Ludwig Erhard (4 February 1897-5 May 1977) was a German politician (CDU) and Chancellor of West Germany from 1963 until 1966. He is notable for his leading role in German postwar economic reform and economic recovery, particularly in his role as Minister of Economics under Chancellor Konrad Adenauer after 1949
"A compromise is the art of dividing a cake in such a way that everyone believes he has the biggest piece."
