The Man Who Created the German Economic Miracle0
- Economics
- January 16, 2019
On April 2, 1948, Ludwig Erhard, a little-known economist who had opposed Nazism, was appointed Director of the Economic Council of Bizonia, the territory resulting from the merger of the British and American occupied territories in post-WWII Germany. Few suspected that, only two months later, he would unleash the power of free markets and trigger
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