Introduction to Lazynomics
One day while being completely lazy and worthless in college, I constructed the theory of Lazynomics. Lazynomics in its simplest terms refers to being able to maximize an individual’s overall laziness, or leisure. The theory of Lazynomics revolves around one primary principle, increasing returns to laziness. Increasing returns to laziness refers to an individual, or an entity, reducing their amount of work or effort (often referred to as input) and consequently deriving the same, or an even greater amount of output (or utility). Simply put, increasing returns to laziness focuses on doing less, to get more!
Laziness comes in countless forms. There is the lazy man who does nothing all day and lives in squalor or there is the lazy man who, whether he knows it or not, is a true student of lazynomics. You see, the latter lazy man realizes there are ways in life to accomplish great things and have great success by consciously doing less work!
Case in point, 10% people account for approximately 90% of the world’s wealth and vice versa. If the world worked in such a way that wealth (output) was in any way a function of hard work (input) then that number would be closer to 50% / 50%. The 10/90 scenario can only be explained by the masters of laziness who practice and maximize increasing returns to laziness in their own lives.
Lazynomics concludes that hard work is inversely proportional to success (or any other desired output) and directly proportional to stress, exhaustion, and misery. Yet for some reason everybody seems to think “good things come from hard work”…WRONG!! Think about it, a majority of the society works hard, but only a few are successful and wealthy. This is why I left my corporate career. My “hard work” and long hours only fueled the massive corporate pay checks and stress induced naps by me every day after work!