Quote of the day

“I find economics increasingly satisfactory, and I think I am rather good at it.”– John Maynard Keynes

Saturday 17 January 2015

Solving Europe's youth unemployment

As we have learned, youth unemployment across Europe is very high, with the highest levels in Spain, Greece and Italy. What can be done to resolve this? This short article looks at what might be done, which gives you material for essays, as well as highlighting issues that could hinder these solutions (evaluation!). I am particularly intrigued by the suggestion in the final paragraph; is it a practical example, where the overall cost (and waste) is worth the potential outcome? Or is it an example of a desperate attempt to circumvent the structural issues European politicans are reluctant to tackle?

http://www.tutor2u.net/blog/index.php/economics/comments/can-adam-smith-solve-the-problem-of-youth-unemployment-in-europe

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