Whereas unemployment in the United States has risen and fallen with the business cycle, in Europe it has crept steadily upward in recent decades. Although the economic reasons for this trend are easily explained by reference to European labor policies, the reasons why such policies have been maintained or even augmented are not so obvious.
Robert Higgs is Retired Senior Fellow in Political Economy, Founding Editor and former Editor at Large of The Independent Review.
Economic PolicyEconomyFree Market EconomicsLabor and EmploymentLabor Law and RegulationLaw and LibertyPublic Choice
Other Independent Review articles by Robert Higgs
Fall 2019 Pressure-Release Valves in Participatory Fascism
Winter 2018/19 Two Worlds: Politics and Everything Else
Fall 2018 Against the Whole Concept and Construction of the Balance of International Payments
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