Paul Volcker death has given the opportunity to recall his essential role, since he was appointed at the presidency of the American central bank. He will be at the origin of the predominant role given to central banks in the U.S. as in Europe and in Japan, notably regarding the fight against inflation. This role is not without making us reminding that one the British economist, John Maynard Keynes, plaid, at the beginning of the Thirties to get the world out from the terrible crisis which affected it in 1929. He made accepted that the market was not able ...

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The very heavy rains which recently happened in the South-East of France have been interpreted, as in every meteorological event, as being the consequence of climate warming. That has contributed to an increased mobilization in favor of environment. They have also been at the origin of power cuts which have, in some cases, last several days, heavily affecting the daily life of habitants. Two lessons can be got from these events.

There is first the night and day commitment of the teams, who are in charge of putting back in activity networks and taking care of their good working. It ...

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For almost two years, most of the economic reflections and comments are about the increase of risks, the imminent coming of a recession and even of a new major financial crisis. No economist did forecast the 2007-2008 one and no political leader did propose measures to cope with that risk. That incites them today to announce the worst to then pretend that “they were right in saying that”. It is indisputable that the world is going through a period propitious to accidents and even to breakdowns. Trade tensions created by the American administration have generated retorts from targeted countries. Ups ...

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