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Matthew Yglesias

Matthew Yglesias - Matthew Yglesias is a fellow at the Center for American Progress Action Fund.
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Matthew Yglesias is a fellow at the Center for American Progress. His first book, with the working title Heads in the Sand: Iraq and the Strange Death of Liberal Internationalism, scheduled to be published next spring by John Wiley and co., deals with the Democratic Party's struggle to find a post-9/11 foreign policy, focusing primarily on the rise and (hopefully) fall of the liberal hawk movement.

Previously, he was a staff writer at The American Prospect and an Associate Editor at TPM Media, where he contributed to the group blogs Tapped and TPMCafe. His main blog, now at The Atlantic, has existed in various forms since the dark ages of the blogosphere in January 2002.

His writing has appeared in The Guardian, Slate, The New Republic, and The Washington Monthly, and he is a regular on BloggingHeads.tv and makes the occasional radio or television appearance.

Desperately out of touch with the American mainstream, Yglesias was born and raised in Manhattan and studied philosophy at Harvard where he was editor in chief of The Harvard Independent, a campus alternative weekly.

His latest writings can be found on the Matthew Yglesias blog.

Vacation Mandates, Again

By Matthew Yglesias
Jul 23 2007, 4:39 PM ET Comment

To continue this fight endlessly, I think Ezra Klein is completely misinterpreting the fact that higher-skilled workers get more vacation. There's a tradeoff between leisure and income. The more income you already have, the more interested you become at the margin to have more leisure rather than more income. We can see this from the exciting world of journalism, where the appeal of, say, earning $150 writing a Comment is Free piece instead of watching your The Shield season one DVD is going to have something to do with how much money you're earning from other sources.

This brings us to yet another problem with mandatory vacations -- it's regressive. Leisure is a "superior good" the kind of thing people put more value on the more money they already have. Working class people struggling to earn enough money to pay the bills aren't going to be made happier if they have more time off but earn less money. The sort of pernicious status competition cycles that Ezra postulated as the reason we can't leave this up to the free market are going to be most applicable way up near the top of the income distribution -- it's very plausible that Rich Lawyer A is putting in the hours primarily to show up Rich Lawyer B, but Convenience Store Guy is putting in the hours because he actually wants the money.

This all goes back to the issue of whether or not there's really such a thing as paid vacation. If you believe that additional vacation days procured for people through government mandates won't result in proportionate decreases in their money income, then of course mandating more vacation time is a good idea. Similarly, if I thought that mandating that all employers provide their employees with free cable wouldn't result in a proportionate decrease in their money income, I'd favor that, too. But the world doesn't work like that.

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