"Thomas Hazlett: Do you have any examples in mind of countries that, once having flirted with socialism or the welfare state, have been able to reinstitute the rule of law? Friedrich Hayek: Oh, very clearly Germany after World War II, although in that case it was really the achievement of a single man, almost. Hazlett: Ludwig Erhard? Hayek: Ludwig Erhard, yes."
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Economists from GermanyAnti-communistsNon-fiction authors from GermanyChancellors of GermanyChristian Democratic Union of Germany politicians
Original Language: English
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Interview (12 November 1978), quoted in Noble Prize-Winning Economist Friedrich A. von Hayek (1983), p. 341
https://en.wikiquote.org/wiki/Ludwig_Erhard
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