13. Lump of Labour Fallacy

31/12/2020 13 min
13. Lump of Labour Fallacy

Listen "13. Lump of Labour Fallacy"

Episode Synopsis

There’s been an ongoing tussle on whether policies like immigration, technological advancement and protectionism spell trouble for the economy. These policies make workers’ hackles rise because they assume that jobs in the economy are fixed so any wave of change would render them jobless.But is the size of the economic pie really fixed? Should we shut our economy and save our jobs only for the native workers?