Advanced Search
MyIDEAS: Login to save this article or follow this journal

Why economists dislike a lump of labor

Contents:

Author Info

  • Tom Walker

Abstract

The lump-of-labor fallacy has been called one of the “best known fallacies in economics.” It is widely cited in disparagement of policies for reducing the standard hours of work, yet the authenticity of the fallacy claim is questionable, and explanations of it are inconsistent and contradictory. This article discusses recent occurrences of the fallacy claim and investigates anomalies in the claim and its history. S.J. Chapman's coherent and formerly highly regarded theory of the hours of labor is reviewed, and it is shown how that theory could lend credence to the job-creating potentiality of shorter working time policies. It concludes that substituting a dubious fallacy claim for an authentic economic theory may have obstructed fruitful dialogue about working time and the appropriate policies for regulating it.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://www.tandfonline.com/doi/abs/10.1080/00346760701635809
Download Restriction: Access to full text is restricted to subscribers.

As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

Bibliographic Info

Article provided by Taylor & Francis Journals in its journal Review of Social Economy.

Volume (Year): 65 (2007)
Issue (Month): 3 ()
Pages: 279-291

as in new window
Handle: RePEc:taf:rsocec:v:65:y:2007:i:3:p:279-291

Contact details of provider:
Web page: http://www.tandfonline.com/RRSE20

Order Information:
Web: http://www.tandfonline.com/pricing/journal/RRSE20

Related research

Keywords: lump-of-labor fallacy; hours of work; full-employment policy;

References

No references listed on IDEAS
You can help add them by filling out this form.

Citations

Blog mentions

As found by EconAcademics.org, the blog aggregator for Economics research:
  1. Fawcett: "The Regulation of the Hours of Labour by the State" (abridged) IV
    by Sandwichman in EconoSpeak on 2009-08-31 20:07:00
  2. Number One!
    by Sandwichman in EconoSpeak on 2009-08-02 03:22:00
  3. Only So Much Boilerplate to Go Round
    by Sandwichman in EconoSpeak on 2009-07-17 02:17:00
  4. Jobless Recovery v. Working Less
    by Sandwichman in EconoSpeak on 2009-07-10 18:39:00
  5. No Evidence that Business Week Economics Editor Knows What He is Talking About
    by Sandwichman in EconoSpeak on 2009-07-09 15:56:00
  6. The Danger of Boilerplate
    by Sandwichman in EconoSpeak on 2009-06-18 18:32:00
  7. Those Wacky Europeans!
    by Sandwichman in EconoSpeak on 2009-05-08 00:03:00
  8. Bailouts and JAWBS
    by Sandwichman in EconoSpeak on 2008-11-20 18:18:00
  9. Invitation to Ryan Avent for a Debate
    by Sandwichman in ecological headstand on 2011-08-25 20:21:00
  10. What's Wrong with the Case AGAINST Shorter Work? VI
    by Sandwichman in The Lump of Labor on 2011-12-16 00:50:00
  11. Megan McArdle: As the Lump Crumbles...
    by Sandwichman in EconoSpeak on 2013-06-18 23:30:00
  12. Labour Markets: "A crazy explanation for what is happening to workers"
    by Sandwichman in EconoSpeak on 2014-01-22 23:48:00
  13. Basic Econometrics: Robots Demand Shorter Hours!
    by Sandwichman in EconoSpeak on 2014-01-29 22:52:00
  14. Tim Kane: "Overtime, rooted in the LOL fallacy"
    by Sandwichman in EconoSpeak on 2014-03-20 05:27:00
  15. Whack-a-Mole Tim and the Fixed Amount of Cheese-Eating Work Fallacio
    by Sandwichman in EconoSpeak on 2014-05-30 19:05:00
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as in new window

Cited by:
  1. James Banks & Richard Blundell & Antoine Bozio & Carl Emmerson, 2010. "Releasing jobs for the young? Early retirement and youth unemployment in the United Kingdom," IFS Working Papers W10/02, Institute for Fiscal Studies.
  2. Zhang, Chuanchuan, 2012. "The relationship between elderly employment and youth employment: evidence from China," MPRA Paper 37221, University Library of Munich, Germany.
  3. Zhang, Chuanchuan & Zhao, Yaohui, 2012. "延迟退休年龄会挤出年轻人就业吗?
    [Will Postponing Retirement Crowd out Youth Employment?]
    ," MPRA Paper 52931, University Library of Munich, Germany, revised Dec 2013.
  4. Zhang, Chuanchuan, 2012. "延迟退休年龄会挤出年轻人就业吗?
    [Will Postponing Retirement Crowd out Youth Employment?]
    ," MPRA Paper 49811, University Library of Munich, Germany, revised Nov 2012.

Lists

This item is featured on the following reading lists or Wikipedia pages:
  1. Lump-of-labour-virhekäsitys in Wikipedia Finnish ne '')
  2. Lump of labour fallacy in Wikipedia English ne '')

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:taf:rsocec:v:65:y:2007:i:3:p:279-291. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Michael McNulty).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.