Iceland’s economy is outperforming most European peers after the nationwide introduction of a shorter working week with no loss in pay, according to research released Friday.

  • Randelung@lemmy.world
    link
    fedilink
    arrow-up
    4
    ·
    1 month ago

    I always wonder what “no reduction in pay” means. Do they refer to monthly compensation or hourly rates?

  • Diplomjodler@lemmy.world
    link
    fedilink
    arrow-up
    44
    arrow-down
    2
    ·
    1 month ago

    It’s not about productivity, it’s about compliance. The modern corporate world is constructed to preserve power structures, not to be efficient.

  • DominusOfMegadeus@sh.itjust.works
    link
    fedilink
    arrow-up
    6
    arrow-down
    1
    ·
    edit-2
    1 month ago

    Between 2020 and 2022, 51% of workers in the country had accepted the offer of shorter working hours, including a four-day week, two think tanks found, saying the figure is likely to be even higher today.

    I feel like a Think Tank should be like a giant Bacta tank, that mentally links everyone inside.

    • sp3ctr4l@lemmy.zip
      link
      fedilink
      arrow-up
      1
      ·
      1 month ago

      Old World Blues basically made the metaphor literal.

      IIRC, the main… antagonists? idiot people who think they are geniuses? … they are literally brains, in tanks, hooked up to computers or transplanted into robots…

      And the actual name of the building they live in is ‘The Think Tank’.

      https://fallout.fandom.com/wiki/The_Think_Tank

      If you’ve never played New Vegas or Old World Blues…I highly recommend it. Legitimately some of the funniest writing, dialogue options, and absurd situations I’ve seen in a game.

  • sp3ctr4l@lemmy.zip
    link
    fedilink
    arrow-up
    7
    ·
    1 month ago

    Can I become a famous economist who goes on the news circuit if I just take the Laffer curve and change the axes to ‘work hours in a week’ and ‘actual productivity’?