A growing number of high-paid professionals in the UK are choosing to work fewer hours. Some commentators claim this signals economic weakness, declining productivity, or the consequence of bad tax policy. This video explains why that interpretation is wrong.
When people reach a point of sufficiency, working fewer hours can improve health, well-being, productivity per hour, and the transition into retirement. It can also open opportunities for younger workers, improve skills transfer, and reduce burnout across the economy.
This is not a withdrawal from work. It is a rational response to the scarcity of time, and not money, and it challenges outdated ideas about growth, productivity, and success.