Gerold Blümle
Gerold Blümle is a German economist.
Life
Blümle was born on 30 January 1937 in Lörrach, Württemberg and, from 1972 to 2002, he was the Professor of Mathematical Economics at the University of Freiburg and a leading German exponent of the theory of income distribution and external trade theory.Blümle's brother is the Swiss-German economist Ernst-Bernd Blümle. During his studies, which he spent in Freiburg im Breisgau and in Freiburg im Üechtland, among other places, he joined the Catholic Student Associations, K.St.V. Germania-Hohentwiel and K.St.V. Carolingia-Friborg, in the Kartellverband.
From 1985 to 1990 he was a member of the Advisory Board of the Friedrich Naumann Foundation for Freedom of economic-liberal party Free Democratic Party in Germany. For many years, Blümle has also researched, lectured, taught and written on the subject of Baden's national game of Cego.
Science
In his research, Blümle integrates economic history with theory, advocating that political economics should fundamentally support life, with theoretical and historical perspectives interconnected.Gerold Blümle developed a business cycle model as a predator-prey relationship. In this model, there is a cyclical relationship between the investment ratio and the spread or variance of the profits, which is represented by Lotka-Volterra equations.