Limited Leisure

While total hours worked have declined over the past century, until recently the poor worked more hours than the upper classes. In 1965, college-educated men enjoyed more leisure than those with a high school diploma. Now, college graduates work 10 hours more a week than those without a high school diploma. The increasingly high wages earned by the rich, combined with lower marginal tax rates, make leisure increasingly unattractive.

Share This Post
Facebook Twitter Email

Speak Your Mind