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>From "The 'Lump-of-Labor' Case Against Work-Sharing: Populist
Fallacy or Marginalist Throwback," forthcoming in _Working Time:
International Trends, Theory and Policy Perspectives_ Routledge Fall
2000:
"As if to show that Gresham's law -- that bad money drives out good --
also governs economic discourse, the claim of a lump-of-labor fallacy
has displaced genuine analysis regarding the complex relationship
between the hours of work, employment and productivity."
I swear I didn't know about the Frank Knight precedent or I would
have cited it!
Tom Walker
TimeWork Web
http://www.vcn.bc.ca/timework/worksite.htm
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