« More for the low paid | Main | The failure of France's 35 hour week »

Monday, March 20, 2006



Does anybody know why rising employment should be seen as a sign of growing competitiveness? It's clearly a positive sign for the economy as a whole (not to mention the people who get to go back to work), but I don't see how it makes the economy more competitive. If anything, if it were unaccompanied by other reforms, surely it could even make the economy less competitive by pushing up labour costs.

(I'm not an economist, so am quite prepared to have utterly missed something here.)


nice posting....i like it...



Its really nice post....
I was searching this kind of posting .....
I just liked it....


Nick Matyas

Awesome posting man!
You are a great blogger. I like your work. Truly you are a genius.
Keep up the good work Man!!


The comments to this entry are closed.


  • TEST

  • Subscribe in NewsGator Online

Economist Weblogs



  • This is a personal web site, produced in my own time and solely reflecting my personal opinions. Statements on this site do not represent the views or policies of my employer, past or present, or any other organisation with which I may be affiliated. The information on this site is provided for discussion purposes only, and are not investing recommendations. Under no circumstances does this information represent a recommendation to buy or sell securities.