Wednesday, November 21, 2007

10% Target

A simple back-of-the-envelope calculation in health economics:

Assume you live eighty years (365.25 days/year), working 35 of them for 50 weeks a year, 40 hours a week. This means that almost precisely 10% of your life will be spent working.

During Christmas, I'd like to hunt down data to see if this is a realistic calculation for Canada. I'd then like to compute the numbers for other countries, and, more interestingly, historically.

I'd bet that a few centuries ago, people dreamt of 10%.

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