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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.
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.
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