Ludwig Erhard

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Ludwig Erhard (1971)

Ludwig Wilhelm Erhard (4 February 1897 in Furth ? 5 May 1977 in Bonn ) was a German politician.

Life [ change | change source ]

Erhard was born as the son of a salesman. After his middle school exam, he started training to become a salesman himself. He was wounded as soldier in World War I. After World War I, he started to study micro economy at a college in Nuremberg .

After that, he studied economy on the University of Frankfurt am Main . In 1925 he finished his doctoral thesis. Afterwards, he worked in his father's company. After the Great Depression , the company went bankrupt. From 1928 to 1942, he worked as science assistant, but he could not get a promotion because he did not want to become a member of a Nazi organisation. From 1942 to 1945, he was the head of the institute for industrial research.

Until 1949, he worked for the CDU , but joined still in 1963. From 1945 to 1946, he worked for the provisional government of Bavaria , afterwards he was an economic organisation official for the British-American administration in West Germany.

In 1949, he became Minister of Economics under Konrad Adenauer . From 1957-1963, he was Vice Chancellor. After Adenauer resigned in 1963, Erhard became the new chancellor. In 1966, Kurt Georg Kiesinger succeeded him.

Erhard died in 1977, aged 80.