Time Is Not On America's Side

Most of us turn time into money regularly. While the rate of exchange--our wage rate--may not be all we would like, making this swap is no great feat. Turning money into time is much harder. There are, of course, ways to perform the 20th century version of alchemy-you can hire a gardener and a housekeeper, for example. But, in general, we have only limited opportunities to buy time with money.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.