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Ludwig Erhard leaves Palais Schaumburg in Bonn after his resignation as Federal Chancellor on December 1, 1966.
© ullstein bild - Sven Simon

1967 – 1977

Later years

After his service as Federal Chancellor, Ludwig Erhard remained a member of the German Bundestag for a further 11 years. In 1967, he founded the Ludwig-Erhard-Stiftung e.V. to embed his principles in economics and society on a permanent basis.

In February 1977, on his 80th birthday, Ludwig Erhard was commended with a number of honors as the “father of the German economic miracle”. Ludwig Erhard died on May 5, 1977. After a state funeral on May 11, 1977 in the Plenary Hall of the German Bundestag, he was buried in the mountain cemetery in Gmund on May 12.