TRIBUNE. Briser « le mur de l’argent » !

Read More

​Pierre Khalfa and Jacques Rigaudiat, economists and co-authors of « Whatever it Costs: Getting Debt Out of the Claws of Finance », discuss the economic program of the New Popular Front (NFP) for the upcoming legislative elections. They argue that the program represents a major break from policies of the past decades and addresses the dual ecological and social crisis. However, they note that critics often focus on how these measures will be financed. They argue that it is not possible to present a program of deep transformations that is completely balanced macroeconomically, as economic forecasting models assume a stability of behaviors, while the aim of the proposed policies is to transform them. They suggest that a major tax reform is necessary, as well as increased public debt. They argue that a good state is a state that goes into debt, as debt plays an intergenerational role, allowing successive generations to finance infrastructure they use. They propose creating a public banking sector to ensure stable financing and control over the finance sector. 

Retour en haut