Thank Capitalism For the Weekend! Sep 5, 2016
Every year or two, we see renewed calls for laws mandating a 30-hour workweek. The latest is by Harlan Green, editor of populareconomics.com. It’s time to put this issue to bed: laws mandating a shorter workweek hurt the very workers they intend to help. The idea that we need maximum-workweek laws to protect workers is a myth: capitalism has driven down worker hours even in the absence of such laws. Economist Robert Whaples notes that the average workweek has been decreasing since the 1830s. By 1938, when President Roosevelt signed the Fair Labor Standards Act (FLSA) mandating a 40-hour workweek,...
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