Friday 29 August 2014

French paradox

An IMF report, based on opinions of leading businessmen and academics, places 6 young French economists among the world's "most promising". The USA has the most, but France is second. One wonders why with so much talent the French economy struggles so. Perhaps the fact that of the six, four are in the USA and one in London and only Thomas Picketty, author of the influential "Capitalism in the 21st Century" still works in France, has some bearing.
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