When politicians talk about youth unemployment, they should ask themselves why does France need 65,000 psychology students - a quarter of Europe's total student number in that subject? What use is training to become a sports teacher when 45,000 other people graduate with the same degree and there are only 400 job openings per year?Statist education is bound to fail to meet the needs of the marketplace.That's why there's a reserve army of college graduates in France.Socialism means unemployment of resources and humans.
The protests of the past few weeks, while I disagree with their tactics, have crystallised the anger and fear that is gripping young people at the very age when they should be making plans and building futures.
Thursday, April 06, 2006
The Excess Supply of French Students
The Independent reports: