The lump of labor fallacy is a fallacy. It arbitrarily assumes that any person can work any job just as easily as the next, without retraining. It fails to account for the effects of downward pressure on wages, among…
The lump of labor fallacy is a fallacy. It arbitrarily assumes that any person can work any job just as easily as the next, without retraining. It fails to account for the effects of downward pressure on wages, among…