Does inflation theory determine public policy recommendations? An MCA to chart French economists’ perspectives on Mendès France’s monetary levy

Matéo Teixeira ()
Additional contact information
Matéo Teixeira: TRIANGLE - Triangle : action, discours, pensée politique et économique - ENS de Lyon - École normale supérieure de Lyon - Université de Lyon - UL2 - Université Lumière - Lyon 2 - IEP Lyon - Sciences Po Lyon - Institut d'études politiques de Lyon - Université de Lyon - UJM - Université Jean Monnet - Saint-Étienne - UJM EPE - Université Jean Monnet (EPSCPE) - CNRS - Centre National de la Recherche Scientifique

Post-Print from HAL

Abstract: Pierre Mendes France proposed a plan to withdraw a significant portion of the money supply to prevent hyperinflation. Drawing on a broad array of original publications, this article highlights the diversity of positions that French economists adopted regarding the PMF plan. It establishes a typology that traces the key factors influencing an economist's decision to support or oppose the plan. A combination of quantitative (MCA) and qualitative methods reveals that economists' recommendations on the monetary contraction proposal were shaped by three key factors: their theoretical framework, their assessment of the economic climate, and their political orientation.

Keywords: World War 2; MCA; French economists; Inflation; Monetary levy; Pierre Mendès France (search for similar items in EconPapers)
Date: 2026-02-22
References: Add references at CitEc
Citations:

Published in European Journal of the History of Economic Thought, 2026, Published online: 22 Feb 2026, pp.1-36. ⟨10.1080/09672567.2026.2628542⟩

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:halshs-05625600

DOI: 10.1080/09672567.2026.2628542

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().