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that his grasp of macroeconomics is probably suspect. Pedigree usually doesn't mean much, of course, though given that he is virtually not recognised, at least in economics, outside of France, I would guess that here, his pedigree suggests the same sort of austerity-tinged tunnel-vision as afflicts the elite political and economic class in France and on the continent in general.

Patrick Artus is one of many so-called economic experts in France who have been calling loudly for deep reductions in public spending here in France all the while unemployment continues its long march upward.

That he is a regular feature in the PS Party economic organ "Alternatives économiques," is as depressing as it is unsurprising.

The Hun is always either at your throat or at your feet. Winston Churchill

by r------ on Fri Nov 29th, 2013 at 06:14:48 AM EST
[ Parent ]
redstar:
That he is a regular feature in the PS Party economic organ "Alternatives économiques"

When was the last time you saw him there?

Care to provide evidence that Alternatives Economiques is a PS Party organ?

What do you think is mistaken in the macroeconomics shown above in the diary?

Yes, Artus is a well-known pundit (as I noted). But who analyses the failings of the euro as he does above, in the :

Parti Socialiste?

Parti Communiste Français?

Parti de Gauche?

EELV?

The new party Nouvelle Donne?

by afew (afew(a in a circle)eurotrib_dot_com) on Fri Nov 29th, 2013 at 08:16:38 AM EST
[ Parent ]
is well known to be leftish/PS style. Only people I know who read it are either PS or EELV voters. Of course calling it the official PS organ is hyperbole, but I stand by the larger point - it does represent the alternative views within the PS, albeit in reverse (proportionally more of the leftish, somewhat but only very somewhat neo-keynesian views and less of the austerian centrist Hollande/Moscovici/Valls views, which is the opposite of the party in power, though only in terms of proportion). I note their present issue is a stunning apologia for the present incompetent Hollande government's economic policy and I am not surprised.

A casual scanning of their archives gives me a couple hundred or so blog posts, interviews or tribunes with Mr Artus in the magazine over the past couple of years.

As for who on the left actually supports similar views on the matter, that would be M'PEP, major related economist would be Jacques Sapir.

Just because the Polytechnicien Artus isn't totally full of shit this time doesn't mean he normally is not, in the same way as a broken clock is correct two seconds a day, but incorrect the other 86.398 seconds.

The Hun is always either at your throat or at your feet. Winston Churchill

by r------ on Fri Nov 29th, 2013 at 10:32:20 AM EST
[ Parent ]
redstar:
A casual scanning of their archives gives me a couple hundred or so blog posts, interviews or tribunes with Mr Artus in the magazine over the past couple of years.

One short article this year, in February. "couple hundred or so" must be hyperbole..?

There probably are people in the PS (on the left of?) who find Alter Eco congenial, and there probably are PS sympathizers who work there. That's a long way from your hyperbole. It's overall a useful mag that has gained readership (especially among students, offering different perspectives from the standard liberal garbage) after starting out in the '80s as a small workers' co-operative, (which it still is). Its general tone on Europe is very far from Hollande's ducking of the issues, and the main reason evoked in the current number for why everything wrong in France is not entirely Hollande's fault, is Europe-imposed austerity (yeah, I know, he should do something about that).

I'm not out to defend Artus on his record. The point here is that he is a well-known pundit, and what he's saying here is sufficently correct, generally unspoken, and surprising coming from a well-known pundit, to be emphasized. Hence the diary. Of course, little or no coverage in the French media.

by afew (afew(a in a circle)eurotrib_dot_com) on Fri Nov 29th, 2013 at 11:11:55 AM EST
[ Parent ]
I count 212 articles, blogposts and interviews in the archives doing a simple search on his name...

The Hun is always either at your throat or at your feet. Winston Churchill
by r------ on Fri Nov 29th, 2013 at 12:07:21 PM EST
[ Parent ]
Articles by Patrick Artus are almost all on Page 1 of 10 in the search results. The overwhelming majority of the items are simple references to his name within articles written by others.

As I'm a well-known pink-green traitor to the working class, I've been a subscriber to Alter Eco since the late '80s. I can assure you that Artus is very far from being a regular or typical presence among the writers there.

by afew (afew(a in a circle)eurotrib_dot_com) on Fri Nov 29th, 2013 at 12:51:02 PM EST
[ Parent ]
and commies are baby-eaters.

Wind power
by Jerome a Paris (etg@eurotrib.com) on Fri Nov 29th, 2013 at 12:53:12 PM EST
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The thing is, being partially right about most things (as the French elite such as yourself are trained to be) and often with flourishes of brilliance (those over-subsidized prepa classes help, of course) but often very wrong about the fundamentals (see french elite wedded to not just the notion of the Euro but its actual fact, of course you are not touched by unemployment but your putative european concitoyenare, in spades).

But even if you all are not full of shit, which I grant you, you are very very often unjustly full of yourselves. I offer both you and your England-based co-religionist as examples.  And self-referential in terms of professional relationships, nearly incestuous. And extremely and conventionally closed-minded when it comes to anything outside the rentier framework to which you are accustomed.

Good thing for you you've got some patrimony in that framework. Most French don't. And that President of yours only accentuates the disconnect.

Congrats though in turning wind into a rent-seeking activity. After the Dutch and English (the world's first entrenched rentier classes) it is normal for a Parisian  to make his mark in the same path, as your town is rentier par excellence. Y'all may think you're making inroads, but economically you are only hastening the decline.

Not that that bothers PS folks such as yourself. You're about power, however temporary, not about growth and prosperity for all. How else to explain your miserable government.  

The Hun is always either at your throat or at your feet. Winston Churchill

by r------ on Mon Dec 9th, 2013 at 09:33:36 PM EST
[ Parent ]
[ET Moderation Technology™]

If you can't stop personal sniping in your comments, please refrain from commenting.

by afew (afew(a in a circle)eurotrib_dot_com) on Tue Dec 10th, 2013 at 02:36:15 AM EST
[ Parent ]

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