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by Colman Thomas L. Friedman in the New York Times: There is a huge debate roiling in Europe today over which economic model to follow: the Franco-German shorter-workweek-six-weeks'-vacation-never-fire-anyone-but-high-unemployment social model or the less protected but more innovative, high-employment Anglo-Saxon model preferred by Britain, Ireland and Eastern Europe. It is obvious to me that the Irish-British model is the way of the future, and the only question is when Germany and France will face reality: either they become Ireland or they become museums. That is their real choice over the next few years - it's either the leprechaun way or the Louvre. This is the sort of mindless free-market propaganda that turns me into a short chubby caricature of an John Cleese character, but I haven't had the time to calm down and put together a proper response. Luckily for me, Henry Farrell over on Crooked Timber has. Ireland is not a good example of an Anglo-Saxon anything. Admittedly, it has some good examples of free-market idiots, but we'll get rid of them at the next election.
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Way of the Leprechaun? | 17 comments (17 topical, 0 editorial, 0 hidden)
Way of the Leprechaun? | 17 comments (17 topical, 0 editorial, 0 hidden)
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