Jorgos, a migrant worker from Greece, joins a group of young people in Munich usually hanging around. This foreigner incites hostility and jealousy among them, and he is insulted as a "... See full summary »
Since 1984 Sinn has been full professor in the faculty of economics at the University of Munich (LMU), first holding the chair for economics and insurance , and from 1994 the chair for economics and public finance . During leaves of absence from Mannheim and Munich he held visiting professorships (1978/79 and 1984/85) at the University of Western Ontario in Canada . During sabbaticals he was also visiting researcher at the London School of Economics , as well as at Bergen , Stanford , Princeton and Jerusalem Universities. The University of Magdeburg, the University of Helsinki, the HHL Leipzig Graduate School of Management and the University of Economics in Prague  have all awarded him honorary doctorates. Since 1988 he has been honorary professor of the University of Vienna , where he has given many lectures. In 2008 he was knighted with the Bavarian Maximilian Order for Science and Art, and in 2013 he was awarded the Ludwig Erhard Prize by the Ludwig-Erhard Foundation. Since 1 February 1999, Sinn has been president of the Ifo Institute for Economic Research . The Leibniz Association , the umbrella organization for Germany's federally funded research institutions, extolled his turnaround of Ifo after having taken over the presidency at a highly critical juncture in the institute’s history, bringing it back to a level of "very good, in some cases even excellent, research output" and turning it into "one of Europe's leading economic research institutes".  In 2006 he became president of the International Institute of Public Finance , a position he held until 2009. From 1997 to 2000 Sinn headed the Verein für Socialpolitik , the association of German-speaking reformed the Verein für Socialpolitik and actively promoted the internationalization of economics as a science in the German speaking countries. During his presidency he founded two journals – the German Economic Review and the Perspektiven der Wirtschaftspolitik -, initiated the Thünen price to honor young economists that publish internationally and created a scholarship programme to financially support conference presentations of young economists.