Taxing “dead capital” to make it more productive

At least since the birth of modern capitalism in eighteenth-century Europe, competition has been recognized by many economists and other theoreticians of ethics and social sciences as an essential driver of progress. Either applied to trade, politics or science, competition, they claimed, stimulates innovation and confronts products, services, parties or ideas on a marketplace that rewards the best and sanctions the worst, alike a permanent race where spectators are also expected to be voters, as it should be the case in liberal democracies.

Essais Économie

From the Atomic Age to the Age of Atomization: a tentative history of the 21st century

During the summer 1989, a few months before the collapse of the Berlin Wall and with it, of an ideology and a geopolitical scheme that had structured the world for almost half a century, Francis Fukuyama argued in his famous essay “The End of History?” that we may have reached “the end point of mankind’s ideological evolution”, that is “the universalization of Western liberal democracy as the final form of human government”.

Essais

On inequality and possible remedies

In the famous Parable of the Talents, the master awards his servants who managed to multiply wealth and punishes the one who preferred to hide the treasure and made a sterile use of it. The story ends on a harsh judgment: “for to everyone who has will more be given, and he will have an abundance. But from the one who has not, even what he has will be taken away” (Matthew 25:14–30).

Essais Économie

Taxing non-renewable resource extraction: for more transparency, fairness and sustainability

Illicit financial flows are one of the symptoms of unharnessed globalisation. While trade and finance have become more and more international, with an accelerated rhythm since the end of the Cold War, governance has not kept pace and all states, including the most powerful, face the consequences of non-cooperative behavior and free ride, from other state entities as well as from non-state actors whose influence can exceed that of entire countries.

Essais Économie

Une politique internationale de développement durable centrée sur les villes

L’urbanisation, la convergence de certaines politiques publiques internationales (développement, lutte contre le réchauffement climatique, aide humanitaire, maintien de la sécurité internationale), le rôle des villes dans chacun de ces domaines (moteur de croissance, concentration des émissions de CO2 et de la consommation d’énergie, foyer de catastrophe naturelle ou de crise politique) et le poids croissant de nouveaux acteurs dans les politiques de développement (collectivités locales, entreprises, ONG…) devraient pousser à une coordination accrue, voire une fusion des quatre politiques publiques internationales précitées.

Essais Gouvernance et développement