Sublime

Credit and debt, in short, are among the essential building blocks of economic development, as vital to creating the wealth of nations

Fifty-five percent of that expansion would come from massive urbanization in India and China—a

China’s communications, as well as the managing of its fragile environment – dependent on water, threatened by floods – required an unusual degree of bureaucratic liaison between centre, province and district.

Thus, for the next quarter century, did governments resolve the so-called ‘trilemma’, according to which a country can choose any two out of three policy options: full freedom of cross-border capital movements; a fixed exchange rate; an independent monetary policy oriented towards domestic objectives.57

The publishing of L’Âge de la multitude in 2012 caught the attention of the French government. As I went back to the public sector for a brief period, they asked me to write a report, alongside Pierre Collin (a respected tax judge in the French Conseil d’Etat), on taxation and the digital economy[207]. The