Their greatest champions are the French who see the CAP as defending not just farmers but the French way of life.

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The solution, say the French, is to cap the number of commissioners at, say, 12, chosen by rotation.

ECONOMIST: The European Union

CAP, French farmers can be counted on to squeal the loudest.

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There is no doubt whatsoever that not having a salary cap has helped French teams.

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One French-born but London-based entrepreneur says he has a letter on his desk from the French government, offering a cap on his taxes if he brings his business back home.

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Eisenbud's pronouncement about Sharapova's future comes as a boost to the women's tennis tour due to Sharapova's enormous star power and fan base, which increased when she won the French Open last June to cap her comeback and become just the 10th woman to capture all four majors.

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Morgan Stanley CEO James Gorman recently responded to rumors that its European bank exposure is three times its market cap, and well over its entire book equity value, and that its exposure to French banks is 60% greater than its market cap.

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Mr Albrow also doffs his cap to Alain Touraine, a radical French sociologist who has been trying for two decades to rid sociology of the concept of society.

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The small-cap premium is eloquently deconstructed by the Fama-French Three Factor Model.

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The French accepted the common market because they were given the opportunity to modernize their agriculture through the generous funds of the CAP.

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