The renowned Kiel Institute for the World Economy (IfW) is one step further in its search for a new boss. The committees of the local university agreed just in time before Christmas to appoint Moritz Schularick to a professorship in their economics and social sciences faculty. The Bonn professor received the call for information from WELT AM SONNTAG immediately before the holidays. Between the years, the 47-year-old has now had time to consider whether to accept it. If he does that, the way would be clear for the people of Kiel to also promote him to the head of the IfW. The executive chair has been vacant for a year because Gabriel Felbermayr was drawn to the Austrian Institute for Economic Research.
With Schularick, the people of Kiel have gained an economist whose international reputation as a researcher is only matched by a few German economists of his generation. Like his direct predecessors Felbermayr and the American Dennis Snower, Schularick can also refer to prints in top journals such as the “American Economic Review” – on the one hand.
On the other hand, you also reveal your profile on the Förde with the appointment, which is largely carried out by the Schleswig-Holstein state government. “Kiel” was under Herbert Giersch (1969 to 1989) the institute that became a market-liberal counter-attack on the Keynesian revolution in Germany. Giersch and his colleagues criticized the “Eurosclerosis” in continental Europe and provided arguments for a supply-oriented economic policy.
While Giersch heir Horst Siebert resolutely continued the tradition, the regulatory profile under Snower and Felbermayr was noticeably less important. Under a President Schularick, little of her is likely to remain.
One Horst Siebert argued that government interventions often achieved the opposite of what was intended, and wrote books about it (“The Kobra Effect”). Schularick, who has made a name for himself in recent months as a supporter of a gas embargo, has also dedicated a monograph to the community. In “The Disenchanted State”, however, he does not settle accounts with the draconian corona policy: From Schularick’s point of view, the shortcoming is more that encroachments are not decisive and efficient enough.
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