Ludwig Erhard

Politician

Ludwig Erhard was a German politician and economist widely regarded as the main architect of West Germany's post-World War II economic recovery. He served as Minister of Economics from 1949 to 1963, championing the concept of the social market economy, or 'Soziale Marktwirtschaft'. This policy combined free-market principles with social safeguards, leading to the famed 'Wirtschaftswunder' or economic miracle. Succeeding Konrad Adenauer, Erhard served as the second Chancellor of West Germany from 1963 until 1966.

Feb 04, 1897 - May 05, 1977 German 9 Quotes

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