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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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