Lavish meetings in a chic winter station or in the Gallery of Battles in the Versailles palace are they the best way to reconcile people with globalization? It is not sure and it would useful because the phenomenon is as irreversible as industrialization was in the 19th century. The world is currently living with a stunning paradox. The trial of globalization is generalizing at a time when, regarding economic situation, optimism prevails and growth has rebounded and is even accelerating, if we follow the conclusions of the International Monetary Fund. If this transformation of the world was as harmful as ...

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The British decision, approved by a referendum, to exit from the European Union, the Brexit, has become a reference as a mistake made by the people. It is beginning to pay the consequences. Growth has slowed, the currency has been devaluated by 13% and both internal and external deficits have jumped. It is just the start because if United Kingdom is still a member of the UE, at least until 2019. But negative anticipations will soon leave the place to negative decisions: companies will reduce investment and some will even leave the territory. In some few years from now, British ...

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To the opposite of what we frequently hear, the end of inflation is good news: it will not announce a long stagnation period but corresponds to the new situation of developed economies. It can lead to a long phase of prosperity if consequences have been identified and appropriated policies have been adopted.

Among the causes of inflation first appears, in theory, the supposed scarcity of raw materials and the difficulties to adjust supply and demand. Even if we don’t come back to the pessimistic assertions of the “Club de Rome” which, in the middle of the Seventies, maintained, without ...

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