3 ms·
Just wanted to point out that the lump of labor fallacy is not a fallacy in the same way a logical fallacy is - whether it is fallacious or not is dependent on
by zenogais 12y ago
Just wanted to point out that the lump of labor fallacy is not a fallacy in the same way a logical fallacy is - whether it is fallacious or not is dependent on what economics axioms you choose to accept. In fact, the history of the fallacy leaves it far from settled[1]
[1]: http://econpapers.repec.org/article/tafrsocec/v_3a65_3ay_3a2007_3ai_3a3_3ap_3a279-291.htm http://econpapers.repec.org/article/tafrsocec/v_3a65_3ay_3a2...