Thursday, August 16, 2007

Only economists...

Here's the start of a piece in the Economist about working hours:

Most people greet the weekend with gratitude. But some economists view it with puzzlement. Why, they wonder, does the bulk of the population rest on the same two days each week? Why does everyone's week end at “the” weekend? From an economic point of view, it would surely be more efficient to stagger days of rest throughout the week. That way, expensive pieces of equipment would not lie idle for two days in seven, and infrastructure would be less congested the other five.

Surely only economists could possibly be puzzled by why people like to have the same days off! More seriously, isn't it a somewhat sobering thought that something as important as the fact that people like to enjoy leisure time with other people might be missing from models used to make decisions about our lives?

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