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The Business Interview

'Liberalism is a French tradition', says France's most liberal man

Liberalism is a somewhat dirty word in France. It's often associated with capitalism and the "laissez-faire" of market deregulation that led to the financial crisis. Gaspard Koenig is a philospher and the director of "Génération libre", a liberal think tank. He is not afraid to use the "L" word. In fact, he has been dubbed "France's most liberal man" by the media.

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Koenig argues that the French aversion to liberalism is weighing down the economy. But he explains that, ironically, liberalism "is a French tradition, which dates back to the 19th century and also to the French Revolution".

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