Evidence receipt / belief
Published · transcript-backedZach Carter: belief
2 Dec 2020 Conversations with Tyler Zach Carter on the Life and Legacy of John Maynard Keynes
“You can see the decline in working hours is pretty steady over the late 19th century and into the 1940s. I think he writes that essay in 1928.”
Source trail
Everything needed to verify it.
- Speaker
- Zach Carter
- Attribution
- Verified speaker
- Claim type
- belief
- Recorded
- 2 Dec 2020
- Publisher
- Conversations with Tyler
Transcript context
…But median family income in the US is now still past the range where Keynes would have predicted 15 hours of work a week, right? Uneven distribution, but median wage in Keynes’s time was pitifully low. And now, it’s still pretty high. You can see the decline in working hours is pretty steady over the late 19th century and into the 1940s. I think he writes that essay in 1928. It’s published in 1930. It was 1926 when he actually writes it, but it’s published in 1930. Even in the depression, you can see this decline in working hours. It is very pronounced, and then it stops in the 1960s, 1970s. That to me is, do we want to be working this long? At least, I don’t want to be working 40 hours a week. [laughs] You work much more than 40.…
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