Men with college degrees led the “quiet quitting” movement in the US, according to new research that sheds more light on the pandemic-induced phenomenon https://t.co/XNT5Ev6OE5
New @nberpubs: "Where Are the Workers? From Great Resignation to Quiet Quitting" https://t.co/ZgC9UFfjob
"Workers' hours reduction can explain why the labor market is even tighter than what is expected at the current levels of unemployment and labor force participation." pic.twitter.com/pNXgkWhFaf
....The reason was simple: farmers had no incentive to move from being self-employed to being hired labor. And who would prefer to switch from being one’s own boss and dependent perhaps only on the elements to become a hired hand, working six days a week all year round, in “satanic mills”?
The issue is noted by Francis Fukuyama (among others) in “Political Order and Political Decay”. He explains slow industrial development in Greece (and he could have readily added Serbia and Bulgaria) by political clientelism which in his views stemmed from premature democratization, that is, before programmatic and not clientelistic political parties could be formed. But he fails to see the economic origin of the problem: lack of incentive to move to cities....
Comments
by artappraiser on Tue, 01/10/2023 - 11:51pm
by artappraiser on Wed, 01/11/2023 - 12:19am
Wondering when we get back to multiple trophy & more everyday labor wives, which seemed to take care of the ebbs and floes of married life.
Solves the abortion issue as well - always a free set of hands to raise another kid
by PeraclesPlease on Tue, 01/17/2023 - 2:58am
by artappraiser on Sun, 01/15/2023 - 9:26pm
the 'win the lotto' generation admiring feats of others
the thread continues....
by artappraiser on Tue, 01/17/2023 - 7:47pm
from
by artappraiser on Wed, 01/18/2023 - 1:31am