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English to Arabic translations [PRO]
Economics | | English term or phrase: Lump of labour fallacy | this is the definition in wikipedia
"The lump of labour or lump of jobs fallacy is an argument generally considered to be fallacious which relies on the premise that the amount of work available to labourers is fixed. Contending that the amount of work is flexible not static, most economists oppose such arguments. Another way to say this is that it treats a quantity as if it were an exogenous variable, when it's not. It may also be called the fallacy of labour scarcity, or the zero-sum fallacy, from its ties to the zero-sum game."
thanks in advance :) |
| | | مغالطة اجمالى(مجموع كتلة) العمالة / مغالطة اجمالى الوظائف | Explanation:
The lump of labour fallacy, also called the fallacy of labour scarcity in the most restricted sense is a fallacy in economic reasoning. The fallacy occurs when it is assumed that a variable (such as "labor") is fixed when in reality it is subject to endogenous change, determined for instance by a model. In the general case of other, possibly non-economic variables, there does not appear to be a commonly accepted name, such as the lump of X fallacy. This fallacy is typically invoked against attempts to alleviate unemployment by restricting working hours. |
| Selected response from:
  Mohamed Gaafar
Egypt
Local time: 08:02
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The translation workplace 
