namely price theory and the theory of economic dynamics. As time went on, new topics arose, such as the theory of technical progress, growth theory and the theory of the trade cycle with various extensions towards the field of stabilisation policy and input-output analysis. In addition, I have paid special interest to the history of economic thought, the emphasis on the economic system of Karl Marx resulting more or less casually.
Starting in 1963 I became director of the Institute of Applied Economic Research in Tübingen. The great challenge for me consisted in shouldering the supervision of and responsibility for a great host of highly diversified fields of investigation, extending from the technological gap to the Shop Closing Law. These research activities also gave rise to intriguing questions of regional policy.
My research has been paralleled by university teaching. I have always attached great importance to the duty of bringing up new generations of scientists. I have served as a member of the Council of Scientific Advisers of the Prime Minister of Baden-Württemberg.