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This has always been part of the propaganda against the poor. If only you worked as hard as this CEO, you'd be rich too! In reality, it's exactly the opposite.
by light_hue_1 5y ago
This has always been part of the propaganda against the poor. If only you worked as hard as this CEO, you'd be rich too!
In reality, it's exactly the opposite. https://pubs.aeaweb.org/doi/pdfplus/10.1257/aer.20151720 https://pubs.aeaweb.org/doi/pdfplus/10.1257/aer.20151720 Page 16, Figure 4. Average hours worked by income group. The poorer you are the more hours you work.
- thesz 5y agoThe graph shows difference between countries with different income, not groups of individuals with different income within same country. The difference of hours worked may be due to factors relevant to countries, not to job done or individual differences. I cannot deduce your conclusion from that graph.
- deleted 5y ago[deleted]
- dannyobrien 5y agoThe conclusion of the actual paper doesn’t quite support your argument: “ We document that, on average, adults in the developing world work about 50 percent more hours per week than adults in rich countries. Average hours worked are higher in developing countries both for men and for women, for all age and education groups, and along both the extensive and intensive margins. Within countries, hours are decreasing with income on average and particularly so in the poorest countries. In the richest countries, hours worked are flat or increasing in income. One implication of our findings is that aggregate labor productivity and TFP differences across countries are larger than previously thought. Moreover, ignoring hours worked also leads to misleading conclusions about the extent of welfare differences across countries. Put simply, residents of the poorest countries are not only consumption poor, but leisure poor as well.”