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The Why of Busyness
Pravin Mahajan
Last Year
Sticker Shock: What is Life Really Worth?
• Lifetime value of human = $872K
• Thomas Piketty R > G
• The paradox of value
• Mullet to genius: Jason Padgett
• Moments not metrics
So, Now About My Moments
• Day = 24 hours
• Average Work = 11 hours
• Commute = 0.5 hour
• Sleep = 8 hours
• I offer 81% of me to my work so I could try to
live on my own terms 19% of the time
My Ancestor, 5000 Years Ago
• Day = Still 24 hours
• Average Work = 0 hours
• Commute = 0 hour
• Sleep = 10 hours
• She offered 100% of her so she could try to live
on her own terms 100% of the time
Why Am I Talking About My Busyness
• Changed Circumstances at Home and Work
• Distribution of Time
• Perception of Time
• How I Got to Creating This Talk
John Maynard Keynes
• Economic Possibilities for Our Grandchildren
(circa 1931)
– Economy would grow 7 fold in a century
– 3 hours of work per day (15 hour week)
• Basis = Clock begins to measure labor (~1750)
– Hours become financially quantified
• So how did Keynes measure up?
– Other economists analyze with their theories
Self-realization Hypothesis
• Edmund Phelps, Columbia
– Work is the most attainable self-realization in
modern societies
– Busyness is existential reassurance
• Richard Freeman, Harvard
– Hard work is the only way forward
– So much to learn and improve, no point living in
Eden
– Taking time for self = weakness
Money is Infinite, Not So for Time
• Gary Becker (1965)
– People don’t trade leisure for work
– When paid more to work, tend to work longer
– Insatiability syndrome (Got iPad?)
– Rising value of work-time puts pressure on all time
• Staffan Linder (1970)
– Concept of “simultaneous consumption” and the
“harried leisure class”
– Leisure time would feel less leisurely for those best
placed to enjoy it
Money is Infinite, Not So for Time
• Yuppie Kvetching
– Daniel Hamermesh (Austin) & Jungmin Lee (Seoul)
– Winner take all society (achievement not affiliation)
– Time Poor Haves and Time Rich Have-Nots
• Less mechanical jobs, more creative
– Hard to measure → First-in, Last-out gets the raise
– Long hours premium: Working mothers hardest hit
Anecdotes from Our Times
• Endless possibilities by a simple internet
connection….pleasures are fleeting
• Website >250ms, Google
• Video >5secs
• Email response within 24 hours
• Take-away coffee, At-desk lunch, Multi-task
• Experiences now calculated in milliseconds
Brigid Schulte
Author “Overwhelmed”
• Leisure was a badge of honor (19th century)
• Busyness is badge of honor (Today)
• Life: More expensive, wages failing to keep up
• Mental tape-loop phenomenon
– Not so much about how many things done
– It’s how much time spent thinking of things to do
A Ray of Light
• John Robinson, Father Time
– American Time Use Survey pioneer
– Consistent insistence = perilous
– Stop that tape, be mindful, but don’t make it a
checklist
• History: Greatest works of art, invention and
philosophy were created during leisure time
– Neuroscience backs this
Sorry, no questions!
Need to get back to
my day job 
pravinmahajan@yahoo.com

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The Why of Busyness - Pravin Mahajan

  • 1. The Why of Busyness Pravin Mahajan
  • 2. Last Year Sticker Shock: What is Life Really Worth? • Lifetime value of human = $872K • Thomas Piketty R > G • The paradox of value • Mullet to genius: Jason Padgett • Moments not metrics
  • 3. So, Now About My Moments • Day = 24 hours • Average Work = 11 hours • Commute = 0.5 hour • Sleep = 8 hours • I offer 81% of me to my work so I could try to live on my own terms 19% of the time
  • 4. My Ancestor, 5000 Years Ago • Day = Still 24 hours • Average Work = 0 hours • Commute = 0 hour • Sleep = 10 hours • She offered 100% of her so she could try to live on her own terms 100% of the time
  • 5. Why Am I Talking About My Busyness • Changed Circumstances at Home and Work • Distribution of Time • Perception of Time • How I Got to Creating This Talk
  • 6. John Maynard Keynes • Economic Possibilities for Our Grandchildren (circa 1931) – Economy would grow 7 fold in a century – 3 hours of work per day (15 hour week) • Basis = Clock begins to measure labor (~1750) – Hours become financially quantified • So how did Keynes measure up? – Other economists analyze with their theories
  • 7. Self-realization Hypothesis • Edmund Phelps, Columbia – Work is the most attainable self-realization in modern societies – Busyness is existential reassurance • Richard Freeman, Harvard – Hard work is the only way forward – So much to learn and improve, no point living in Eden – Taking time for self = weakness
  • 8. Money is Infinite, Not So for Time • Gary Becker (1965) – People don’t trade leisure for work – When paid more to work, tend to work longer – Insatiability syndrome (Got iPad?) – Rising value of work-time puts pressure on all time • Staffan Linder (1970) – Concept of “simultaneous consumption” and the “harried leisure class” – Leisure time would feel less leisurely for those best placed to enjoy it
  • 9. Money is Infinite, Not So for Time • Yuppie Kvetching – Daniel Hamermesh (Austin) & Jungmin Lee (Seoul) – Winner take all society (achievement not affiliation) – Time Poor Haves and Time Rich Have-Nots • Less mechanical jobs, more creative – Hard to measure → First-in, Last-out gets the raise – Long hours premium: Working mothers hardest hit
  • 10. Anecdotes from Our Times • Endless possibilities by a simple internet connection….pleasures are fleeting • Website >250ms, Google • Video >5secs • Email response within 24 hours • Take-away coffee, At-desk lunch, Multi-task • Experiences now calculated in milliseconds
  • 11. Brigid Schulte Author “Overwhelmed” • Leisure was a badge of honor (19th century) • Busyness is badge of honor (Today) • Life: More expensive, wages failing to keep up • Mental tape-loop phenomenon – Not so much about how many things done – It’s how much time spent thinking of things to do
  • 12. A Ray of Light • John Robinson, Father Time – American Time Use Survey pioneer – Consistent insistence = perilous – Stop that tape, be mindful, but don’t make it a checklist • History: Greatest works of art, invention and philosophy were created during leisure time – Neuroscience backs this
  • 13. Sorry, no questions! Need to get back to my day job  pravinmahajan@yahoo.com