· Charlie Holland · Architecture
The Angels' Share of Every Productivity Gain
Every year, roughly 2% of the whisky in every cask in Scotland breathes out through the wood and is gone. Nobody fights it. The angels' share, they call it, the price of letting the stuff mature at all. The economy runs the same trick on productivity, except our angels get greedier every year. Which is why Keynes promised your grandparents a fifteen-hour week and you're reading this between two meetings about a third.