Unemployment among British 16- and 17-year-olds suddenly began to surge after 2005. “It’s ‘difficult to explain’ … right. A total mystery. I can’t think What might have caused it.” [BritMouse via Scott Sumner.EconLog]
More: Don Boudreaux. “A poor way to reduce poverty” [Joseph Sabia, Cato Tax and Budget Bulletin, PDF] And don’t hold back, SmarterTimes, tell us what you think re: New York Times hand-wringing on the subject.