INR — You are right to point out that my earlier response (like Keynes’ original) focuses on averages. Rising inequality could definitely be a factor in continued high level of average work hours. When you dig down into the details (e.g. unequal wealth and unequal debt), inequality has increased even more than data on incomes indicate:

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Economist, Senior Fellow at Niskanen Center, Yale Ph.D. Interests include environment, health care policy, social safety net, economic freedom.

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