Sunday, February 05, 2006

Work and play | The land of leisure | Economist.com

Work and play The land of leisure Economist.com: "A pair of economists have looked closely at how Americans actually spend their time. Mark Aguiar (at the Federal Reserve Bank of Boston) and Erik Hurst (at the University of Chicago's Graduate School of Business) constructed four different measures of leisure.* The narrowest includes only activities that nearly everyone considers relaxing or fun; the broadest counts anything that is not related to a paying job, housework or errands as 'leisure'. No matter how the two economists slice the data, Americans seem to have much more free time than before. "

Counterintuitive, but read the full article.

No comments: