The United States Hugely Lags in Leisure Time
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Friday, 08 February 2013 06:27 |
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The Post has an article implying that many more people are opting for leisure in the United States than in the past and that this fact could even explain income inequallity. Neither of these assertions is very plausible. The United States has seen a much smaller reduction in work time over the last three decades than any other wealthy countries. Furthermore, countries that have seen steeper reductions in work time have seen much smaller increases in inequality.
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So involuntary unemployment doesn't really exist because of all those workers who chose to work less and make room for others to work by not crowding them out?
And this act of gratitude towards the unemployed by employed workers choosing to work less for more leisure was also one of self interest to be less equal economically on the income scale?