"[Erhard said his] ambition was to drive up the German standard of living until it approximated to that of the United States. That could not be achieved overnight, but it could be done, for the standard of living in the United States was determined not by the climate but by a successful economic policy."
Quote Details
Added by wikiquote-import-bot
Unverified quote
0 likes
Economists from GermanyAnti-communistsNon-fiction authors from GermanyChancellors of GermanyChristian Democratic Union of Germany politicians
Original Language: English
Available Languages (1)
Sources
Speech to the European Conference of the Association of German Industry in Trier, quoted in The Times (3 November 1952), p. 6
https://en.wikiquote.org/wiki/Ludwig_Erhard
Revision History
No revisions have been submitted for this quote.
Categories
Related Quotes
"[Erhard said that] a new phase in the development of the German free economy would begin with the transformation of p…"
"A collectivist-totalitarian economic system, which in the final analysis serves only to glorify and increase the powe…"
"[Erhard said that] in the next four years he would fight unrelentingly against all forms of restrictive practices. Th…"
"The German economy compared very favourably with the situation in other countries: the average income of workers here…"
"[Erhard] emphasized that the aim of a common market was to free the movement of goods and capital. It did not exclude…"
"In a community of free people the freedom of economic activity is an inseparable part of the whole, and only this fre…"
"[Erhard] forecast that this year German exports would reach a volume of 16,000m. marks. He recalled that in 1948, whe…"
"[Erhard said that] no other country had advanced to such a degree as western Germany in the past five years. They cou…"
"National autonomy in economic matters should not be an obstacle to a free world economic system. But to achieve free …"
"As I have said time and again, the focal point of our economy is the individual."