Stefan Brunnhuber The "Real" Tragedy of the Commons: Can a Dual Currency System Achieve a Pareto-superior Equilibrium?

Stefan Brunnhuber is Medical Director of the Diakonie Kliniken Zschadrass (Colditz/Saxony, Germany) and is Chief Medical Officer of its Hospital for Integral Psychiatry, Psychosomatics, and Psychotherapy. An endowed Professor for Psychology and Sustainability, Brunnhuber holds an additional Ph.D. in Socioeconomics (under Sir Ralf Dahrendorf) and has two decades of experience in the fields of psychology and finance. He is a Member of the Club of Rome, Trustee of the World Academy of Art and Science and Senator of the European Academy of Sciences and Arts. Specialist research interests include the Psychology of the Anthropocene, Finance and Sustainability and Integral Mental Health. Co-author of one of the most successful psychiatry textbooks in Germany in the last 20 years, Brunnhuber’s latest books are "The Art of Transformation" (2016), "The TAO of Finance" (2018), and "The Open Society in the 21st Century" (in press).

Area of Research

Psychology of Sustainability, Financing SDG’s, Psychology of the Anthropocene

since 2016

Endowed Professor for Psychology and Sustainability

Hochschule Mittweida - University of Applied Sciences (Hochschule Mittweida (FH))

since 2010

Medical Director

Diakonie Kliniken Zschadraß

since 2010

Chief Medical Officer Department of Integral Psychiatry, Psychosomatics and Psychotherapy

Diakonie Kliniken Zschadraß

2011

PhD in Medicine

University of Würzburg (Julius-Maximilians-Universität Würzburg)

2010

Specialization in Psychosomatics

University of Würzburg (Julius-Maximilians-Universität Würzburg)

1998

PhD in Socio-Economics

University of Konstanz (Universität Konstanz)

1998

Specialization in Psychiatry

Saarland University Medical Center (Universitätsklinikum des Saarlandes)

1992

Medical Doctor

University of Ulm (Universität Ulm)

- Member, Club of Rome (2018)

- Trustee, World Academy of Art and Science (since 2018)

- Senator (elected), European Academy of Sciences and Arts (EASA) (since 2015)

- Director, German Medical Association (since 2010)

- Vice Chair, European Institute for Health (2003-2010)

Global common public goods (like quality education, clean energy and gender equality) formed the basis of the 17 Sustainable Development Goals (SDGs) agreed by world leaders in New York in 2015. In this video, noting that proposed levels of investment in SDGs are grossly insufficient, STEFAN BRUNNHUBER argues that a redesign of our monetary system would make realization of the SDGs more likely. Analyzing the ways in which prevailing models lock us in to inefficiency, Brunnhuber proposes a redesign of the monetary system whereby a dual currency operating on fourth generation distributive ledger technology would operate in parallel to the existing regime. With much greater potential to recognize the actual worth of common goods, the new system would not only bring economic benefits but would allow us to live in a more sustainable, more peaceful and a fairer world.

LT Video Publication DOI: https://doi.org/10.21036/LTPUB10663

How Can Blockchain Technology Help us to Finance SDGs?

  • Stefan Brunnhuber
  • UN Gobal Goals Yearbook
  • Published in 2018
Stefan Brunnhuber. "How Can Blockchain Technology Help us to Finance SDGs?" Unpublished. 2018.

The Real Tragedy of the Commons

  • Stefan Brunnhuber
  • DRI - Human and Global Development Research Institute
  • Published in 2017
Stefan Brunnhuber. "The Real Tragedy of the Commons." DRI - Human and Global Development Research Institute (2017).

Financing our Future - An Argument for a Parallel Currency to Finance our Future

  • Stefan Brunnhuber
  • GLO Discussion Paper No. 128
  • Published in 2017
Stefan Brunnhuber. "Financing our Future - An Argument for a Parallel Currency to Finance our Future." Unpublished. 2017.

How to Finance our Sustainable Development Goals (SDGs): Socioecological Quantitative Easing (QE) as a Parallel Currency to Make the World a Better Place

  • Stefan Brunnhuber
  • Cadmus
  • Published in 2015
Stefan Brunnhuber. "How to Finance our Sustainable Development Goals (SDGs): Socioecological Quantitative Easing (QE) as a Parallel Currency to Make the World a Better Place." Cadmus 2, 5 (2015): 112-118.

Money and Sustainability - The Missing Link

  • Bernard Lietaer, Christian Arnsperger, Sally Goerner and Stefan Brunnhuber
  • The Club of Rome - Report
  • Published in 2012
Bernard Lietaer, Christian Arnsperger, Sally Goerner and Stefan Brunnhuber. "Money and Sustainability - The Missing Link." The Club of Rome - Report (2012).

Jenseits des Wachstumszwangs - Zum Verhältnis von Energie, Kapital und Arbeit

  • Stefan Brunnhuber and Jürgen Grahl
  • GAIA - Ecological Perspectives for Science and Society
  • Published in 2006
Stefan Brunnhuber and Jürgen Grahl. "Jenseits des Wachstumszwangs - Zum Verhältnis von Energie, Kapital und Arbeit." GAIA - Ecological Perspectives for Science and Society 15 (2006): 96–101. doi:10.14512/gaia.15.2.7.

Economics as an Evolutionary System

  • Bernard Lietaer and Stefan Brunnhuber
  • Evolutionary and Institutional Econ omics Review
  • Published in 2004
Bernard Lietaer and Stefan Brunnhuber. "Economics as an Evolutionary System." Evolutionary and Institutional Econ omics Review 2, 1 (2004).