Posner on Skidelsky and Keynes and leisure time
This review is a fun rant about whether we would be better off with lower incomes and more leisure time. Here is one excerpt:
…I well remember as recently as the 1980s how shabby England was, how terrible the plumbing, how shoddy the housing materials, how treacherously uneven the floors and sidewalks, how inadequate the heating and poor the food — and how tolerant the English were of discomfort. I recall breakfast at Hertford College, Oxford, in an imposing hall with a large broken window — apparently broken for some time — and the dons huddled sheeplike in overcoats; and in a freezing, squalid bar in the basement of the college a don in an overcoat expressing relief at being home after a year teaching in Virginia, which he had found terrifying because of America’s high crime rate, though he had not been touched by it. I remember being a guest of Brasenose College — Oxford’s wealthiest — and being envied because I had been invited to stay in the master’s guest quarters, only to find that stepping into the guest quarters was like stepping into a Surrealist painting, because the floor sloped in one direction and the two narrow beds in two other directions. I recall the English (now American) economist Ronald Coase telling me that until he visited the United States he did not know it was possible to be warm.