Social Media Means
Photo: Ivan Samkov
The explanation is quite simple: American workers have much shorter vacations and many fewer public holidays than other workers. Over the last forty years, people in other wealthy countries have made the political choice to accept slightly lower annual incomes in exchange for less time working. Americans have not.
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Read More »So what if I am a workaholic — isn’t that my own business? No, no more than my being a drug addict, a three-pack-a-day cigarette smoker, or an alcoholic is my own business. If I am a workaholic, and a high-paid, highly placed, powerful one, my workaholism will spill over onto the work time of my subordinates. Executives will work long hours and insist that their assistants do the same if they wish to keep their jobs. The assistants will put in those long hours and will remain in their jobs, since they are paid more than they would receive starting off anew elsewhere. Workaholics have similar impacts on their families. I may work long hours in my later years because I have become a workaholic, working longer and enjoying less leisure with my wife than she would want. Our family income is higher as a result, but my wife would happily give up some of the extra dollars to be able to spend more time enjoying leisure with me. She is better off than if she divorced me but not as well off as she would be if I worked less, earned less, and spent more time with her. Workaholism is an addiction that affects other people. It generates what economists call “externalities,” negative impacts on others that we produce by our freely chosen activities. The discussion of why Americans’ work habits are now different from other rich countries has either been negative or theoretical or institutional, but these explanations are consistent using people’s behavior. They also provide strong hints at how public policy might be changed to improve Americans’ work lives.
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