Tag Archives: the Economist

Unemployment, like poverty, just is

I stumbled today across an oldish topic debated in Economics by Invitation, a section of The Economist website. The title What’s Causing High Youth Unemployment makes me want to shout: there is no such thing! Unemployment just is! – it is employment that has causes one can talk about. Was it Lord Acton that said something similar about the causes of poverty, or was it someone else? I forget…

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