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Shorter FT: "Labour mobility is bad".

Personally, I predict that if Royal is elected, France will be invaded by flying monkeys with umbrellas. Umbrellas with pictures of Dachshunds on them.

by Colman (colman at eurotrib.com) on Thu Feb 15th, 2007 at 04:35:45 AM EST
Let me see... of the factors of production, capital mobility is good, labour mobility is bad. We are also want free movement of goods and services, but not of people.

This is what money wants, but if people called the shots it might be quite different (more labour mobility, less capital mobility, freer movement of people).

That's the difference between "people votes" (democracy) and "money votes" (capitalism), to use the terminology of [Nobel Prize winner Paul] Samuelson's introductory textbook on Economics. [Barf]

"It's the statue, man, The Statue."

by Migeru (migeru at eurotrib dot com) on Thu Feb 15th, 2007 at 05:06:08 AM EST
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