Thomas Sowell has a piece on the French student protests:
French Prime Minister Dominique de Villepin, who supports the new labor law, has seen his approval rating drop to 36 percent. That happens when you try talking sense to people who prefer to believe nonsense. It is elementary economics that adding to the costs, including risks, of hiring workers tends to reduce the number of hires. It should not be news to anyone, whether or not they have gone to a university, that raising costs usually reduces transactions. The fact such profound ignorance of basic economics and such self-indulgent emotionalism should be prevalent at elite institutions of higher education is one of the many deep-seated failures of universities on both sides of the Atlantic.