Sarko’s Thatcher Moment
November 22, 2007
Nicholas Sarkozy promises to reform France’s sclerotic economy. While France produces cadres of brilliant engineers and entrepreneurs who build businesses in Silicon Valley, the Gallic system encourages many of its most talented to become fonctionnaires impeding wealth and job creation, discourages risk taking, and rigidly protects today’s firms and jobs at the expense of preventing… » read more
Posted by Eric Grover