Artificial Intelligence at the heart of the economy
Artificial Intelligence is no longer a promise: it is already an everyday tool and, at the same time, the driving force behind a new industrial revolution. An everyday tool, it…
Philippe Waechter's blog
Electricity is becoming decarbonized, but the planet is not.
The figures for 2025 seem quite promising: renewables and nuclear power accounted for 42.6% of global electricity production, a historic record. Wind and solar power even surpassed coal. A first.…
Monetary policy – Lessons from Powell’s era – What about the ECB ?
On the eve of the ECB meeting, the analysis by the two Romer validates the ECB’s option of raising interest rates. In other words, if the shock to the Eurozone…
Monetary Policies – Lessons from the Powell Era – Part 1
Will the rise in the inflation rate above 3% in the Eurozone and the United States trigger a strong reaction from central banks? This is the major question for the…
Overlapping Crises
The current crisis differs fundamentally from previous ones in its very nature. In 2008, the shock was financial and identifiable; in 2020, it was a health crisis and universal. In…
Europe must write its own narrative to continue to exist
What is the relative importance of economics and politics in European integration? In a world of power dynamics as it is now emerging, Europeans need a shared narrative, an ability…
The conflict ends, what are the consequences? – Part 1
Statements from the White House suggest the situation could evolve rapidly. The American strategy is encountering an effectiveness problem, and Donald Trump has backtracked on the urgency he emphasized at…