Display:
Here we're talking about plenty of education and training and no employment.

In fact, ZP recently proposed making free master's level education available to unemployed mileuristas. As if the problem were that their excessive training is out of line with the demands of the job market, rather than the fact that there just aren't enough jobs out there.

The brainless should not be in banking. — Willem Buitler

by Migeru (migeru at eurotrib dot com) on Sun May 31st, 2009 at 01:53:35 PM EST
[ Parent ]
... the assumptions of mainstream economic models. The unemployment will automatically correct itself in the long term, and the more skilled the workforce is as it automatically corrects itself, the higher the competitive wage will be when the labor market arrives at it.

There you go, what a lovely feeling of relief comes from soaking in the assumptions of the mainstream economic models ...

... just like using the last of your last credit card balance for charging a soak in a hot spring, before declaring bankruptcy and moving out into the street.

I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.

by BruceMcF (agila61 at netscape dot net) on Sun May 31st, 2009 at 03:59:28 PM EST
[ Parent ]
... available to many NEETs in Japan ... Employment, Education and Training summarizing the categories of occupations that are suitable for 18-39 year olds, then 18-39 year olds that are NOT in EET, that's a "social problem".


I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.
by BruceMcF (agila61 at netscape dot net) on Sun May 31st, 2009 at 04:39:31 PM EST
[ Parent ]

Display:
Login
. Make a new account
. Reset password
Occasional Series