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• W1968045185 abstract "This article reexamines an old question: what is work and why do we do it? A straightforward “economic” answer is that work is any time activity for which we receive a positive wage, but this raised the question of which activities command a positive wage. Now the answer depends on market level considerations such as the available technology and the joint distribution of preferences and skills in the population. Unfortunately, these fundamentals are not directly observed, and we must infer them somehow from observations on wages and individual choices. This circular logic leaves a lot of room for speculation and arbitrary definitions. In this article, I survey this speculative territory and examine the views of classical economists (and philosophers) on work, its pain, and its rewards. I also discuss the impact of the economic and social context in which work is performed on individual attitudes toward work. My main objective is to review labor economics from the broader perspective of outsiders, including those who established our field. Labor is a familiar activity that most humans have experienced and many have thought about. The ideas and questions raised here are intended to stimulate current professional economists to step back and rethink concepts" @default.
• W1968045185 created "2016-06-24" @default.
• W1968045185 creator A5044939481 @default.
• W1968045185 date "2009-01-01" @default.
• W1968045185 modified "2023-09-26" @default.
• W1968045185 title "Work and Leisure: A History of Ideas" @default.
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• W1968045185 doi "https://doi.org/10.1086/596993" @default.
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