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Socialism and anti-socialism in Germany.

Publication: The Washington Times
Publication Date: 23-MAY-05
Format: Online
Delivery: Immediate Online Access
Full Article Title: Socialism and anti-socialism in Germany.(LETTERS)

Article Excerpt
Byline: THE WASHINGTON TIMES

Richard Rahn states that the term "social market economy" was coined in Germany by the left-wing Social Democratic Party ("Demagoguery dangers in Deutschland," Commentary, Friday). This is as true as attributing "Star Wars" to Jimmy Carter or "ownership society" to Howard Dean.

Instead, the term, and more importantly the concept of a "social market economy," was advanced by Ludwig Erhard, the popular German "father of the deutschemark," which was introduced in 1948, and the father of the "German economic miracle" of 1949-66.

Mr. Erhard was one of the most popular German politicians ever,...

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