factual

Commuting Time Is Miscounted as Leisure

The cost of commuting is not figured into national income accounts—time spent driving to work in bumper-to-bumper traffic counts as leisure—so eliminating commuting via remote work would be a major improvement in economic welfare without changing measured national income at all.

factualpending

Speaker

Joel Mokyr

Evidence Quote

there'd be a major improvement in your economic welfare, without making one iota of difference to national income

Source

Joel Mokyr on Growth, Innovation, and StagnationEconTalk
Created: 6/13/2026, 12:12:21 AM

My Notes

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