Economist Quote of the Day

10 May 2011 at 11:56 am 4 comments

| Peter Klein |

Arthur Goldhammer on the upcoming French elections:

This will be Dominique Strauss-Kahn’s challenge, since he will be running, if he runs, in part on his credentials as an economist. He has to make sure that this word means something other than “scold” or, worse, “tool of capital.”

I would imagine that heading the IMF is not a particularly popular launching point for the Presidency either. In other countries being a leader of the Socialist Part might hurt but, well, this is France.

Entry filed under: - Klein -, Ephemera. Tags: .

The Organizational Structure of Al Qaeda Frank Knight and the Austrians

4 Comments Add your own

  • 1. Randy  |  10 May 2011 at 7:42 pm

    The bloom is off the rose for the Socialists in France, as well.

  • 2. Michael E. Marotta  |  11 May 2011 at 6:42 am

    It may be an axiom that people get the government they deserve. In a democracy that seems tautologous, but even brutes need a niche in which to survive. Reading The Invention of Enterprise Landes, Mokyr and Baumol eds., Michael Hau’s chapter on France does not predict a new dawn anytime soon. While America and Britain were enthusiastic, China and India historicallly at least offered periods of benign neglect, a not-quite-laissez-faire in which merchantry could work unobstructed by the cultural disdain which engenders political intervention. France, of course, is just the opposite. Its long, broad, and deep history of Colbertism (Jean-Baptiste unfortunately, not Stephen) does not offer much promise for the present.

  • 3. Randy  |  14 May 2011 at 10:25 pm

    Strauss-Kahn may discover that being an IMF economist is not as politically troublesome as a lapse in his résumé due to being an inmate in Sing-Sing. Even in France…

  • 4. Peter Klein  |  15 May 2011 at 1:05 am

    Waiting for the inevitable wisecracks about him doing to his alleged victim what the IMF has been doing to various countries for years….

    .

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Trackback this post  |  Subscribe to the comments via RSS Feed


Authors

Nicolai J. Foss | home | posts
Peter G. Klein | home | posts
Richard Langlois | home | posts
Lasse B. Lien | home | posts

Guests

Former Guests | posts

Networking

Recent Posts

Categories

Feeds

Our Recent Books

Nicolai J. Foss and Peter G. Klein, Organizing Entrepreneurial Judgment: A New Approach to the Firm (Cambridge University Press, 2012).
Peter G. Klein and Micheal E. Sykuta, eds., The Elgar Companion to Transaction Cost Economics (Edward Elgar, 2010).
Peter G. Klein, The Capitalist and the Entrepreneur: Essays on Organizations and Markets (Mises Institute, 2010).
Richard N. Langlois, The Dynamics of Industrial Capitalism: Schumpeter, Chandler, and the New Economy (Routledge, 2007).
Nicolai J. Foss, Strategy, Economic Organization, and the Knowledge Economy: The Coordination of Firms and Resources (Oxford University Press, 2005).
Raghu Garud, Arun Kumaraswamy, and Richard N. Langlois, eds., Managing in the Modular Age: Architectures, Networks and Organizations (Blackwell, 2003).
Nicolai J. Foss and Peter G. Klein, eds., Entrepreneurship and the Firm: Austrian Perspectives on Economic Organization (Elgar, 2002).
Nicolai J. Foss and Volker Mahnke, eds., Competence, Governance, and Entrepreneurship: Advances in Economic Strategy Research (Oxford, 2000).
Nicolai J. Foss and Paul L. Robertson, eds., Resources, Technology, and Strategy: Explorations in the Resource-based Perspective (Routledge, 2000).

Follow

Get every new post delivered to your Inbox.

Join 247 other followers