1. Home
  2. Authors
  3. Lump of labour fallacy

Lump of labour fallacy

1 citas
0 me gusta
0Verified
hace 2 mesesLast Quote

Languages

EN
1 quotes

Top Categories

Labor
1 quotes
Economics
1 quotes

Timeline

First Quote Added

abril 10, 2026

Latest Quote Added

abril 10, 2026

Related Authors

Work377Money331Capitalism269Economics109Basic income94

All Quotes by This Author

"The spread-the-work schemes, in brief, rest on the same sort of illusion that we have been considering. The people who support such schemes think only of the employment they would provide for particular persons or groups; they do not stop to consider what their whole effect would be on everybody. The spread-the-work schemes rest also, as we began by pointing out, on the false assumption that there is just a fixed amount of work to be done. There could be no greater fallacy. There is no limit to the amount of work to be done as long as any human need or wish that work could fill remains unsatisfied. In a modern exchange economy, the most work will be done when prices, costs, and wages are in the best relations to each other."

- Lump of labour fallacy

• 0 likes• economics• labor•
InicioPopularAñadir Cita
Añadir Cita
InicioPopularObrasCitasAutoresCATEGORÍAS
AGREGADO RECIENTEMENTE
CATEGORÍAS
Novelists From The United States29258Thema28471Academics From The United States273392000s American Films18689Person17672