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Charles Jaigu: "Praise of the rentier by repentant economists"


FIGAROVOX / CHRONIQUE - The heritage, local trade, the regulation of immigration are valued by the French. Economists often forget this. Augustin Landier and David Thesmar remind them of this.

Augustin Landier is a professor at HEC, David Thesmar at Princeton.

They have signed together for a long time, forming a duo of economists who are both consultants and researchers, always ready to fly in the feathers of the prejudices of the moment.

After having written a book fifteen years ago entitled

The big bad market

to denounce those who vilify it, they put it in its place in

The price of our values


What has happened in fifteen years?

They have noted that economists,

"most often of the center left"

, have discovered in the market an excellent way to guarantee the purchasing power of the most disadvantaged.

They have become free traders, hostile to state monopolies and critical of all rents, both union and employer, wage and property.

We attempt a form of self-criticism, but not to the point of giving up the virtues of the market

Augustin Landier

The liberal left-wing economist has neither an attachment to religion, nor a taste for the antediluvian rites of rural or traditional societies.

Nothing in him tempers the model of a self-sufficient individualism which uplifts ...

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Source: lefigaro

All news articles on 2022-01-12

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