Experts insights 2013 > Jean-Marc Daniel

Jean-Marc Daniel

Professor at ESCP Europe and Ecole des Mines

An associate professor at ESCP Europe, Jean-Marc Daniel is also in charge of economics training for engineers studying at Corps des Mines.

A Polytechnique and ENSAE graduate, Jean-Marc Daniel is both an economist and a historian, looking at contemporary issues from a sociologist's perspective (he heads the French business institute (Institut de l'Entreprise) magazine Sociétal) and a journalist's perspective (he is a columnist for Le Monde and BFM).

His work mainly concerns economic policy, constantly campaigning for an urgent and methodical reduction in France's public debt.

His publications include:

  • 2010: "Histoire vivante de la pensée économique, des crises et des hommes" (Living history of economic thought, crises and people), Editions Pearson
  • 2011: "Le socialisme de l'excellence. Combattre les rentes et promouvoir les talents" (Socialism of excellence. Combating privileged positions and promoting talent), François Bourin Editeur
  • 2012: "Ricardo réveille-toi, ils sont restés keynésiens" (Ricardo wake up, they're still Keynesians), Bourin Editeur
  • 2012: "8 leçons d'histoire économique - Croissance, crise financière, réforme fiscale, dépenses publiques" (Eight lessons of economic history - Growth, financial crisis, fiscal reform, public spending), Odile Jacob
  • 2014: "La politique économique" (Economic policy), "Que sais-je ?" collection, Editions PUF

guillemet début There is a group effect. Being pessimistic is considered good form, but this does not mean that you really believe in it. Through a copycat effect, people tell themselves: If I’m not unhappy, I’m not with everyone else guillemet fin

guillemet début During the “Glorious 30” period in France, what made people demonstrate in the streets was not unemployment, but inflation. The same is true for the people who are taking to the streets in Turkey, Brazil or China at the moment. Everyone is affected by inflation, whereas only 10% are affected by unemployment. If people were unhappy during France’s Glorious 30-year period, this was because they were afraid of losing their purchasing power. 1968 was also to say: “we’ve been robbed guillemet fin

guillemet début I refute this idea that people in France are planning ahead for risks by putting aside a lot of savings. French people are not saving enough. One category of people may well be saving, but on the whole the country is seeing a negative savings phenomenon and living on credit, because a whole section of the population is living off the welfare state, which is not being funded. It is not being funded by the savings of other people. In other words, the French people who are saving are not saving enough to pay for those who are unable to save guillemet fin

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