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42 sats \ 1 reply \ @SimpleStacker 8h \ parent \ on: IF there was UBI who would fund it? econ
Hmm, interesting that it's been stable even through the computer and internet revolutions... which is where I think I was getting my thoughts about this from.
Hard to say how much of it is driven by market supply & demand vs. regulatory distortions. (Not sure if the 40 hour work week has any regulatory significance)
As to male labor force decline, I think I read that it correlates well with disability claims and video games.
Yeah, video games are one of the leading explanations.
During the New Deal (I think), a bunch of labor regulations were put in place that somewhat entrenched the 40 hour work week.
As with much government do-goodery, a long-running beneficial trend stopped as soon as the government decided to help.
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