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According to Robert Shiller, Sarko is pretty traditionalist on economic policy too (h/t Mark Thoma's Economist's View):

Robert Shiller, Project Syndicate: The Taming of 'Speculative Capitalism'

Nicolas Sarkozy . . . contender in the French presidential election, recently lashed out against what he called "speculative capitalism," and says he wants to "moralize the financial zone" created by the euro . . .

Sarkozy has called free trade "a policy of naivete," and wants to take . . . steps that would stand in the way of economic globalization. . . . Protecting France from speculative capitalism seems to mean interfering with free trade to protect local jobs.

by TGeraghty on Tue Apr 24th, 2007 at 01:28:13 AM EST

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