Acton Institute Powerblog Archives

Post Tagged 'france'

Should Europeans Work on Sundays?

Today’s Wall Street Journal Europe carries an editorial titled “Jamais on Sunday” approving of the French government’s attempt to allow some businesses to open on Sunday: Parliament is likely today to pass a bill that would scrap the 1906 law restricting Sunday work. Continue Reading...

Pope Bendedict warns France on money, power and greed

Pope Benedict’s visit to secular France and its reformist President Sarkozy has proved to be successful above all expectations, as reported by Vatican newspaper L’Osseservatore Romano. During his Paris homily, at the Esplanade des Invalides, the Holy Father encouraged the 250,000 faithful in attendance to turn to God and to reject false idols, such as money, thirst for material possessions and power. Continue Reading...

‘Casino capitalism’ or personal failure?

Two weeks ago, French bank Société Générale announced that off-balance sheet speculation by a single “rogue trader” had cost the company 4.9 billion Euros ($7.2 billion). The scandal had enormous repercussions in international markets leading some commentators to decry the rotten nature of global “casino” capitalism and to call for the reversal of financial liberalization. Continue Reading...

Connecting France with good economics

It seems that it may be possible. An interesting article from yesterday’s International Herald Tribune: Danielle Scache tries to avoid using the term “capitalism” in her economics class because it has negative connotations in France. Continue Reading...