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I mean, he was empirically correct about working hours for about 50 years after his own death! #1476033
Can't blame him for that, eh
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how much of that was due to unionization vs the natural equilibrium working hours?
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My recollection is that working hours were trending downwards independent of unionization and that trend actually stalls out when the 40-hour week became codified, but I don't recall the details on that.
Perhaps Keynes would have been right if not for stupid government interventions.
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Wouldn't that have been maximum irony
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Not household working hours
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Keynes, bad economist that he was, failed to grok that human wants are unlimited.
No matter the advancement in productivity, people will want more than they can afford and will therefore have to continue working.