This article presents a survey of the Fiscal Theory of the Price Level. According to it, there are two stable regimes of economic policies : one, traditional, where the monetary authorities control inflation and where the fiscal authorities must be concerned with their intertemporal balance....

Maurice Allais? work is undoubtedly the most important one among those of the 20th century French economists. It includes both theoretical and applied economic works and economic policy books. In the 1940?s, Maurice Allais rigorously settled the foundations of neoclassical microeconomic...