According to the International Herald Tribune, Europe is reconsidering the wisdom of mandated short work weeks and luxurious vacation policies.The evidence of this change that the article presents is anecdotal, so it is not certain that a better understanding of economics is really spreading, but even the fact that the article was written is encouraging.
It is a shame that ideas (like “if we all work less, there will be more work to spread around for everyone”) which were throrougly discredited by Mises and Hazlitt so long ago ever gained acceptance. But the fact that the truth eventually surfaces, and people are capable of learning, is a hopeful sign.
Western Europe comes to grips with working
