SHOE Archives

Societies for the History of Economics

SHOE@YORKU.CA

Options: Use Forum View

Use Monospaced Font
Show Text Part by Default
Show All Mail Headers

Message: [<< First] [< Prev] [Next >] [Last >>]
Topic: [<< First] [< Prev] [Next >] [Last >>]
Author: [<< First] [< Prev] [Next >] [Last >>]

Print Reply
Subject:
From:
[log in to unmask] (Nicholas Theocarakis)
Date:
Fri Mar 31 17:18:48 2006
Content-Type:
text/plain
Parts/Attachments:
text/plain (13 lines)
Michael Perelman said:  
> If economics is a theory of choice, tell me how workers got to choose their  
> working hours in the 19th C., when they had to fight for an 8 hour day?  
  
  
Curiouser and curiouser! Actually according to neoclassical labour supply   
theory restricting your choice of working hours reduces your utility. Shome   
misthake shurely!  Maybe faced with a Zugzwang you dont have much of a choice,   
and you must do something about it, such as fighting for an 8 jour day.   
  
Nicholas Theocarakis  
 

ATOM RSS1 RSS2