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on Samstag, 25. Juli 2015 at 19:53, Louis Proyect via Marxism wrote:
(Sinn is one of Germany's most prominent economists although I had never
heard of him before. His dissertation was on Marx's theory of the
falling rate of profit.
This seems to be untrue. The German language Wikipedia arcticle on Sinn
mentions
an article on Das Marxsche Gesetz des tendenziellen Falls der Profitrate,
published in the journal Zeitschrift für die gesamte Staatswissenschaft Vol.
131, 1975, pp. 646–696
But it is unquestionable what also the bio page at his workplace (in english)
says that he gained his doctorate in 1978, which would be three years after
this journal article, and the Deutsche Nationalbibliothek (DNB) lists his book
Ökonomische Entscheidungen bei Ungewissheit, published in 1980, as his
Dissertation, i.e. the work to gain the academic grade of Doktor. English
as Economic decisions under uncertainty.
I have no idea whether it was to support it or attack it but probably the
former.
Its the first time I heard of this article on one of Marxen's central
cientific discoveries. The mentioned de.Wikipedia-article has a link for
downloading Sinn's article as PDF from the web site of his IFO-Institute, but
that document seems to have been removed. I'll look it up in the journal at the
DNB. It is available online at http://www.jstor.org/stable/40749847 but
requires registration.
He has been a reactionary pig for
most of his career and thus his call for Grexit is of some interest.)
Well, that is the call of all reactionaries all over Europe for many years
already. On government level the minister of finance, Wolfgang Schäuble, is its
main proponent.
I call Prof. Sinn mostly Prof. Unsinn (sinn - meaning, sense; Unsinn -
the contrary.
I still remember a TV talkshow about low wages and a minimum wage where Prof.
Unsinn was confronted (among other participants) with a woman who worked as a
chambermaid in a Hamburg hotel, and who demanded a higher wage to get around.
Prof. Unsinn told her that then her work would not be done at all, or being
shipped to Poland.
Unfortunately nobody in that talk show was keen enough to ask Mr. Sinn if
then he would be prepared to clean his hotel room by himself...
Hans-Werner Sinn is a professor of economics and public finance at the
University of Munich.
He is mainly known for being the president of the ifo Institute, one of the
leading think tanks for economic policy of the Federal Republic of Germany.
Cheers,
Lüko Willms
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