October 13, 2004

DEBATE ON WORKWEEK REDUCTION

Erik Rauch, who was the first to leave a comment on WLIT, engaged in an extended exchange of views on workweek reduction on the Paul Krugman Archive message board in March 2003.

What I'm really trying to do is understand why economists like Krugman seem to be doubtful that workweek reduction would be effective.

Thanks to Edgar Ayala for his reply. He wrote:
> Reducing the workweek doesn't really reduce unemploymet...
> it is more like taking unemployment and spreading it around.

In a manner of speaking, yes. But by unemployment I mean 'the number of people out of work' rather than the total number of hours worked...

Posted by sandwichman at October 13, 2004 03:22 PM