[OPE-L] length of the working day

From: Michael Perelman (michael@ECST.CSUCHICO.EDU)
Date: Thu Jul 28 2005 - 18:28:59 EDT

At the time when the eight-hour day was a matter of public debate, that any economists ever
offer theory as to how the length of the working day was determined, other than to say that
it was a matter of a bargain between individual workers and their employer.  I realize that
you can explain an individual transaction in terms of the marginal utility of leisure
compared to the marginal utility of wages, but beyond that was there anything?

Michael Perelman Economics Department California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu

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