May 30, 2011

BEGINNING FROM AN UNTHINKING ASSUMPTION:

Against Learned Helplessness (PAUL KRUGMAN, 5/29/11, NY Times)

Unemployment is a terrible scourge across much of the Western world. Almost 14 million Americans are jobless, and millions more are stuck with part-time work or jobs that fail to use their skills. Some European countries have it even worse: 21 percent of Spanish workers are unemployed.

Nor is the situation showing rapid improvement. This is a continuing tragedy, and in a rational world bringing an end to this tragedy would be our top economic priority.


A famine is a tragedy. Enjoying the Western standard of living without having to work very hard is a triumph. (Although, the reality is that we have historically elevated levels of employment, thanks largely to moving an epic proportion of women into the workforce over the past 30 years.)

One might more coherently argue that the employment rate is a tragedy (especially for the family and society generally) than that the unemployment rate is.


Posted by at May 30, 2011 8:13 AM
  

blog comments powered by Disqus
« IT'S HARD CHASING GUERILLAS AROUND...: | Main | THE NATURAL AFFINITY OF rEALISTS FOR TOTALITARIANS: »