A think tank economist is proposing to dial down global warming by cutting working hours.
David Rosnick of the Center for Economic Policy Research claims
that if the US were to adopt a more European form of capitalism - which manages to maintain high levels of productivity while granting more vacation time to workers - it could help reduce global warming.
"A significant reduction in climate change is possible by choosing a more European response to productivity gains," he writes, "rather than following a model more like that of the United States."
The relationship between shorter working hours and fewer greenhouse gas emissions is "complex," Rosnick maintains
, but nonetheless real.
Of course with fewer Americans working today than just a few short years ago, coupled with productivity remaining
high nonetheless, it seems the scenario Rosnick envisions is partially at work now. As even he admits, 2013 isn't a particularly good time to implement his recommendations:
"The pursuit of reduced work hours as a policy alternative would be much more difficult in an economy where inequality is high," Rosnick writes. "The analysis in this paper assumes that the gains from productivity growth will be more broadly shared in the future."
Via the Daily Caller and the Center for Economic Policy Research