Gerhard Fels

Gerhard Karl Fels (17 June 1939 – 16 July 2025) was a German political economist. He was a co-author and prominent representative of the supply-side theory turn in Germany, was one of the ''Five Wise Men'' in the Council of Economic Experts from 1976 to 1982, and director of the German Economic Institute in Cologne from 1983 to 2004. Provided by Wikipedia