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GSSC 2011

Third Graz Schumpeter Summer School (3-9 July 2011)


Whither Macroeconomics?

The recent financial and economic crisis has confirmed doubts as to the capacity of contemporary mainstream macroeconomics and especially its New Classical branch to explain the facts and provide a reliable guide to economic policy. Some of its critics even maintained that it was partly responsible for what happened by misleading policy makers, financial institutions and other economic agents. The Summer School will draw some lessons from the financial and economic crisis by focusing attention on what is wrong with received macroeconomics and what are promising alternative approaches in the field. The school addresses PhD students and young researchers (Junior Fellows) working in the fields of Macroeconomics, Financial Theory, International Economics, Globalization and Development Economics and Economics of Regulation and Governance.

Senior Faculty:

  • Prof. Gerhard Illing, University of Munich, Germany
  • Prof. Heinz D. Kurz, Graz Schumpeter Centre
  • Prof. Thomas Lux, University of Kiel, Germany
  • Prof. Yosh Ono, ISER Osaka, Japan
  • Prof. Richard Sturn, The Graz Schumpeter Centre
  • Prof. Lance Taylor, New School, New York, U.S.A.

Scientific Committee:

  • Prof. Harald Hagemann, Universität Hohenheim (Stuttgart)
  • Prof. Heinz D. Kurz, Graz Schumpeter Centre
  • Prof. Richard Sturn, Graz Schumpeter Centre

Time Schedule


Universitätsstrasse 15/FE 8010 Graz
Phone:+43 (0)316 380 - 3593
Fax:+43 (0)316 380 - 9523


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