On Fri, 2008-12-05 at 21:43 -0800, Sandwichman wrote: > The concept of the Sandwichman's stimulus plan is extremely simple: a > basic income guarantee of $145.68 a week combined with a voluntary > annual cap on hours of work at 1,600 hours. The rationale for this > approach is that this is not your grandfather's depression. The nature > of work has changed. It is not feasible to continue treating the > environment as if it was an economic "externality". Historical > evidence and real economic theory (as opposed to textbook lore) > support the strategy outlined in the Sandwichman plan. > > 12.5 million jobs for $1 trillion. > > For the plan and back-of the envelop calculations > > http://econospeak.blogspot.com/2008/12/sandwichmans-keynesian-stimulus-plan.html
On this topic, do you know of worthwhile analysis of the switch to 35 hours workweek in France around 2000? http://en.wikipedia.org/wiki/35-hour_workweek (The french wikipedia version is basically saying this was an evil communist measure costing the country billions of jobs and euros.) Thanks in advance, Laurent _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
