What organization did Jacques Rueff join in 1950?
Jacques Rueff Jacques Léon Rueff ( 23 August 1896 – 23 April 1978 ) was a French economist and adviser to the French government . Life . An influential French conservative and free market thinker , Rueff was born the son of a well known Parisian physician and studied economics and mathematics at the École Polytechnique . An important economic advisor to President Charles de Gaulle , Rueff was also a major figure in the management of the French economy during the Great Depression . In the early 1930s , he was as a financial attache in London , in charge of the Bank of Frances sterling reserves . He was a member of the Société d’Économie Politique and was linked to the Éditions de Médicis . In 1941 , Rueff was dismissed from his office as the deputy governor of the Bank of France , as a result of Vichy Frances new anti-Semitic laws . Rueff published several works of political economy and philosophy during his lifetime , including LOrdre Social , which appeared shortly after the Liberation of Paris After the war Rueff became one of the leading French members of the classical liberal Mont Pelerin Society , the president of the Inter-Allied Reparations Agency ( IARA ) , and the minister of state of Monaco . He was strongly in favour of European integration and served from 1952 to 1962 as a judge on the European Court of Justice . He advised President Charles de Gaulle from 1958 . That year , the Rueff Plan , also known as the Rueff-Pinay Plan , balanced the budget and secured the convertibility of the franc , which had been endangered by the strains of decolonisation . In the 1960s , Rueff became a major proponent of a return to the gold standard and criticised of the use of the dollar as a unit of reserve , which he warned would cause a worldwide inflation . A member of the Académie des Sciences Morales et Politiques , Rueff was elected to the Académie française in 1964 . Foreseeing the emerging European Communitys Common Market , Rueff recommended cutting barriers to competition in his second report . Along with co-writer Louis Armand and helped by an ad hoc committee of experts , the plan Rueff-Armand , as the press called it , was published in 1960 . The full title of the report is Rapport du Comité pour la suppression des obstacles à lexpansion économique ( Report on suppressing barriers to economic growth ) . Rueff always remained a firm opponent of John Maynard Keynes . His first critique appeared in the Economics Journal , on the issue of transfers ; specifically , German war reparations . Rueff was against such transfers in the late 1930s . In 1947 , he critiqued Keynes magnum opus , The General Theory of Employment , Interest and Money . In 1958 , US economist James Tobin became his main critic in the Quarterly Journal of Economics . Almost 30 years later , Rueff , repeated his beliefs in The End of the Keynesian Era , which was first published in Le Monde .