Leap Day: 1/366th of the economy
This final note today: the economic advantages of adding a day to the year.
Not a whole lot, it turns out.
1/366th of added economic activity doesn’t really do much in the grand scheme of things.
Individually, though, think about this:
If you get an hourly wage, today was a chance to earn a little bit more money.
If you’re on salary, you basically worked for free today.
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