This article explores the pros and cons for reducing working hours in Europe. To arrive to an informed judgment we review critically the theoretical and empirical literature, mostly from economics, concerning the relation between working hours on the one hand, and produ... View more
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8. As used in this article, ―capital‖ includes land, animals, structures, and machines - anything capable of being owned and employed in production. It does not include ―financial capital,‖ which is a claim on, or ownership interest in, real capital.
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