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> The rich were meant to have the most leisure time. The working poor were meant to have the least. Only in fairy tales. The conclusion in economic textbooks i
by grn 10y ago
> The rich were meant to have the most leisure time. The working poor were meant to have the least.
Only in fairy tales. The conclusion in economic textbooks is always the same: if you're rich the opportunity cost of having a day off are _much_ higher so the more you can create in an hour the _less_ likely it is you'll have a day off. That's why CEOs of larger companies have assistants or, in case of mega corps, helicopters or planes.
Practical conclusion: if you're an independent professional schedule a fixed number in a year of weeks for vacations. If you plan for it you'd be less likely to hesitate than when making the decision on a week-by-week basis. (Said a person who had longer vacations about 5 years ago)
- rconti 10y agoAbsolutely. I'm SO glad I'm not hourly. I'd never take vacation because I'd think about all the money I'm 'losing'. I'd have a hard time enjoying unemployment for the same reason, even with ample savings. I make it a point to use up all my allotted vacation, which has the side effect of making me more productive, and makes me more respected at work than the guy who is trampled all over because he never takes time off.