Olivier

Klein

09.10.2026 9 min

Economical and financial crisisEconomical policy

Public Debt: The Illusion of Free Money

Cancelling public debt held by the central bank, or refinancing it indefinitely at zero interest, may appear to ease the constraints faced by governments....

09.10.2026 2 min

Economical and financial crisisEconomical policy

Ageing: the solution starts with the employment rate

Ageing is inevitable. A decline in the number of people in work is not. Faced with the demographic shock, France has a lever it...

08.05.2026 3 min

Economical policyGlobal economy

Olivier Klein: “We Need to Rethink the Concepts of Equality and Equity to Rebuild the French Social Model”

Equality, equity: the French social model must rediscover the meaning of justice. By seeking to correct every inequality of outcome, our social model risks undermining...

06.11.2026 3 min

Global economy

The Forgetting of Schumpeter: “Thomas Piketty Risks Building a Dangerous Egalitarian Utopia”

In his new Report on Global Justice, Thomas Piketty advocates an radical agenda of global redistribution based on significantly higher taxation and a large...

06.07.2026 5 min

ConjonctureEconomical and financial crisis

The French Political, Economic, and Social Model Must Undergo Deep Renewal

This essay argues that the French and, more broadly, European social market model has entered a phase of entropy, as overadministration, hyper-democracy and a...

06.07.2026 6 min

Economical and financial crisisEconomical policy

Private Credit: Rising Risks Call for Appropriate Supervision

Private credit has emerged as one of the fastest-growing segments of modern finance, providing companies with an increasingly important alternative source of funding. Yet...