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Unless you are prepared to argue persuasively for any of the other options.

Most economists teach a theoretical framework that has been shown to be fundamentally useless. -- James K. Galbraith
by Migeru (migeru at eurotrib dot com) on Tue Mar 28th, 2006 at 09:55:20 AM EST
[ Parent ]
a lot of the youth are students, and they do not need to work to pay for their studies.
This is a topic for another diary: how much does education cost, and who pays for it, in different countries.

We lambasted the UK and the Netherlands for lowering their unemployment statistics by shunting people off into "disability", so why can't we argue that shunting people into "study" is not artificielly lowering youth unemployment?

I am not saying that is the case, just that this is an issue that needs to be explored. And I don't believe over 60% of Danish students need to work to pay for their studies. There are cultural and social factors at play here.

Most economists teach a theoretical framework that has been shown to be fundamentally useless. -- James K. Galbraith

by Migeru (migeru at eurotrib dot com) on Tue Mar 28th, 2006 at 09:59:24 AM EST
[ Parent ]

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