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The Economics of Leisure

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  • George Soule

    (National Bureau of Economic Research)

Abstract

The economic developments which made a general sharing of leisure possible, together with higher material levels of living, were a marked increase in productivity and an increase in the size of the labor force relative to the popula tion. Gains in leisure were made under the market system by deliberate choice of workers for more free time even at the sacrifice of possible greater gains in real income. This choice has stimulated many industries supplying recreation wants. Market values do not apply to the allocation of free time by the indi vidual. The problem of values is discussed.

Suggested Citation

  • George Soule, 1957. "The Economics of Leisure," The ANNALS of the American Academy of Political and Social Science, , vol. 313(1), pages 16-24, May.
    • Handle: RePEc:sae:anname:v:313:y:1957:i:1:p:16-24
    DOI: 10.1177/000271625731300106
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