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MAINTENANCE. Olivier Blanchard and Jean Tirole restore some sometimes painful truths about the state of the world economy. Instructive.
Experts. Economists Olivier Blanchard and Jean Tirole publish “The Great Economic Challenges”, following their report, submitted in 2021 to Emmanuel Macron.
Interview by Béatrice Parrino and Marc Vignaud
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Linflation gallops. In July, prices in France jumped 6.8% compared to the same time in 2021. The situation is even worse in the rest of the euro zone, however, where the increase in prices reached 8.9% and nearly 10% in the European Union. Faced with the waltz of labels, who would not be tempted by the easy solutions offered by the State, such as price freezes, wage indexation or even full compensation for the loss of purchasing power? While the debate on the best way to react to the return of inflation promises to rebound with a vengeance with the upcoming presentation of the government’s draft 2023 budget, Point interviewed, exclusively, two renowned economists: the 2014 Nobel Prize in Economics, Jean Tir…
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