Colbert was here; French economic nationalism.(Jean-Baptiste Colbert)

From: The Economist (US) | Date: March 25, 2006 | Copyright information

The comeback kid

The roots of "economic patriotism" go back deep into history

THE students who are marching on the streets of Paris may feel that they are re-enacting the events of 1968--or even 1789, for the truly ambitious--but in the corridors of power, the French elite are harking back to another strain in the country's rich intellectual history. Jean-Baptiste Colbert is back in fashion.

For many years, the ideas of Louis XIV's finance minister--who was convinced that international trade was a zero-sum game and pioneered state control of the economy and state ...

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