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Robert Schuman Centre for Advanced Studies

The forgotten virtues of a high-pressure economy | Jean-Pisani Ferry

Jean-Pisani Ferry on the benefits of a high-pressure economy and what it could potentially offer to Europe.

04 June 2021 | Opinion

Sketch- Eiffel Tower next to megaphone and rocket

On 27 May, Jean-Pisani Ferry (Tommaso Padoa-Schioppa Chair) wrote an Op-ed for the German news outlet Dezernat Zukunft (originally published in French for Le Monde). He details how thanks to the new scale of President Biden's fiscal plans, a new consensus has emerged in the US that proposes to solve severe social problems by putting the economy under high pressure. Ferry explores the potential benefits similar 'high pressure' economies would have in the EU and Europe at large, and details the steps necessary to implement them successfully.

Read the full article on the Dezernat Zukunft website now. (Note: the page is in both German and English. Scroll halfway down the page to view the English version)

Last update: 26 January 2022

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