Countering the 'Lump of Labor' Fallacy: Two Lessons

Federal Reserve Bank St. Louis

Open Vault from Federal Reserve Bank of St. Louis

Abstract: The 'lump of labor' fallacy is the notion that there is a fixed amount of work, but if that were true, jobs could be redistributed but not created.

Date: 2021-01-06
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.stlouisfed.org/open-vault/2021/january ... -fallacy-two-lessons Full text (text/html)
https://fraser.stlouisfed.org/title/open-vault-939 ... y-two-lessons-688121 Full text (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fip:l00100:102613

Access Statistics for this paper

More papers in Open Vault from Federal Reserve Bank of St. Louis Contact information at EDIRC.
Bibliographic data for series maintained by Scott St. Louis ().