The aptitudes needed to conduct a real research project are fundamentally different from the ones needed for purposes of scientific vulgarisation (li… - Éric Pichet

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The aptitudes needed to conduct a real research project are fundamentally different from the ones needed for purposes of scientific vulgarisation (like education). This is because above and beyond a capacity for understanding problems and thinking and expressing oneself clearly – something that every good teacher has –an enormous amount of perseverance and stamina is necessary, and above all a scientific approach rooted in real inventiveness.

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About Éric Pichet

Éric Pichet (born in 1960) is a French Business School professor specialising in market finance, monetary economics, fiscal economics, corporate governance and public sector governance.

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Alternative Names: Eric Pichet

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Misapprehensions about the crucial question of whether Management constitutes a scientific discipline stem, in my view, from the multiplicity of perspectives involved: theoretical; normative; technical/educational; and practical. This makes is far too easy for critics to deride practical advice developed in this field, something they assimilate far too readily (and erroneously) with ready-made solutions, ignoring the epistemological vision underlying all management studies.

Efficient financial regulation theories necessarily derive from lucid postulates about the general invariability of human nature, specifically where financial institution executives are involved (see the latest contributions from the field of evolutionary psychology). There is little chance that this will change much over the next few decades -but it is no use complaining, seeing as greed has always been (and will always be) one of the most powerful drivers of capitalist progress.

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Thirty years of lax budget policy (the Trente Dispendieuses) marked by soaring public spending in the 1980’s, the happy-go-lucky attitude of the 1990’s and finally, a policy of procrastination in the 2000’s characterised by the development of creative budgetary marketing strategies exclusively destined to delay the (always) socially and politically painful moment of addressing the accounts.

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