Philosopher and theologian (doctorate). Nearly 20 years in top-management consulting. Published in German weekly WirtschaftsWoche and FAZ. Teaches at the University of Mannheim.
Column
Impatient — with interest
What is left to believe in?
$40 trillion in public debt, a budget deficit near 6 percent of GDP, and the yield on long-term US government bonds at a 25-year high. Most experts cite uncertainty; some warn of a new financial crisis. The US Treasury Secretary, meanwhile, is testing the hypothesis that interest is a purely monetary phenomenon. Irving Fisher saw it differently almost a century ago: for him, interest was a real phenomenon, grounded in human impatience.
Time to think about what interest, mortality and belief have to do with one another.
News
To attend:
On 14 October at the Karlsruhe Forum for Culture, Law and Technology (in German): »When the Future Grows Old«
My latest book
»The World Is Not a Business Case«
Economic thinking shapes our world. It has brought us great prosperity and defines our society. The book analyzes its philosophical origins, traces its historical development, and examines where we should not rely on economics.
Available from any bookshop or from the publisher