Thanks to Observing Herrmann for pointing this out: Europeans have been carrying around prejudices of one another around forever, despite all facts the most enduring trope is the Protestant work ethic, a.k.a. the superior productivity and output of the northerner:A statistics-based report published by French bank Natixis chief economist Patrick Artus said Germans worked less annually and during their lifetime than Southern Europeans, and did not work more intensely than their neighbours either.
They do seem more productive somehow, or at least more prone to sweep the streets. But how long will this last?
The study, based on OECD and Eurostat figures, said a German's average annual work duration (1,390 hours) was substantially lower than for a Greek (2,119), an Italian (1,773) a Portuguese (1,719) and a Spaniard (1,654).
A French person works 1,554 hours per year, said the study which was published on Monday.
"Germany's productivity per head remains close to the average of southern European countries. Its hourly productivity rate is above average but not better than France or Greece," the study added.
The only other visible differences could be a result of:
A) higher value of the goods that Deutscher und Detscherinnen are making/adding value to, or:
B) There is a higher percentage of population in the workforce, or,
C) cheaper (relative) inputs to that output.
Either way, it doesn’t bode well. The Asians will be spanking them on (A), the workforce is aging which will nuke (B), and the biggest single input into everything (C), energy is now wholly controlled by loons who think that their little life, their coffee in the morning, their bus ride, etc. somehow is immune to relying on solar panels, windmills, opposing hydro power, not allowing a coal mine to operate, and nuking nuclear power.
Once again, some observer might note that “the lights are going out across Europe”. Again it will be a result of self-induced popular hysteria.
Monday, June 06, 2011
Zukunft? Nein danke!
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