Alfred Müller-Armack

Encyclopedia : A : AL : ALF : Alfred Müller-Armack

Alfred Müller-Armack (* 28 June 1901 Essen, Germany; † 16 March 1978 Köln) was a German economist and politician.

He was professor of economics at University of Münster and University of Cologne. Müller-Armack coined the term "social market economy" in 1946.

Müller-Armack was a central figure of the Cologne school. He always pointed out that the economy had to serve humanity. A regulatory environment should provide the basis for a form of compitition that was to the best for all people.

After 1952, he worked in the economic ministry under Ludwig Erhard (CDU) as section chief of the newly founded planning section (Grundsatzabteilung).

From Wikipedia, the Free Encyclopedia. Original article here. Support Wikipedia by contributing or donating.
All text is available under the terms of the GNU Free Documentation License See Wikipedia Copyrights for details.