02/01/2023

America's Fever of Workaholism is Finally Breaking

For the first time in 50 years, the rich are buying more free time

One of the weirdest economic stories of the past half century is what happened to rich Americans—and especially rich American men—at work.

In general, poor people work more than wealthy people. This story is consistent across countries (for example, people in Cambodia work much more than people in Switzerland) and across time (for example, Germans in the 1950s worked almost twice as much as they do today).

But starting in the 1980s, in the United States, this saga reversed itself.

Please select this link to read the complete article from The Atlantic.