Giersch studied from 1939 to 1942 Economics in Wroclaw and Kiel, 1948 at the Westfälische Wilhelms-Universität in Münster, where he worked as an assistant since 1947, with a thesis on " balancing the burdens of war from the standpoint of social justice " for Dr. rer. pol. doctorate. From 1948 Giersch was a Fellow at the London School of Economics and Political Science and has worked as a consultant for the OECD in Paris ( 1950-1951 and 1953-1954 ). In 1950 he qualified as a professor, from 1951 to 1953, he worked as a lecturer at the Westfälische Wilhelms-Universität. 1954 and 1955 he was Chair of representatives at the Technical University Braunschweig. In 1955 he was appointed a full professor at the University of Saarland. He was a visiting professor at Yale University (1962 and 1977-1978 ).
Herbert Giersch was appointed in 1964 as a founding member of the Advisory Council on the Assessment of economic development and coined until 1970, largely the work of this committee and the annual report. The former Keynesians - inventor of the " Concerted Action " and the " global control " - later became the supply-siders.
In 1969, Giersch as full professor at the Christian -Albrechts -University of Kiel and was the successor Erich Schneider also the President of the Institute for the World Economy. He held until 1989, when both positions. From 1986 to 1988 he was president of the Mont Pelerin Society.
Giersch was involved in numerous scientific organizations. He was from 1960 to 2007 Member of the Scientific Advisory Council to the Federal Ministry of Economics and Technology. Giersch was a member of the Order Pour le Mérite for Sciences and Arts since 1991. According to him, the Herbert Giersch Foundation, based in Frankfurt am Main is named.
Giersch was a signatory to the euro critical manifesto The EC monetary union leads to the Ordeal (1992).
Honors and Awards
- Economic Policy I. Basics, Gabler reprint 1991 (1960/1977), ISBN 3409582819
- Economic Policy II economic and growth policies in the open economy, Gabler 1983, ISBN 3409602321
- Farewell to the national economy. Economies in the global competition, Frankfurter Allgemeine Zeitung Verlag, Frankfurt am Main 2002, ISBN 3898430626
- The open society and its economy. Essays and comments from five decades Murmann 2006, ISBN 3938017325