Karl Schiller

Karl Schiller
Schiller in 1969
Minister of Finance
In office 13 May 1971 – 7 July 1972
Preceded by	Alexander Möller
Succeeded by	Helmut Schmidt
Minister of Economic Affairs
In office 1 December 1966 – 7 July 1972
Preceded by	Kurt Schmücker
Succeeded by	Helmut Schmidt
Personal details
Born	Karl August Fritz Schiller (1911-04-24)24 April 1911 Breslau, Prussia, German Empire
Died	26 December 1994(1994-12-26) (aged 83) Hamburg, Germany
Political party	Social Democratic Party of Germany
Alma mater	University of Heidelberg
Occupation	Politician, economist

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.