That's certainly not true in all European countries. In Switzerland, for example, you get 70% (80 for very low salaries) of your old salary for 1.5 years (2 years if you're over 50). After that, if you still don't have a job, you're on your own (if you're broke, you can apply for social welfare).
Distasteful? He is saying that the Minsky's work is a direct ancestor to his own. If you read the rest of that paragraph he is praising and thanking Minsky for the foundation he laid.
Yeah, he says that – between the lines. He also never misses an opportunity to mention how brilliant he is and how his Wolfram products are the greatest tools in the world.