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Ludwig Wilhelm Erhard (German: [ˈluːtvɪç ˈʔeːɐ̯haʁt]; 4 February 1897 – 5 May 1977) was a German politician and economist affiliated with the Christian Democratic Union (CDU), and chancellor of West Germany from 1963 until 1966.
- 1916–1919
- Heinrich Lübke
Feb 28, 2024 · Ludwig Erhard (born February 4, 1897, Fürth, Germany—died May 5, 1977, Bonn, West Germany) was an economist and statesman who, as economics minister (1949–63), was the chief architect of West Germany’s post-World War II economic recovery. He served as German chancellor from 1963 to 1966.
- Pushed Social Market Economy
- Economy Surged
- Named Economics Minister
- Further Reading
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Erhard's economic views were summarized in his advocacy of a "social market economy," which one author has called a "free economy with a social conscience." Erhard wished to use private initiative to rebuild the shattered German economy but to check it when it tended toward monopoly, cartelization, or extreme labor union demands. Erhard well unders...
The immediate effects of these Erhard-designed reforms on the German economy were dramatic. Another U.S. economist with occupation forces wrote that the "spirit of the country changed overnight. The gray, hungry, dead-looking figures wandering about the streets in their everlasting search for food came to life." On Monday, June 21, only a day after...
Immensely popular with the German people as a result of the economic reforms, Erhard joined Konrad Adenauer's Christian Democratic Union (CDU) only shortly before the first West German parliamentary election in 1949. When the party was victorious in those elections, Erhard became economics minister in the Adenauer government, in which post he remai...
There is no biography in English of Erhard and no major scholarly work in any language. There are informative discussions of Erhard in Arnold J. Heidenheimer, The Governments of Germany (1961; 2d ed. 1966). See also Michael Balfour, West Germany (1968), and Henry Walton, Germany (1969). Further information on Erhard may be found in Wayne C. Thompso...
Learn about Ludwig Erhard, the German politician who led the economic recovery of West Germany after World War II. Find out how he implemented the currency reform, decontrolled prices, and cut taxes in 1948.
Ludwig Erhard (CDU) was the Minister of Economics and the Federal Chancellor of Germany from 1949 to 1963, when he introduced the Deutschmark and revoked price fixing. He is viewed as the father of the social market economy and the author of Germany's post-war economic miracle.
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Ludwig Wilhelm Erhard (* 4. Februar 1897 in Fürth; † 5. Mai 1977 in Bonn) war ein deutscher Politiker ( CDU) und Wirtschaftswissenschaftler. Er war von 1963 bis 1966 Bundeskanzler der Bundesrepublik Deutschland .
Ludwig Erhard (CDU), the popular West German Minister of Economics, is considered the “father of the economic miracle” in the Federal Republic. His concept of a “social market economy” as a third way between liberal capitalism and a Socialist planned economy was confirmed by the economic success of West Germany.
Learn about the life and achievements of Ludwig Erhard, who led Germany's postwar economic recovery and became its chancellor. Discover how he defied the Allies, promoted a social market economy, and faced political challenges.
