Erhard and Ordo Liberalism

The German word ‘Ordo Liberalism’ describes a free market economy within a framework of order. Ludwig Erhard, initially Economics Minister and then Chancellor of post-war Germany, implemented reforms of the German economy which were guided by ordo liberalism.

In the film, Sir Vince Cable shares the story of how Erhard accomplished the task of setting Germany on a highly successful economic course post-war. Following on Erhard’s success, people on all sides of the political spectrum have found elements in his ordo liberalism to embrace. However, few have been able to replicate his concurrent emphasis on ‘ordo’ as well as on liberalism.

As an example of an appropriation of Ludwig Erhard by a group with distinct political persuasion, watch the film ‘Ludwig Erhard and the German Economic Miracle’. In the comments below share whether you think this film paints a complete picture of Erhard’s ordo liberalism.