Take the position of either Agell or Heckman and defend your position and what it implies for labour market reform in Europe following the global financial and Eurozone crises.

- 'Labour market reforms failing to distinguish between good and bad rigidities will do more harm than good.' Jonas Agell (2003) CESifo Forum

- 'A substantial portion of European unemployment is a symptom of the deeper problem that incentives to innovate, to acquire skills, and to take risks have been thwarted by the welfare state and regulation.' James Heckman (2003) CESifo Forum