Friday, May 20, 2011

The cheap, hard or smart way to EUrope?

In view of Angela Merkel's recent comments re South Europe, some thoughts:

Work cheap, work hard or work smart? Which is Europe's key competitiveness problem (other than the uber hard Euro)?

There are many biases (incl philosophical) in the way dominant Economic dogma defines hard work - productivity. The Merkel comments also show IMO how unaware she is about the work smart (vs work til you drop) model her neighbours the Scandics take pride in!

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Thanks.
BRs
Nick

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