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Ludwig Erhard - A Biography (Paperback, New edition)
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Ludwig Erhard - A Biography (Paperback, New edition)
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In the first English-language biography of one of the most
important figures in postwar German history, Alfred C. Mierzejewski
examines the life and service of Ludwig Erhard (1897-1977), West
Germany's first minister of economics and second chancellor. Erhard
liberalized the German economy in 1948 and is generally considered
the father of West Germany's ""economic miracle""--the period of
extraordinary growth in jobs and improvement in the standard of
living in the 1950s that helped stabilize Germany's first
successful democracy. While recent scholarship has dismissed
Erhard's influence on Germany's economic recovery, Mierzejewski
returns to little-cited German analyses and Erhard's own record and
concludes that Allied currency reform and Erhard's liberalization
of the economy were crucial triggers for Germany's unprecedented
economic boom. Mierzejewski provides insight into Erhard's
policies, his ideas, his character, and his relationships with
Konrad Adenauer and Charles de Gaulle. By offering a fresh account
of Erhard's career as a leader in postwar West Germany,
Mierzejewski provides a deeper understanding of Germany's economy
as well as its democracy.
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