Managing complexity – creating value
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The illustration shows Karl Bücher (1847-1930) and Friedrich List (1789-1846). Bücher was national economist, university professor, founding father of the „newspaper science“ (Zeitungswissenschaft) in Europe and co-inventor of the Break-Even-Analysis („law of mass production“). List was economic theorist, professor for public administration science, railway pioneer, founder of the „association of German businessmen and manufacturers“ and vehement critic of the increasing bureaucracy. Both were outstanding, revolutionary economists of their time. The illustration combines history with the modern working world and reminds of the academic roots of our daily work.