In West Germany and here in Berlin, there took place an economic miracle, the Wirtschaftswunder [Miracle on the Rhine]. Adenauer, Erhard, Reuter, and other leaders understood the practical importance of liberty -- that just as truth can flourish only when the journalist is given freedom of speech, so prosperity can come about only when the farmer and businessman enjoy economic freedom. The German leaders -- the German leaders reduced tariffs, expanded free trade, lowered taxes. From 1950 to 1960 alone, the standard of living in West Germany and Berlin doubled.
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About Konrad Adenauer
Konrad Adenauer was German chancellor of west germany from 1949 to 1963. Konrad Hermann Joseph Adenauer was a German statesman and politician who served as the first chancellor of West Germany from 1949 to 1963. From 1946 to 1966, he was the first leader of the Christian Democratic Union (CDU), a newly founded Christian democratic party, which became the dominant force in the country under his leadership. Read more on Wikipedia →