Erhard shepherded the new West German economy through a recovery that outpaced the growth of all the European countries that had won the war. Some credit for European recovery is due to the Marshall Plan, which provided assistance of $12 billion (equivalent to $120 billion today) but it was spread among 18 countries...for example, Britain… Continue reading Ludwig Erhard crafted West Germany’s post-World War II economic recovery, the German “economic miracle.”