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Why Don’t We Have Shorter Work Weeks?
The 40-hour workweek was supposed to be obsolete by now. In 1930, legendary economist John Maynard Keynes predicted that technological progress would lead to a 15-hour workweek. With rising productivity and wealth, why are we still stuck at 40 hours?
In this episode of Econ Nerds, we discuss:
Keynes’ famous 15-hour workweek prediction
Why productivity gains haven’t translated to less work
How rising living standards keep us working more
The hidden ways we do work less than in the past, and get more out of our work
Whether maybe Keynes was right…from a certain point of view
Watch now to explore the economics of work, productivity, and whether a shorter workweek is actually within reach.
For more on this video and full sources, check out our blog post: https://open.substack.com/pub/econner...
Be sure to follow us on X for Econ Nerdery all week: https://x.com/Econ_Nerds
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