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August 11, 2004
Who’s got the problem?
The French get over 40 days of vacation per year. And between all the strikes and sick days—which are often “sick” days—they (and other Europeans) get even more time off. I bet many Americans would find all this quite appealing.
Then again:
[M]any more Europeans out of work than Americans; over the last decade, U.S. unemployment has averaged 4.6%, compared with 9.2% for the European Union.
Here Niall Ferguson goes into it further. He also proposes a new theory to explain all of this: "The Atheist Sloth Ethic and the Spirit of Collectivism."
Posted by tedb at August 11, 2004 11:04 AM
