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" We should also be careful not to count the “leisure” of the unemployed as a benefit. Those who have lost their jobs are not choosing to spend more time at home, and study after study has documented that unemployed people are among the most dissatisfied with their lives. So the data in Figure 1 would not be improved by any mechanical adjustment for the value of leisure. "

Angus Deaton , The Great Escape: Health, Wealth, and the Origins of Inequality


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Angus Deaton quote : We should also be careful not to count the “leisure” of the unemployed as a benefit. Those who have lost their jobs are not choosing to spend more time at home, and study after study has documented that unemployed people are among the most dissatisfied with their lives. So the data in Figure 1 would not be improved by any mechanical adjustment for the value of leisure.