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Two for the Price of One: The 60 hour work week

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Think about what would happen if America adopted the European 35 hour work week. It would lead to a significant reduction in the numbers of millions unemployed. But this would lead to one unpopular side effect it would dramatically increase labor costs and lower the wealth of CEOs and their stockholders.

References

Bauerlein, M. and Jaffery, C. (2011) All Work and No Pay: The Great Speedup. Mother Jones July/August 2011 issue Retrieved from: http://motherjones.com/politics/2011/06/speed-up-american-workers-long-hours?page=2

DiCello, N. (2008) Former Allstate CEO to Run AIG - Yikes! September 19, 2008 Retrieved from: http://cleveland.injuryboard.com/miscellaneous/former-allstate-ceo-to-run-aig-yikes.aspx?googleid=247858

Goldin, C. and Katz, L. (1999). Human Capital and Social Capital. Journal of Interdisciplinary History, Spring, 29, 4, 683-724.

HR.BIR.com (2006) 1/3 of U.S. workers leave"and lose"vacation time. Retrieved from:   http://hr.blr.com/news.aspx?id=18429

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Saulny, S. and Brown, R. (2009) On a Furlough, but Never Leaving the Cubicle. New York Times, June 15, P.1

Schor, J.B. (1991) The Overworked American: The Unexpected Decline of Leisure, N.Y.: Basic Books

Uchitelle, L., (2006) The disposable American: layoffs and their consequences. NY: Knopf

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He has taught in MBA programs for almost 35 years in 2002 he left academe to work for Home Depot where he witnessed the absurdity of corporate life. He is now semiretired and serves on the faculty as an adjunct professor at several institutions. He (more...)
 

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are at best, disingenuous.  Initially, the Fr... by Doc McCoy on Thursday, Mar 22, 2012 at 11:06:25 AM
I know France is in trouble but not my favorite Sw... by william czander on Thursday, Mar 22, 2012 at 12:23:15 PM
that are working here in China. Their biggest comp... by Doc McCoy on Thursday, Mar 22, 2012 at 7:50:45 PM
I've lived in Sweden and I can tell you, what you ... by Judy Palmer on Thursday, Mar 22, 2012 at 8:52:50 PM
Not all Swedes are in love with the system.  ... by Doc McCoy on Thursday, Mar 22, 2012 at 9:18:58 PM
Sweden is not a slacker, welfare state, with worki... by Judy Palmer on Friday, Mar 23, 2012 at 9:08:07 AM
It is curious that the British expression for "lay... by Merry Foxworth on Thursday, Mar 22, 2012 at 12:24:17 PM
While mom and dad are being worked like slaves som... by Joe Vignolo on Thursday, Mar 22, 2012 at 11:33:39 PM
Initially - Americans have no idea what it is like... by Doc McCoy on Friday, Mar 23, 2012 at 1:23:14 AM
If mom works a full time job, and dad works a full... by Joe Vignolo on Friday, Mar 23, 2012 at 1:18:54 PM
A woman divorced with young  children, must w... by william czander on Friday, Mar 23, 2012 at 2:21:22 PM
Everyone in life has to make choices.  They m... by Doc McCoy on Sunday, Mar 25, 2012 at 4:55:48 AM
There is a lot of conflicting information about th... by Doc McCoy on Friday, Mar 23, 2012 at 1:12:07 AM
Go to Amazon and get a copy of my bookThe Death of... by william czander on Friday, Mar 23, 2012 at 10:47:08 AM
In a lot of places taking vacation is frowned upon... by Joe Vignolo on Friday, Mar 23, 2012 at 1:26:31 PM
The FLSA has an exemption for "salaried" employees... by Joe Vignolo on Friday, Mar 23, 2012 at 1:35:13 PM
They would put dept heads who were hourly in posit... by william czander on Friday, Mar 23, 2012 at 2:23:42 PM