Prof. Dr. Klüh

Research Focuses

  • Macroeconomics, especially pragmatic Keynesian macroeconomics
  • Financial markets / Financial institutions / Financial market regulation
  • Central banks
  • History of dogmas and theory

Ulrich Klüh is Professor of Economics with a focus on macroeconomics and economic policy at Darmstadt Business School. He is also founding member and spokesperson of the Board of Directors at the Center for Sustainable Economic and Corporate Policy (SECP), and the Vice Dean of Darmstadt Business School. His research focuses on the political economy and political ecology of the ongoing socio-ecological transformation, the history and social theory of economic thought, and on applied monetary, fiscal and financial economic policies. He also works on issues of socio-technological change, with a view to deconstruct the different rationalities that might lurk behind buzzwords such as digitalization, agility, or resilience In recent years, he has extensively published on different issues, ranging from central banking and financial markets to theories of transformational statehood to public management.


Before joining Darmstadt Business School, he worked as an economist at the International Monetary Fund in Washington D.C., where he was responsible for projects on central bank balance sheets, monetary policy operations and financial market stability. He later moved to the German Council of Economic Experts where he served as Secretary General. Klüh also worked at the Savings Banks Finance Group, where he was responsible for economic counselling, HR consulting, as well as academic and applied educational programs. He holds a Doctorate from the Munich Graduate School and has studied at Goethe University in Frankfurt and in Berkeley, California. Klüh is a passionate teacher and speaker, and has taught classes ranging from macro- and monetary economics to political economy to organization theory.


His wish is to make discourses about sustainability less technocratic, and more political.


·         B. Emunds, M. Faust, J. Kaedtler, and U. Klüh (2022): „Was sollen und dürfen Banken tun? Gesellschaftliche Erwartungen in und nach der Krise“. Frankfurt/New York: Campus.
·         U. Klüh, M. Hütten and S. Kleinod (2022): „Blockchains und die Zukunft von Arbeit und Organisation“. HBS Discussion Paper No. 245. Düsseldorf: Hans-Böckler-Foundation.
·         U. Klüh and J. Urban (2022): „Independently green? An integrated strategy for a transformative ECB. SECP Discussion Paper No. 9. Darmstadt: Zentrum für Nachhaltige Wirtschafts- und Unternehmenspolitik.
·         R. Sturn and U. Klüh (2021): „Der Staat in der Großen Transformation: Grundlegungen und Anwendungen“. Jahrbuch Normative und institutionelle Grundfragen der Ökonomik 19, S. 7-40.
·         U. Klüh and S. Kleinod (2020): „An ever-looser union? Juxtaposing accumulation and agglomeration in the context of surveillance capitalism. SECP Discussion No. 3 (2020)
·         U. Klüh and M. Hütten (2020): „Datafizierung von Organisation durch Blockchain? Eine medienanalytische Betrachtung.“ In: Bader, Verena und S. Kaiser (eds.) „Arbeit in der Data Society – Herausforderungen, Chancen und Zukunftsvisionen für Mitbestimmung und Personalmanagement”, S. 151-72.
·         U. Klüh und A. Kaltwasser (2019): „Der Fluch der Sachzwänge: Zur Relevanz politischer Alternativen in der digitalen und ökologischen Transformation“. Jahrbuch Normative und institutionelle Grundfragen der Ökonomik 17, S. 247-271.
·         U. Klüh (2018): „New Deals: Transformation ökonomischer Institutionen und demokratische Politik“. in: Jahrbuch Normative und Institutionelle Grundfragen der Ökonomik 16.


Phone: +49.6151.16-39240
Fax: +49.6151.16-38399