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The financial community has lost all credibility
Here is my monthly column for May for the Economy supplement of the daily Le Monde. It was translated, courtesy of Bénédicte.
For every attempt at a financial overhaul, a similar method has been used: consultation of the financial community by the authorities, followed by negotiations towards a compromise between the demands of…
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The work method needs to be changed, right now!
In my most recent monthly column in Le Monde – Économie – published on May 9th, I point out the fact that underlying the negotiations held since 2008 in view of a financial overhaul, there is an implicit premise that the representatives of the financial community have the ability of relating with the common good. The period 2007 to 2009 provides us however with sufficient evidence to falsify such an optimistic hypothesis. I suggested in conclusion…
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Where we stand, on May 8th 2011
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Capitalism’s highs and lows
I was asked to make the introductory speech at the Conference “Heurs et malheurs du capitalisme”, which took place at Université Blaise Pascal in Clermont-Ferrand on February 4th. Bénédicte has been so kind as to translate the written version of my speech.
Capitalism’s highs and lows? When we talk these days of its highs,…