Why is everyone so busy? (2014)
I'm of the opinion that the root of the problem is inflation (but I'm open to correction).My thinking is that we're constantly being pushed to work harder because no business today can reach a successful steady-state -- it must keep growing. The reason businesses must keep growing is that investors demand it. Investors demand it because they believe that wealth sitting around not making more wealth is a waste. Inflation, I believe, is a big component of this view. What would happen if we keep inflation near-zero? Is slow growth really a bad thing?