Alternative für Deutschland

Professor Bernd Lucke from Hamburg has started a new political party Alternative für Deutschland (Alternatives for Germany) with the objective to return to stable currency areas and possibly the return to the DM. Taking a leave from his job and turning from an academic into a politician, he doesn’t mind some power politics: Germany might refuse a contribution to the ESM to get its DM back. A few weblogs ago we could see him in the Maybrit Illner show on the European clown problem.

Taking a closer look at the AfD webpage I have been impressed by the people supporting the initiative. Their cv’s give a sample of quality citizenship, a fine selection of what Germany has to offer. When we concentrate on the professors, we see mostly professors of economics (“wirtschaft”), and we can understand that they, with their knowledge of the subject, are deeply troubled.

Since these professors have the civil courage of taking a stand in the public debate, I have taken the liberty to respond to the challenge, and have sent them the email below. First there is the list of professors, secondly there is the text of my email.

My analysis would allow the Eurozone to keep the euro without the austerity that is causing havoc in the EU, and my email thus runs counter to the AfD program. But it is good to see that people take a stand and let us see what the reaction will be. 

(1) To

Prof. Dr. Hans–Günter Appel, Beiratsvorsitzender Nationale Anti–EEG–Bewegung.
Prof. Dr. Ronald Asch, Geschichtswissenschaften, Freiburg.
Prof. Dr. Charles Blankart, Volkswirtschaftslehre, Berlin.
Prof. Dr. Ulrich Blum, Präsident des Instituts für Wirtschaftsforschung Halle a. D.
Prof. Dr. Ludwig Cromme, Mathematiker, Mitbegründer der Brandenburgischen Technischen Universität Cottbus und dort Universitätsprofessor.
Prof. Dr.–Ing. Thomas Albert Fechter, Maschinenbau, Wiesbaden.
Prof. Dr. Herbert Frohnhofen, Systematische Theologie, Mainz.
Prof. Dr. Andrea Gubitz, Volkswirtschaftslehre, Frankfurt.
Prof. Dr. Gernot Gutmann, Volkswirtschaftslehre, Rektor Universität zu Köln a. D.
Prof. Dr. Wilhelm Hankel, Präsident der Hessischen Landesbank a. D., Königswinter.
Prof. Dr. Burkhard Heer, Volkswirtschaftslehre, Universität Augsburg.
Prof. Dr. Ing. E.h. Hans–Olaf Henkel, Praesident der IBM Europa, des Bundesverbandes der Deutschen Industrie (BDI) und der Leibniz–Gemeinschaft a.D.
Prof. Dr. Carsten Herrmann–Pillath, Volkswirtschaftslehre, Frankfurt.
Prof. Dr. Stefan Homburg, Volkswirtschaftslehre, Hannover.
Prof. Dr. Jörn Kruse, Volkswirtschaftslehre, Hamburg.
Prof. Dr. Bernd Lucke, Hochschullehrer, Universität Hamburg.
Prof. Dr. Helga Luckenbach, Volkswirtschaftslehre, Gießen.
Prof. Dr. Lothar Maier, Verbraucherschutz, Stuttgart.
Prof. Dr. Dirk Meyer, Volkswirtschaftslehre, Hamburg.
Prof. Dr. Manfred Philipp, City University of New York.
Prof. Dr. Hayo Reimers, Wirtschaftswissenschaften, Gießen.
Prof. Dr. Christian Rennert, Betriebswirtschaftslehre, Köln.
Prof. Dr. Karl Albrecht Schachtschneider, Öffentliches Recht, Hamburg.
Prof. Dr. Peter Schneider, Erziehungswissenschaft, Paderborn.
Prof. Dr. Wolfgang Schöhl, Wirtschaftsjournalismus, Darmstadt.
Prof. Dr. Wolfgang Seeger, Neurochirurgie, Freiburg.
Prof. Dr. Michael Stahl, Geschichtswissenschaften, Darmstadt/Berlin
Prof. Dr. Joachim Starbatty, Volkswirtschaftslehre, Tübingen.
Prof. Dr. Roland Vaubel, Volkswirtschaftslehre, Mannheim.
Prof. Dr. Adolf Wagner, Volkswirtschaftslehre und empirische Wirtschaftsforschung, Universität Leipzig.
Prof. Dr. Heiner Willenberg, Didaktik der deutschen Sprache und Literatur, Hamburg.

(2) The email text [… a bit editted here …]

Dear professors on the list of Alternative fuer Deutschland,

I am an econometrician (Groningen 1982) and teacher of mathematics (Leiden 2008).

I worked at the Dutch Central Planning Bureau (CPB) in 1982-1991. In [1989] the Berlin Wall fell, and this caused me to develop a new analysis on unemployment, where various pieces of the puzzle came together that I had been working on before. A key point in that analysis is that Holland had been running an export surplus, and thus been exporting unemployment. For Eastern Europe it would be important that they got export opportunities, whence Western Europe would need to adapt itself too, and Holland included. The analysis back then is also relevant for the EU now, as the surplus of the North is the deficit of the South.

The fundamental analysis concerns stagflation since 1970 and the failure of the Trias Politica government structure to deal with insights from economic science. The solution would be that each democratic nation takes an Economic Supreme Court. The notion of Buchanan of a balanced budget or Schuldenbremse is interesting but inefficient, since if the information is not sound then the budget is not sound anyway, and if the information is correct then there may be periods when the budget better not be balanced. In the present time we would need strong investment in Europe.

Unfortunately, the CPB directorate censored the analysis, and dismissed me with falsehoods. I have been protesting the censorship of science since then, now for 23 years. In 2004 I decided that my best advice to the world would be to boycott Holland till the censorship is resolved. The economic crisis since 2007 caused me to write some additions to the analysis.

It has been quite interesting to look up your cv’s and email addresses. I am quite impressed by your backgrounds. Perhaps, with your critical thinking about the euro, you will also be open to the idea that you are disinformed about key elements in the analysis from Holland, and that censorship of science should not be tolerated. Please note that I do not publish in scientific economic journals, partly for practical reasons such like that the analysis is somewhat complex and that editors from the academia apparently do not understand a protest against censorship, partly for the reason that the censorship better be lifted first before I take other steps.

I hope that some of you will have the time and interest to contact me, and discuss what can be done […]. I have contacted some German journalists in Holland (Schweighoefer and Birschel) and who are supposed to report to the German media about events in Holland. Apparently they do not consider censorship of science so important. Apparently “Greek statistics” has made it into the newspapers but “Dutch economics” not yet. […] censorship in modern bureaucracies is different from censorship in earlier brutal times, but I do hope that the European respect for science is still present, and can give an “acte de presence”.

Below are some key links.

Sincerely yours,

Thomas Cool / Thomas Colignatus
Econometrician and teacher of mathematics.
http://thomascool.eu/

(1) https://boycottholland.wordpress.com/about/

(2) http://www.voxeu.org/index.php?q=node/3087

(3) New article: Money as gold versus money as water:
http://mpra.ub.uni-muenchen.de/45759/

(4) My sequel to Keynes’s “General Theory”:
http://thomascool.eu/Papers/Drgtpe/Index.html

(5) The link to the fall of the Berlin Wall:
http://thomascool.eu/Papers/Drgtpe/Crisis-2007plus/2011-10-16-Ghost-1989.html

(6) Mathematician prof. Ludwig Cromme might want to consider this paper:
http://thomascool.eu/Papers/Math/2013-03-26-WAMMWTKAMW.pdf

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