Saturday, December 15, 2012

This is why Southern Europe is a mess

This episode from Planet Money almost made me forget my opposition to government subsidies for NPR.  It is the story of one manager's struggle to reduce absenteeism in his pasta plant in Southern Italy. 

Despite good reporting of the facts, it was amazing to me how the reporters managed to miss the elephant in the room--Italy's labor laws.  


  1. well sure labor laws might be a problem, but the show is comparing the situation between the north and south of the country, which face similar labor laws.

  2. I don’t really know much, but I believe anything regarding Europe makes me nervous been a trader, it can really have effect on the market. Right now I am trading with OctaFX broker where I get a lot of help with their expert analysis facility, I am able to follow it easily on their web site and that is what leads to success for me, so that is why I really love it and enjoy working with them since it obviously gives me a lot of profits.