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Re: Re: Re: Re: The Bill of Gates fallacy


Jim Devine wrote:

> 2) Tom W., could you give a 25-word-or-less summary of the "lump of labor
> fallacy" and a "25-word-or-less" summary of _why_ it's a fallacy. Maybe I'm
> dumb, but I can't seem to get my mind around what the target of the main
> stream of your missives is. Maybe you give an Econ. 1 version?

Yes. Please do. The term rather baffles me.

Carrol
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