French Economist Maurice Allais Supports LaRouche Plan

[Philippine LaRouche Society (PLS)]

French Economist Maurice Allais Supports LaRouche Plan

December 3, 2009 (LPAC)— The following letter addressed to Jacques Cheminade was received today from France's Professor Maurice Allais. Maurice Allais was the Nobel Prize laureate in Economics for 1988. While defining himself originally as a "liberal" in economics, today he is seen as a dirigist, compared to radical free-market contemporary economic professionals. He is an outspoken opponent of globalization, and has shown that the downturn of the European economy coincides with the beginning of that phenomenon (1974).

Object: Schiller Institute call of 21/10-01/11 2009 to support Mr. Lyndon LaRouche's initiative aimed at saving the world economy.

Dear Sir,

You transmitted to me the Schiller Institute's and Mr. Lyndon LaRouche's call for saving the world economy, asking me to associate myself with this call, and I thank you. My answer is the following:

Mr. Lyndon LaRouche and his organizations have often supported ideas which are close to my own proposals for fundamental reforms of the financial and international monetary system, which, from my side, I have not ceased to defend publicly for several decades.

Having myself explained, demonstrated and announced for more than a decade my works on the world financial catastrophe which occurred during the summer of 2008, I cannot but associate myself fully with every initiative aimed at creating a large public debate for the purpose of a radical re-foundation of the credit system and the world monetary system.

I authorize you to publicly use this statement in the terms expressed above.

Maurice Allais