The award of the Nobel Prize for Economics at Jean Tirole is “a slap in the face of certain politicians and intellectuals” who always criticize the economic policies of the French government. That put the French Prime Minister Manuel Valls Monday on Twitter. But Tirole itself was not tender for the alleged “catastrophic labor” in his country.
Valls said to be happy with the worship of Tirole. The French government has repeatedly from abroad been accused of being short cuts and economic reforms too little. The Nobel Prize for a French economist is a boost.
President François Hollande left according to the newspaper Le Figaro know that the award of the prize to Tirole “is something which France can be proud of.” The award demonstrates the high quality of scientific research in France is seeing and an appreciation for the appearance that the work of Tirole has, says the president. Hollande recalled that the second Nobel Prize this year for a Frenchman. Thursday was the Nobel Prize for Literature to Patrick Modiano.
Tirole itself was less tender for French politics. Monday at a press conference he called to reform the labor market. Domestically This labor market, according to the Nobel Prize winner ‘catastrophic’. “There have to change if we want to give a future to our children things,” he said. The Economist referred to the large differences in the labor market between the north and south of Europe, which are “not accidentally” according to him. “The south uses a different model than the north, where the unemployment rate is much lower.”
Back in 2003, he proposed a series of reforms, including the distinction between permanent and temporary contracts be abolished. “Unfortunately, these proposals were not adopted,” though the situation, according to him “not hopeless.”
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