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...Days After. Europe's most successful realist has risen in classically enterprising fashion from hamble origins. Born Feb. 4, 1897 in the town of Fürth near Nürnberg in Franconia, he was the son of a peasant boy who left his farm to open a dry goods store in town. Badly wounded by a shell at Ypres, Corporal Ludwig Erhard returned home too weak to work in the store. He stayed on at Nürnberg's Commercial College, found his vocation in economics, went on to take his doctor's degree at Frankfurt...

Author: /time Magazine | Title: Foreign News: Engineer of a Miracle | 10/28/1957 | See Source »

Apocalyptic Powers. Shortly after surrender, a jeep drove up to Erhard's modest house in Fürth. A U.S. major demanded: "Are you Erhard? Please come with me." Erhard nervously embraced his wife and climbed in. At the U.S. military government office he learned that the U.S. authorities, impressed by the lack of Nazi ties in his record, had picked him for Bavarian economics minister. But Erhard, a Franconian, a Protestant and a reputed Freemason, never hit it off with his clannish Catholic Bavarian colleagues. No great shakes as administrator and organizer of hand-to-mouth subsistence measures...

Author: /time Magazine | Title: Foreign News: Engineer of a Miracle | 10/28/1957 | See Source »

...Yourself. Grundig, who quit school at 14 to be an electrician's apprentice, was mustered out of the German army in 1944 to operate a small plant making radio transformers and coils. At war's end he went back to his home town of Fürth and set up shop in a few flea-ridden rented rooms. He hoped to make radios, which were scarce and rationed. But the Allies forbade production of radio equipment. However, they did permit the manufacture of toys, so Grundig turned out a "toy": a knocked-down "Do-It-Yourself" radio...

Author: /time Magazine | Title: BUSINESS ABROAD: Electronics from Germany | 2/11/1957 | See Source »

...success Grundig offers a simple explanation: "I guess I just have the right nose," i.e., he knows what kind of goods will open pocketbooks from Fürth to Fort Worth...

Author: /time Magazine | Title: BUSINESS ABROAD: Electronics from Germany | 2/11/1957 | See Source »

ROBERT AND MARGRET HERBST Fuürth, Germany, U.S. Zone...

Author: /time Magazine | Title: Letters, Jan. 22, 1951 | 1/22/1951 | See Source »

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