We have now reached the end of an economic cycle. After 30 years of attempting to reform the State and discussing its role, one question remains.
Is the comeback of State interventions these last few years a passing trend, a transition period, a phase for restoring our threatened societies? If this is not the case, then another question arises: is it a matter of States repositioning themselves more forcefully and in a more diversified way in their complex relations with the market? If so what kind of repositioning? In other words, is regulation currently at the heart of economists’ and politicians’ discussions a fleeting answer to our doubts and anxieties?