The Embassy of France and Full Circle celebrate the release of Guy Sorman’s “Economics Does Not Lie”, Thursday 1st July, 2010.
Guy Sorman has authored over twenty books on international and contemporary affairs, including The Empire of Lies, The Truth about China in the 21st Century (Encounter Books, 2008), The Genius of India (Full Circle, New Delhi, 2009), The New Wealth of Nations (Hoover Press, 1987) and The Conservative Revolution in America (Regnery, Chicago, 1984). A leading French intellectual, Sorman champions the free market and democracy. He is a contributing editor of City Journal (New York) and writer for Le Figaro (Paris) ABC (Madrid) and The Wall Street Journal. Sorman taught Economics at the Paris Institute of Political Sciences from 1970 to 2000. He has held several public offices, including Advisor to the Prime Minister of France (1995-1997) and Global Advisor to the President of South Korea.
About the book:
Upholding the free market system, Guy Sorman acknowledges its cyclical downturns, but says that these are due to uncontrolled innovation - a defect in the system, not a failure of the system. In fact, opening economies and promoting trade helped reconstruct Eastern Europe after 1990 and lifted 800 million people out of poverty across the globe. In Economics Does Not Lie, Guy Sorman shows that behind this unprecedented growth there is not only the collapse of State socialism but also a scientific revolution in Economics - one that is, so far, dimly understood by the public but increasingly embraced by policy makers around the world. Recalling that bad economic policies ravaged entire nations during the 20th century, Sorman says that the way out of the crisis is, rather, to rebuild trust in the free-market society that has performed such miracles over the last thirty years.