Counter-Intuition 101: Why Recent Bad Economic News Means It's Time For Working Less, By Juliet Schor

Counter-Intuition 101: Why Recent Bad Economic News Means It's Time For Working Less, By Juliet Schor

So what’s the alternative to slashing government programs, budget cutting, and more concentrated wealth at the top? The centerpiece of a new approach is to re-structure the labor market by reducing hours of work. That may seem counter-intuitive in a period when the mainstream message is that we are poorer than ever and have to work harder. But the historical record suggests it’s a smart move that will create what economists call a triple dividend: three positive outcomes from one policy innovation.