[lbo-talk] Prince Charles' Mozart Effect

John Adams jadams01 at sprynet.com
Fri Jun 17 06:03:24 PDT 2005


-----Original Message----- From: Tom Walker <timework at telus.net>


>In short, false claims about a "lump-of-labor fallacy" are not merely
anti-trade unionist, they attack the full spectrum of socialist and non-socialist progressive economic thought of the past century and a half and insist on blind obedience to the peculiar early 19th century economic dogmas of J.B. Say and Nassau Senior. And these false claims circulate with ease at the IMF, the OECD, the ILO(!), finance ministries, first tier economics departments and elite economics journals everywhere.

Perhaps I'm missing something, but isn't this trivially false? It's obvious to anyone who's ever been around a corporate environment that the work involved in hiring and managing ten half-time workers is considerably greater than hiring and managing five full-timers.

Or is that "obvious fact" another piece of false information?

John A



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