Recent news

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New paper on the evolution of debtor-creditor relationships within a monetary union

Posted June 7 2022

Me and my colleagues developed a model of a monetary union that is characterized by strong differences in terms of the competitiveness of its members. In our most recent paper, which has been published in the journal Structural Change and Economic Dynamics, we explore the implications for economic dynamics, as well as possible policy measures to stabilizes such a monetary union. The paper is available open access here.

Job posting: PhD position in the field of pluralist economics at my department in Flensburg

Posted May 30 2022

For all who want to work on a dissertation project in the the context of pluralist economics: as of October 1 there will be a 50% TV-L13 position to be filled at the Europa-University Flensburg. The deadline to apply is July 10, and you can find more information here.

Guest on the podcast "In der Wirtschaft"

Posted May 30 2022

I was guest on the (German-speaking) podcast “In der Wirtschaft”. In about 70 minutes we spoke about the pros and cons of economic modelling, especially agent-based models, but also the need for pluralism in economics and current debates about degrowth. You can listen to the episode here.

Talk at the University of Tübingen on "The truth as the intersection of independent lines? A pluralist view on global inequality"

Posted May 3 2022

At the invitation of Rethinking Economics Tübingen, I gave the opening speech for the public lecture series “Economics crises and the crisis of economics”. The title of the talk was "Liegt die Wahrheit irgendwo dazwischen? Eine plurale Perspektive auf globale Ungleichheit” and the slides are available here.

Talk on "Pluralism in economics & beyond - How a plurality of paradigms helps understanding socio-ecological challenges" during the Sustainability and Energy lecture of the Europa University of Flensburg

Posted December 17 2021

On December 16 I gave a lecture on how a pluralist approach can be helpful in diagnosing and addressing socio-ecological challenges. Among other topics, the lecture covered the controversies on the main determinants of global inequality and the question of whether economic growth is a rather a reason, or a solution for the pressing societal challenges of the 21st century. The slides are available here.

Talk at the Zeppelin University on "Complexity Economics - an alternative to the equilibrium-based approach of neoclassical economics?"

Posted November 17 2021

On November 17 I gave a lecture in German on the central pillars of the research program of complexity economics, and how it differs from (and can be an alternative or a complement to) the equilibrium-based approach that is very representative for the economic mainstream today. I was invited by the group EconoMix and the slides of the talk are available here.

Talk at the University of Kiel on "What is pluralist economics?"

Posted October 26 2021

On October 19 I gave a 30 minutes lecture in German on the topic "What is pluralist economics/Was ist Plurale Ökonomik?". I was invited by the group Rethinking Economics Kiel, who organize the public lecture series "Wirtschaft für Alle! - Plurale Perspektiven für eine zukunftsfähige Ökonomie". The slides of the talk are available here. There is also a recording of the talk that is available via Youtube.

New job at the Europa University Flensburg

Posted October 1 2021

As of October 1 I am working at the Europa University of Flensburg in Germany. I am very happy to join the International Institute of Management and Economic Education (IIM) as a Junior Professor for Pluralist Economics. I will also work closely with the Norbert Elias Center for Transformation Design & Research (NEC) and I am very much looking forward to this new opportunity. I will post some explanations about what I belief a Professor for Pluralist Economics should do in the upcoming weeks since I expect many people not to be too familiar with the concept. For now, however, I just say that I am very happy to join the Europa University in Flensburg, but also feel sad for leaving the great Institute for Socioeconomics at the University of Duisburg-Essen, which was a great place for me to work.

Paper on capability accumulation and role of product relatedness published in the Journal of Evolutionary Economics

Posted July 20 2021

Our paper Capability accumulation and product innovation: an agent-based perspective has now been published in the Journal of Evolutionary Economics. In this paper we study the implications of different degrees of product relatedness on innovation dynamics. More precisely, a population of firms invests into various measures of capability accumulation (as identified in this paper) and thereby learn to produce new - and potentially more complex - products that can then be sold on a market with exogeneous demand. The models shows that different structures of relatedness, which we formalize via artificial product spaces, have imporant implications on the overall dynamics, just as the distribution of complexity values within the product space and the structure of the product space as such. This is highly relevant for future modeling exercises since models often implicitly assume a complete product space, where each innovation can happen at any moment, or randomly distributed complexity values. Our model shows, however, that these implicit assumptions are very specific special cases and that any deviation from these special cases comes with important implications for the overall dynamics.

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