WITH a popularity rating below 20%, France’s Socialist president, François Hollande, is no stranger to criticism. But the decision on January 1st by Thomas Piketty, a French economist and bestselling author of “Capital in the 21st Century”, to refuse the award of the Légion d’Honneur was a cruel snub. Close to the Socialist Party, Mr Piketty backed Mr Hollande for election in 2012. Now he says that his government “would do better to concentrate on reviving growth in France and Europe” rather than handing out honours.
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