Word: corvatsch
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...Academy for Economics and Sociology, he went on to do graduate work at Frankfurt University, where he became a protege of famed economist Franz Oppenheimer, a leading exponent of free enterprise. A dedicated mountaineer, Oppenheimer once took Erhard on a climb in the Alps. There, atop Mount Piz Corvatsch (11,339 ft.), the professor asked his student one final question about economics and forthwith an nounced that young Erhard had passed his Ph.D. examination. Chuckled Oppenheimer: "You are now the highest doctor on earth...
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