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This profile was last updated on 9/22/13  and contains information from public web pages.

Prof. Bernd Lucke

Wrong Prof. Bernd Lucke?


The AfD

Employment History

  • Economics Professor
    University of Hamburg
  • Full-Time Economics Professor
    University of Hamburg
  • Founder and Chairman
    Plenum of Economists
  • Little-Known Professor of Economics
    Hamburg University

Board Memberships and Affiliations

  • Founder
    The AfD
  • Founder
  • Board of Governors Member
    Federal Reserve System


  • undergraduate degree , economics , history and philosophy
    Bonn university
  • PhD , applied microeconomics
    Free University of Berlin
31 Total References
Web References
At a recent rally in Bremen, ..., 22 Sept 2013 [cached]
At a recent rally in Bremen, protesters even used pepper spray against AfD co-founder Bernd Lucke, a distinguished professor of economics.
SPECIAL FX FOR WIZARDS: July 2013, 1 July 2013 [cached]
Bernd Lucke, who founded the AfD in early 2013, told CNBC that Germany was on completely the wrong track when it came to the handling of the euro zone crisis and that his party offered a clear alternative to dealing with the problem. "First things first, the southern European countries should leave the euro because they have proven not to be competitive," he said, "and the alternative for them would be a decrease in wages by about 30 percentage points which is unacceptable for working class people." For the nations left inside the euro zone, Lucke advocates a reform that would ensure a "sharpening" of the bailout clause so that it would not be possible for any one country to pay for the debts of other countries, adding, "and that any kind of citizen has the possibility to sue the government if it ignores this clause." In Germany's federal elections in September, the AfD will need to achieve at least 5 percent of the vote to ensure representation, something which the small and similarly alternative Pirate Party of Germany managed to do in the 2011 Berlin state elections, securing 8.9 percent of the vote. While Lucke is confident of success, Peter Matuschek, head of policy research at Forsa, a German polling company, says that AfD has a mountain to climb to reach the necessary threshold in September.
Still, in the face of Merkel, who is seeking a third successive term as chancellor, Lucke is confident. He told CNBC: "We are very confident because we have lots of support on the streets, we have lots of support on the Internet.
"We believe that we're very close ..., 15 July 2013 [cached]
"We believe that we're very close to the 5 percent hurdle," AfD chairman Bernd Lucke said at a press conference in Berlin. Even so, voter awareness that the party exists is "not yet satisfactory," he said.
"The concerns of citizens can clearly be felt," said Lucke, an economics professor at Hamburg University. "This theme will be our main topic on the streets and town squares" as the party gears up for election day, he said.
Italian and Spanish government bonds were little changed today, a sign that investors may be willing to tolerate political unrest in Europe's most-indebted nations. Portuguese 10-year bonds trimmed a three-day decline that was sparked partly by concern the country's government could collapse amid disagreement over austerity.
Southern European countries can't cope with the competitive pressure exerted by the euro and are suffering because they can't devalue the 17-nation single currency, Lucke said May 16 in a Bloomberg Television interview. Countries such as Spain, Greece and Cyprus should quit the common currency to return to economic health, he said.
While short of a comprehensive program, the party has created committees to fill gaps in its platform outside its main area of competence, Lucke said today he said. The AfD will compete in the federal election in all of Germany's 16 states, he said.
The party is also drawing up plans to overhaul Germany's dual health-insurance system, reorganize military procurement and review Germany's foreign military operations outside the North Atlantic Treaty Organization area, Lucke said.
Party founder Bernd ... [cached]
Party founder Bernd Lucke, an economics professor, says even though the worst of the economic crisis appeared to have passed, "not a single problem in Europe has been solved."
"The symptoms have been treated in that all the problems have been patched up with a lot of money," he said.
EU's Center-Right and Ultra Right's War on People, 24 June 2014 [cached]
But membership in the E.C.R. is not likely to quiet criticism that the AfD, led by Bernd Lucke, an economics professor at the University of Hamburg, is a Trojan horse for Germany's extreme right.
Henkel, Sarrazin, Hummler, and Bernd Lucke (a macroeconomist formerly employed by the German central bank, the founder and leader of the AfD).are representative of the Germanic economic consensus in favor of the self-destructive austerity regime that thrust the eurozone back into a gratuitous second recession and Spain, Greece, and Italy - with one third of the total population of the eurozone - into Great Depression levels of unemployment.
Henkel and Lucke do not simply lack sympathy for the people of the periphery, they repeatedly attack them.
A couple of years ago I read Bernd Lucke's interview which made a lot of sense:
We think that the euro currently splits the European Union into two parts - a segment of an economically unsuccessful southern part, and a more northern, or more central, European part, which currently seems to benefit from the misery of the southern European countries, because all of the capital flows back from southern Europe to Germany, and the Netherlands, and other stable countries, where it helps us to do cheap investment, but which is at the expense of those southern European countries, and which certainly is the cause for envious sentiment and angry sentiment in the southern European countries, so that the political tensions within the European Union actually rise.
There is the imminent danger of the disintegration of the European Union and of the common market, possibly even with a return to, say, impediments to trade, like a reintroduction of customs duties if those southern European countries are not able to balance their trade by any other means - in particular, not able to balance their trade by a devaluation of their own currency.
Lucke is openly condescending to the Southern Europe, although he implicitly acknowledges that they owe their economic woes to the currency union with the "successful" North. But his point on devaluation is pretty hard to argue with.
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