Basic Economics

Economist Thomas Sowell on the French students who are rioting against a limited employment at will law:

The fact that many students can think only in terms of "rights," but not in terms of consequences, shows a major deficiency in their education. The right to a job is obviously not the same thing as a job. Otherwise there would not be a 23 percent unemployment rate among young French workers.

The law can create equal rights for inexperienced young workers and for older workers with a proven track record but the law cannot make them equally productive on the job or equally risky to hire. Nor is rioting likely to make employers any more likely to want young workers working for them.

Read the rest here.