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July 29, 2005
Krugman: The French Live BetterOkay, it's Liberal Day here at Ace of Spades, but Paul Krugman makes a few good points in comparing the American and French views about economics and competition. First things first: given all the bad-mouthing the French receive, you may be surprised that I describe their society as "productive." Yet according to the Organization for Economic Cooperation and Development, productivity in France - G.D.P. per hour worked - is actually a bit higher than in the United States. Just sayin'. There's nothing inherently wonderful about the short vacation times Americans get. It would be nice if we could all collectively bargain for more; I doubt any except the most driven individuals would balk at taking a couple of more weeks off per year. Or even shortening the work week to thirty seven and a half hours. Yes, this is, to some degree, a form of socialism. It's artificially creating rules which disfavor the more-driven in order to keep the less-driven from experiencing the full competitive disadvantage they'd suffer were the workweek as long as one decided to work, or vacation time as brief or nonexistent as one chose. To some extent it's not so much state-mandated socialism as tradition. Anyone who's tried to eat or buy stuff in Europe in the late afternoon knows shopkeepers and such tend to take a few hours off mid-day. It's an inconvenience for the buyer, of course, but it can't help but be a boon to the shopkeeper. I don't know. Not sure what my point is here, except, perhaps, to get ripped further by Fat Kid. Forget The Facts: Quite frankly, I expected that Krugman's "facts" would be exposed as sham. I don't put a lot of stock in them. I'm more citing this for the general proposition -- there's not necessarily anything economically or competitively magical about two weeks of vacation per year. I suppose productivity might suffer some if people had three or four weeks vacation average; then again, many of the top wage-earners in the country take off more than that, so perhaps, they being very smart and very productive, know that a bit of me-time can actually make for better workers. | Recent Comments
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