QotD: French Political Economics

France is still in the grip of precisely the political mentality that has prevailed here since the Middle Ages. As the protesters themselves cheerfully declare: It's the street that rules. Today's mobs, like their predecessors, are notable for their poor grasp of economic principles and their hostility to the free market. Only wardrobe distinguishes these demonstrations from those that led to the invasion of the national convention in 1795, when first the mob protested that commodity prices were too high; when the government responded with price controls, it protested with equal vigor that goods had disappeared and black market prices had risen. Similarly, the students on the streets today espouse economic views entirely unpolluted by reality. If the CPE is enacted, said one young woman, "You'll get a job knowing that you've got to do every single thing they ask you to do because otherwise you may get sacked."

Imagine that.

Claire Berlinski, "Paris Burning, Once Again", Washington Post, 2006-03-26