Hard work is often touted as the key American virtue that leads to success and opportunity. And there’s lots of evidence to suggest that workers buy into the belief: For example, a recent study found that Americans work 25 percent more hours than Europeans, and that U.S. workers tend to take fewer vacation days and retire later in life. But for many, simply working hard doesn’t actually lead to a better life.
In the past, economists have acknowledged that citing hard work as the path to prosperity is overly simplistic and optimistic . Ultimately, whether hard work alone can lift […]