Professor of Economic Sociology
Research in monetary and banking theory.
Advocacy of monetary reform.
Contributions to academic research and teaching:
- Analysis of fractional reserve banking and its dysfunctions
as well as development of a new currency teaching, i.e. plain money, or sovereign money resp., from the mid 1990s
- Theory and policies of Ecological Modernisation 1980 –2000s
- General innovation and modernisation theory 1990–2000s
- Dual Economy Theory (formal and informal sector of work and economy) 1980s
- Promode and Anamode, archetypes of cultural dynamics 1980s
- Theory and practice of Alternative Economies 1975–1980s.
1992-2012 Chair of Economic and Environmental Sociology, Martin-Luther-University,
1981–1992 professor adjoint at Free University Berlin. Fellowships and guest and interim professorships at Science Center Berlin, University Zürich and Technical University Vienna.
1975-77 project team staff of prof. Ota Šik, Business School St. Gallen, Switzerland.
From the 1980s conducting studies and serving
as a policy advisor for various governments, politicians and companies
on matters of economic and ecological modernisation.
In the 1980s pioneer of green-ethical banking.
1999–2001 working with James Robertson on monetary reform - then referred to as seigniorage reform - on behalf of the New Economics Foundation, London. The report [Creating New Money] has offered a frame of reference for quite a number of monetary reform initiatives after 2000.In 2009 founder of Monetative e.V., a monetary reform group advocating Vollgeld, i.e. plain sovereign money.
Living in Berlin.
Selected Publications in English
On monetary modernisation
• Modern Money Theory and New Currency Theory. A comparative discussion, Real-World Economics Review, no.66, 13 January 2014.
• Plain Money. A Proposal for Supplying the Nations with the Necessary Means in a Modern Monetary System, Der Hallesche Graureiher 1999–3, Institut für Soziologie der Martin-Luther-Universität, 1999. here >
• Seigniorage Reform and Plain Money, Forum for Stable Currencies Paper, 2001
On ecological modernisation
• New Technologies and Environmental Innovation, Cheltenham UK: Edward Elgar Publ., 2004.
• Pioneer Countries and the Global Diffusion of Environmental Innovations, Global Environmental Change, Vol. 18, No. 3, August 2008, 360–367.
• Technological environmental innovations in a chain-analytical and lifecycle-analytical perspective, Journal of Cleaner Production, Vol. 16, No. 18, 2008, 1980–1986.
• Towards Industrial Ecology: Sustainable Development as a Concept of Ecological Modernisation, in Redclift, Michael R. / Woodgate, Graham (eds), New Developments in Environmental Sociology, Cheltenham: Edward Elgar, 2005, 251–267. First publ. in: Andersen, Michael / Massa, Ilmo (Eds), Ecological Modernization, Journal of Environmental Policy and Planning, Special Issue, 2 (2000) 269–285.