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.

Un roi sans divertissement est un homme plein de misères

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.

Un roi sans divertissement est un homme plein de misères

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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