This article claims that the rise of the entertainment industry explains slowing productivity growth, because not only does entertainment distract us from creative and productive pursuits, but our creative and productive people are pouring their energies into this sector because it is where the profits are. I don’t necessarily buy the former, because it is possible that we could be deciding as a society that we are productive enough and choosing to spend more time on pursuits that do not put ever more monetary wealth in our pockets. I think some people are doing that, perhaps not most. Perhaps in Scandinavia. But the second part does make sense to me, that the smartest and most creative people are not being drawn to the sectors where they could do the most good for society.
leisure-enhancing technologies and productivity
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