They have collaborated on a book arguing that people in wealthy countries like Britain and the United States work too hard and by doing so miss out on the “good life” — an ethical concept of a life as “worthy of desire, not just one that is widely desired.”
If you ask someone to work half as long for half the pay, you should have …answers to his question: What shall I do with my new leisure?
It’s definitely worth reading the whole thing. A small quibble: I agree with the general thrust of Posner’s argument, but do we really work because we can’t think of anything to do with our leisure time?!