The Center for Economic Policy and Research, described as a liberal think tank, has produced a study claiming less work will save the planet from global warming. Economist David Rosnick (http://www.usnews.com/news/articles/...y-working-less
) , who produced the analysis, says the world should adopt a “more European” work schedule as a way to reduce carbon emissions.
“The relationship between [shorter work and lower emissions] is complex and clearly understood, but it is understandable that lowering levels of consumption, holding everything else constant, would reduce greenhouse gas emissions,” Rosnick writes. “If the world were to follow a more European model of work, we would expect fewer hours, less output, and lower emissions of greenhouse gases.”
If implemented, Rosnick’s scheme would translate into more poverty and suffering, although he does not address that consequence. Instead, he writes that a European system of less work would require a “trade-off” of up to one-quarter of “income gains” in exchange for “increased leisure time and vacation.” Of course, the average worker, deprived of “income gains” in addition to falling wages and monetary inflation wouldn’t be able to afford a vacation and would instead likely look for ways to make up for the lost income.