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Happy Anniversary, and a footnote

By Al Schumann on Tuesday November 15, 2011 01:05 PM

I'm late to the party but Happy Anniversary nevertheless. Ecological Headstand is one year and five days old.

The footnote: the "structural unemployment" excuse, beloved of neoliberal policy wonks, is based entirely on the belief that there is a fixed amount of work to be done. This is the Lump of Labor Fallacy. "As the derisive name suggests, it's an idea economists view with contempt, yet the fallacy makes a comeback whenever the economy is sluggish."-- Paul Krugman, regular reader of Ecological Headstand.

Comments (3)

Thanks kindly. I'm honored.

"The footnote: the "structural unemployment" excuse, beloved of neoliberal policy wonks, is based entirely on the belief that there is a fixed amount of work to be done."

I personally believe their is an infinite amount of lazying about that needs doing.

The fact that the rest of world is looking for more work to do is proof to me that they're all insane.

murdershewrote:

yeah!!!! fuck work!!!

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