Jean Tirole rewarded for his work on market power and regulation which judges say has made him 'one of the most influential economists of our time'.
The new prime minister has given French government new direction and determination but still faces daunting task, says The Economist.
Many on the American Left have embraced Piketty's work as a landmark treatise that encapsulates the challenge facing modern US society.
French economist Gabriel Zucman is carving a reputation as one of the leading specialists on the growing business of organized tax evasion and the cost of tax havens to the public purse. Zucman, an assistant professor with the London School of Economics and a visiting scholar with the University of California, Berkeley, has just completed his latest study of this gigantic worldwide fraud, published in France under the title ‘La Richesse cachée des nations - Enquête sur les paradis fiscaux’ (The hidden wealth of nations -an investigation into tax havens). In this interview with Dan Israel, he presents his calculations of the staggering amounts of assets secretly stashed in tax havens across the globe, and offers his own proposals for tackling the problem.
French government accuses British weekly magazine of sensationalism over claim that France is a "time-bomb at the heart of Europe".
It has been a popular if easy start for new French president François Hollande - but he faces far more testing battles ahead.
Francois Hollande's election to the French presidency will be bad for his country and Europe, says Britain's influential weekly The Economist.