Saturday, May 03, 2014

Colbertisme Is Still Alive In France!

When A U.S. Company Wants To Acquire A French Company

The CEOs of both companies (General Electric & Alstom) have to first consult with the French government.

The French government prefers a European solution with e.g. German Siemens.

Mercantilism Has Never Died

Those who attack “Laissez faire, laissez passer” or the “invisible hand” etc. are often extremely ignorant or they are worshipers of a government run economy.

No comments: