How to Pronounce Karl Schiller
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Apr 24, 1911 Wrocław, Lower Silesian Voivodeship, Poland Died on 26 Dec 1994 (aged 83)
German scientist and politician
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About Karl Schiller
- Karl August Fritz Schiller (24 April 1911 – 26 December 1994) was a German economist and politician of the Social Democratic Party (SPD).
- From 1966 to 1972, he was Federal Minister of Economic Affairs and from 1971 to 1972 Federal Minister of Finance.
- He was the inventor of the magic square, depicting Economic equilibrium, and of the Concerted activity (Konzertierte Aktion) to reflate the German market.
- He is thus seen as one of the most influential German economists beside Ludwig Erhard.
