Darmstadt economist Ulrich Klüh investigates one of the most important social debates of our time: How can we raise the billions needed to make Germany climate-neutral?
By Kilian Kirchgeßner, 03/01/2023
Ulrich Klüh's parents were taken aback when he told them about his plans to do a doctorate on financial crises. "They wanted to know: 'Why, as an economist, would you want to work on such a historical topic?'", says Klüh. "However, even then it was clear to me that financial crises were not a historical phenomenon but would continue to be a concern in the future." Nearly three decades have passed since his conversation with his parents, and while Professor Klüh recalls it as an amusing anecdote today, he probably would have preferred to be wrong. Now, as a professor at Darmstadt University of Applied Sciences (h_da), he deals with the interactions between economies and societies against the backdrop of a very different crisis, albeit one that he considers much more acute.