Whereas unemployment in the United States has risen and fallen with the business cycle, in Europe it has crept steadily upward in recent decades. Although the economic reasons for this trend are easily explained by reference to European labor policies, the reasons why such policies have been maintained or even augmented are not so obvious.
|Other Independent Review articles by Robert Higgs|
|Spring 2015||Compassiona Critical Factor for Attaining and Maintaining a Free Society|
|Winter 2015||Tolstoys Manifesto on the State, Christian Anarchy, and Pacifism|
|Fall 2014||Ronald Coase, Anomalous Superstar of the Economics Profession|
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