"From 2015 to 2019, #Iceland ran the world's largest trial of a shorter working week. An analysis of the results was finally published this week, and surprise! Everyone was happier, healthier, and more productive. Please pretend to be surprised."
"This study shows that the world's largest ever trial of a shorter working week in the public sector was by all measures an overwhelming success"
That is the catch, you are only surveying the people enjoying the benefits of the measure and silencing those who will pay the price.
In the private sector you can't shorten the hours worked and keep the same wedges without compulsively plundering the employers...
@lovizio did you just completely miss the fact that productivity went up or stayed the same, or are you purposefully trying to muddy the waters here?
Please, ask openly, no problem :D
How production is measured?
How that measurement takes into account subkective well being of the entire population involved in the economy?
My point os that it can't and thus it only is taking into account some arbitrary measire that show the result they want to show, metodologically is kind of weak, is a byased measurement.
In particilar in the public sector, is a problem harder to solve.
How the private sector "knows” wen some product/service is not required?:
Because nobody voluntarily buy it (value more the product than the price they are paying), thet reveils the preferences that otherwise cant be articulated untill that choice
Since the thaxpayer can't express their will by quiting paying taxes when the state uses that money for things they don't want, that things and services keeps being produced.
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