Saturday 5 January 2013

The professor of futilities

Le Monde published yesterday several hundred words written by a university professor who is also the chairman of the French Cercle des Economistes. The text was supposed to make suggestions about youth employment promotion in a context of crisis, especially taking into account that Mr Hollande's government will have to cut public expenditure by Euro 60 billion in the next five years.

I read it twice and came to the conclusion that this economist and most of the academics are off mark. They can't make any valid set of proposals. The reason is very simple: they remain inside the box, they do not want to antagonise the established political establishment. They have not yet realised that the European world is changing fast and that many young people have not been prepared by the education systems to navigate in a different type of context. 

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