tag:blogger.com,1999:blog-4900303239154048192.post3311406394482269354..comments2024-03-06T06:34:42.881-05:00Comments on EconoSpeak: Ethnic Stereotyping and Class: Two Ways to Look at the Eurozone CrisisUnknownnoreply@blogger.comBlogger1125tag:blogger.com,1999:blog-4900303239154048192.post-12821445652874809432012-09-13T06:46:45.637-04:002012-09-13T06:46:45.637-04:00Good points, but IMHO the anti-firing regulations ...Good points, but IMHO the anti-firing regulations and early retirement benefits in Southern Europe are really playing a part in their economic woes.<br />More generally, what you see in (non-English speaking) Europe is a lack of economic culture, including among the political and media spheres.<br />This is why Europe engaged in the euro without even paying attention to the warnings of economists.<br />It is also the reason why Europe pressed so hard on austerity (and still does despite all the evidence of its failure). The only alternatives to austerity that are usually considered is protectionism, market restrictions and more red-tape. This leaves very little room for sensible center-stage economic policy.<br />Scandinavians seemingly know better, but they account for a very small share of the European Union, and very few people read Swedish south of Malmö.Zorbloghttps://www.blogger.com/profile/03175779746756984479noreply@blogger.com