Culture at the heart of the economic system
Here is a column written in mid-August 2025. I paid tribute to Joel Mokyr who has just received the Nobel Prize in Economics along with Philippe Aghion and Peter Howitt.…
Philippe Waechter's blog
The Geopolitics and the Stablecoin
The other geopolitical dimension of American tech is monetary. The rise and appeal of cryptocurrencies have been reinforced by Trump’s arrival in the White House, as evidenced by a January…
New Geopolitics – The Role of Tech
The second dimension is that of American Tech, a leader in Western countries. The vision of Tech is ambivalent. As individuals, we are all consumers, whether personally or professionally. On…
The New Geopolitics – Part 1
The political reshaping of the world is taking shape day by day. The bilateral negotiations initiated by Donald Trump, the Shanghai meeting with Xi Jing Ping, and the alliance, over…
Multilateralism in bad shape
The vocal transcription is via an IA International cooperation has been the catalyst for the long period of growth of recent decades. Multilateralism, which is its measure, has been exercised…
Is globalization already a thing of the past?
Does globalization still best define the dynamics of the global economy? This term, coined in the 1990s, reflects the proliferation of trade, the powerful role of markets, but also the…
Europe and China versus the United States
Listen to the oral transcription of the text (via an IA) Europe will have to confront the United States head-on, while China can deflect and avoid a frontal approach. On…
The coming regulation – The Sino-American standoff
The redistribution of the cards between the United States and China raises several questions about the global balance since the economic world is no longer centered on the USA. Of…