European Tribune - Comments - Waste not, collapse not.

Waste not, collapse not. | 26 comments (26 topical, editorial, 0 hidden)

Re: Waste not, collapse not. (4.00 / 2)

It is a nice Orwellian touch that we now try to maximize the amount of work put into the economic system, and see it as a good thing.

And I kinda doubt the fallacy, with the way UK and France have about the same amount of hours worked ; the greater UK work participation rate due to, well, shorter weeks on average.

Auferre, trucidare, rapere, falsis nominibus imperium; atque, ubi solitudinem faciunt, pacem appellant.

by linca (antonin POINT lucas AROBASE gmail.com) on Thu Jan 3rd, 2008 at 01:25:02 PM EST
[ Parent ]

Re: Waste not, collapse not. (none / 0)

Suppose you have a lump of labour. Then, the higher the (weekly) minimum wage the longer the average week and the larger the unemployment rate.

We have met the enemy, and he is us — Pogo

by Migeru (migeru at eurotrib dot com) on Thu Jan 3rd, 2008 at 04:54:59 PM EST
[ Parent ]

Re: Waste not, collapse not. (none / 1)

That depends on how the labour week length is flexible... I'm not so sure many people would work more if they earnt more. I know I wouldn't.

Auferre, trucidare, rapere, falsis nominibus imperium; atque, ubi solitudinem faciunt, pacem appellant.

by linca (antonin POINT lucas AROBASE gmail.com) on Fri Jan 4th, 2008 at 06:31:15 AM EST
[ Parent ]

Waste not, collapse not. | 26 comments (26 topical, 0 editorial, 0 hidden)

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