Jacques Rueff

Jacques Rueff ( born August 23, 1896 in Paris, † April 23, 1978 ) was a French politician and economic and financial expert.

Biography

As the son of a physician Jacques Rueff studied economics and mathematics at the École Polytechnique.

Rueff 1923 Professor, Department of Statistics, University of Paris ( 1923-1930 ), 1933, he was appointed to the École libre des sciences politiques ( School of Political Science ). In the cabinet he was Finance Minister Raymond Poincaré, later he became Prime Minister. Even in that, he held a variety of offices with fiscal and monetary policy issues in both the French government and the diplomatic service and the League of Nations. He was instrumental in the League of Nations actions, the economic and financial situation in Greece, Bulgaria and Portugal were rehabilitated through in the years 1927/28.

After the Second World War Rueff was a member of the Economic and Employment Committee of the United Nations. As a consultant in economic affairs at the French commander in Germany, he refused German reparations. In March 1947, he founded, inter alia, with Paul van Zeeland, the European League for Economic Cooperation (ELEC ).

At the founding of the Fifth Republic in 1958, he headed the committee of experts was commissioned by General de Gaulle in the preparation and implementation of the program to revive the economy, to its spectacular measures ( new franc "fixed " ) was the introduction of the "franc agricole ". From 1952 to 1958, Rueff Judge at the Court of Justice of the European Coal and Steel Community, then to 1962, Judge of the Court of Justice of the European Communities. From 1962 to 1974 he was finally a member of the Economic and Social Council.

Rueff was awarded the Grand Cross of the Legion of Honor, member of the Académie des sciences morales et politiques ( Academy of Moral and Political Science ) and from 1962, the Académie française.

Theoretical work

His first theoretical work devoted Rueff of the scientific method " of morality " or " the social " sciences, which could be used in the economy. For the two main problems of economic policy of the 20th century, unemployment and inflation, Rueff was an early and accurate diagnosis. To some successful improvements in national economic policy run, he used this diagnosis to present his analysis valid to this day. In order to contribute to the European connection, he developed the moral or political philosophy of a " social market economy". Logically it should be a consistent theory, and thus align with its requirements. Rueff taught statistics of political economy at the statistical institute of the University of Paris.

He checked 1925, the hyperinflation in France, Italy, Germany, Poland and Austria during the First World War. Rueff showed that the issue of money was the main cause for Finance of government budget deficits by the central bank in each case. Rueff was a strong supporter for the creation of a "common market in Europe" and for the opening of the competition, that he carried out in collaboration with Louis Armand at the top of an ad hoc expert committee. Jacques Rueff has always resisted the idea of Lord Keynes, who were too extreme to him.

Publications

Jacques Rueff is the author of several treatises:

  • Des Sciences physiques aux sciences morales (1922 )
  • Sur une théorie de l' inflation (1925 )
  • Les variations you chômage en Angleterre, Revue Politique et Parlementaire 32, December 1925, pp. 425-437.
  • Théorie des phénomènes monétaires (1927 )
  • Les Idées de M. Keynes sur le problème of transferts, Revue d' Economie Politique 42, June / July 1929, pp. 1067-1081; English version: Mr. Keynes ' Views on the Transfer Problem, The Economic Journal 39, September 1929, pp. 388-399.
  • L' Assurance chômage: you chômage cause permanent, Revue d' Economie Politique 45, March / April 1931, pp. 211-251
  • La Crise of Capitalism (1935 )
  • L' Ordre Social ( 1945); German edition: The social order translated by Gerhart Güttler, Bremen 1953, Eilers & Schünemann,
  • Reply to James Tobin's comment, The Quarterly Journal of Economics 62, Nov. 1948, pp. 771-782.
  • Les Erreurs de la théorie générale de Lord Keynes, Revue d' Economie Politique 57, January / February 1947, pp. 5-33; English version: The Fallacies of Lord Keynes ' General Theory, The Quarterly Journal of Economics 61, May 1947 pp. 353-367.
  • Epitre aux dirigistes (1949 )
  • La Régulation monétaire et le problème de la monnaie institutionnel (1953 )
  • Souvenirs et Reflexions sur l' âge de l' inflation, call for conference center universitaire méditerranéen in Nice, February 13, 1956
  • Discours sur le crédit (1961 )
  • L' Âge de l' inflation (1964 )
  • Discours de réception à l' Académie française (1965 )
  • Le problème de la balance of lancinant paiements (1965 )
  • Les Dieux et les rois ( essai sur le pouvoir créateur ) ( 1967)
  • Le Péché monétaire de l' Occident (1971 ) German edition: The currency sins of the Western world: the end of dollar hegemony, back to gold? translated by Jean Komaromi, Frankfurt am Main 1972, Knapp
  • Combats pour l' ordre financier (1972 )
  • La Réforme du système monétaire international ( 1973)
  • La Création du monde ( comédie -ballet en cinq journées ) ( 1974)
  • La Fin de l' ère keynésienne, Le Monde, 19 and 20 / February 21, 1976 English version. The End of the Keynesian Era or When the Long Run Ran Out, Euro Money, April 1976, pp. 70-77.
  • The complete works of Rueff was edited by Emil -Maria Claassen and Georges Lane and is published in four volumes in les éditions Plon (Paris): Volume I: De l' Aube au Crépuscule ( autobiography), 1977.
  • Volume II: Théorie monétaire en deux livres, 1979.
  • Volume III: Politique économique en deux livres, 1979 et 1980.
  • Volume IV: L' Ordre Social, 1981.

Swell

Short biography on the website of the ECJ

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