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France Is Catching Up to Japan, but Not in a Good Way

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Tags Inflation

05/16/2022Karl-Friedrich IsraelTim Sepp

France is seeing its wealth-to-income levels rise to Japan's level because it is becoming harder for people to save and build wealth.

Original Article: "France Is Catching Up to Japan, but Not in a Good Way"

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Authors:

Contact Karl-Friedrich Israel

Karl-Friedrich Israel is a professor of economics in the department of economics and business at Western Catholic University in Angers, France, and currently runs the Chair for Economic Policy at Saarland University in Germany as a substitute professor. He is a Mises Institute Fellow and an organizing member of the Austrian Economics Meeting Europe.

Tim Sepp

Tim Sepp teaches economics at the University of Leipzig.

Original Article: 
France Is Catching Up to Japan, but Not in a Good Way