The first quarter of 2016 is finishing in a much better situation than it has started. Invalidating, once more, analysis and forecasts of most of economists, the world has not been hurt by the failure of a major country, having consequences outside of its borders. There were no recessions among large developed economies and growth went on, only at a slower rhythm than it would be necessary to reduce disequilibrium caused by the 2007-2008 crisis, unemployment for some of them, excessive indebtedness for the others.

Chinese economy is following its path. Shanghai Stock Exchange is regaining, day after day, the ...

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This figure, which has just been published by the Ministry of Durable Development, has been completely unnoticed. Comments have been focused on EDF C.F.O. resignation and the risks associated with the building of two nuclear power plants in Hinkley Point, England. These two issues are much more connected than it is usually thought. But, don’t tell it !

Our power exports have increased by 10% in 2015 and if we deduct imports, the surplus reach 2,3 billions euros, 7,1% more than in 2014. This is one of the highest contributions to France trade balance, more or ...

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Just 80 years ago, John Maynard Keynes published his “General Theory of Employment, Interest and Money”. Apart maybe from Adam Smith “Wealth of Nations” and Karl Marx “Capital”, no work related to economic matters was as influential on world situation and inspired so many passionate comments than Keynes treatise. But, unlike the previous two, it is still a hot issue since for instance in France where it is a political rift, and not only inside the left. The book was not his attempt. As a civil servant at the British Treasury, he participated to the negotiations which will end to ...

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