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Why Greece Works More Hours Than Germany
Everyone "knows" that Northern Europeans are hardworking industrial powerhouses while Southern Europeans prefer long lunches and siestas. But the OECD data tells a completely different story: Greek workers put in 543 more hours per year than German workers. This episode unpacks why that gap exists—and why the warm-climate-equals-lazy explanation fails completely. We explore capital intensity, industrial composition, Eurozone structural dynamics, and the historical path dependence that explains why a German hour generates twice the value of a Greek hour. The stereotype isn't just wrong—it's…
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