Economics
Mark Fishman and
Economics
Output per worker increased by almost 300% between 1950 and 2018 in the U.S. The standard American workweek, meanwhile, has remained unchanged, at about 40 hours.
This paradox is especially notable in the U.S., where the average work year is 1,767 hours compared with 1,354 in Germany, a difference largely due to Americans’ lack of vacation time.
Some
... See moreGreater Good • Will the Workweek Ever Get Shorter?
Criterion Institute
criterioninstitute.org
My current favorite theory about what's gone wrong since the 1970s is that we stopped innovating to maximize performance and started optimizing for energy (and resource) efficiency.
Imagine all the cool shit we're gonna build once we have abundant sources of clean energy...
Structure and Legitimation in Capitalism: Law, Power, and Justice in Market Society
papers.ssrn.com
